General Event of Default definition

General Event of Default means the occurrence of any condition or event set forth in Section 10.01 (other than a Bankruptcy Event of Default or Specified Event of Default).
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General Event of Default means an Event of Default that is not a Specified Event of Default.
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General Event of Default means an Event of Default that is neither a Payment Event of Default nor a Bankruptcy Event of Default.
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Examples of General Event of Default in a sentence

  • Claims in respect of any difference between the amount of the net proceeds of the General Security after enforcement thereof and the amount which would otherwise have been payable under the Notes and Coupons (if any) of any General Series (a “shortfall”) shall be extinguished and failure to make any payment in respect of any such shortfall shall in no circumstances constitute a General Event of Default.

  • Claims in respect of any difference betweenthe amount of the net proceeds of the General Security after enforcement thereof and the amount which would otherwise have been payable under the Notes and Coupons (if any) of any General Series (a “shortfall”) shall be extinguished and failure to make any payment in respect of any such shortfall shall in no circumstances constitute a General Event of Default.

  • No delay or omission of the Collateral Agent or any Secured Creditor in the exercise of any such right, power or remedy, nor any course of dealing between the Company and the Collateral Agent or any Secured Creditor, nor any renewal or extension of any of the Obligations shall impair any such right, power or remedy or shall be construed to be a waiver of any General Default or General Event of Default or an acquiescence therein.

  • In the event that any General Event of Default shall have occurred and be continuing, the Collateral Agent may apply any proceeds of such insurance in accordance with Section 6.4 hereof.

  • General Event of Default means, with respect to a Buyer, a Default or Event of Default that is a Default or Event of Default in respect of the Seller under paragraph 11(ii), (iv), (v), (vi), (vii) (with respect to clauses (i) and (v) of paragraph 10 of the Repo Agreement) or (viii) of the Repo Agreement to which such Buyer is party.

  • Each of the following shall constitute an Event of Default under this Agreement: (a) General Event of Default.

  • To the extent that the Collateral has not previously been applied pursuant to Article V hereof, the Collateral Agent shall, unless otherwise directed by the Requisite Holders, from time to time invest funds on deposit in the Cash Concentration Account in Cash Equivalents or such other investments in cash equivalents as required by the Company (so long as no General Event of Default is continuing) and acceptable to the Collateral Agent in its sole discretion (collectively, the "PERMITTED INVESTMENTS").

  • D) were compared in the fat body of (1) the JH-deficient line Aug21>; UAS-grim, (2) the control line Aug21>, (3) the control line UAS-grim, and (4) the JH- overexpressing line Aug21>; UAS- jhamt at EW, WPP and 6AP.

  • Upon the occurrence of any General Event of Default set out in Clause 40.1(i), Clause 40.1(iv), Clause 40.1(vi), Clause 40.

  • For the purpose of this Clause 10.5, a General Event of Default shall occur if an Event of Default specified in Clause 10.1 (a) - (c) occurs in relation to 50% or more of the Contracts.


More Definitions of General Event of Default

General Event of Default means any of the events set out in Clause 40.1.
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General Event of Default any Event of Default under, and as defined in, (i) the Note Purchase Agreement, (ii) the Credit Agreement, or (iii) any Additional Parity Debt Agreement.
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General Event of Default means an Event of Default that is not a Specified Event of Default. ​ ​
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Related to General Event of Default

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Event of Default has the meaning specified in Section 8.01.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of Default.