GOB Event of Default definition

GOB Event of Default bears the meaning scribed thereto in Section 13.2; “GOB Notice of Default” bears the meaning scribed thereto in Section 13.1;
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GOB Event of Default bears the meaning scribed thereto in Section 13.2;
Sample 1Sample 2Sample 3

Examples of GOB Event of Default in a sentence

  • In the event of a termination of this Agreement prior to the occurrence of Financial Closing due to a GOB Event of Default or BPDB Event of Default, as the case may be, the GOB shall, promptly, upon such termination, procure the return of the Performance Security Deposit by BPDB (without any drawings thereon) to the Company.

  • In the event the Company terminates this Agreement pursuant to Section 13.2(a) through (h) as a result of a GOB Event of Default, the Company may elect to transfer the Facility to the GOB or its designee and, upon such transfer, the GOB or its designee shall pay the Company the compensation amount set forth in Row II of Schedule 2.

  • In the event of a termination of this Agreement prior to the occurrence of Financial Closing due to a GOB Event of Default or as the case may be, the GOB shall, promptly, upon such termination, procure the return of the Performance Security Deposit by BPDB (without any drawings thereon) to the Company.

  • If the Company or any of the Contractors fails to abide by any terms or conditions of any Government Authorization, then the exercise by the GOB or any Relevant Authority of a power pursuant to the Laws of Bangladesh in respect of such failure shall not of itself constitute a breach of this Agreement by the GOB, a Force Majeure Event under Section 11 or Political Event under Section 11A.1.1 or Change in Law under Section 11A.1.2, or a GOB Event of Default under Section 13.2.

  • If the Company or any of the Contractors fails to abide by any terms or conditions of any Consent, then the exercise by the GOB or any Relevant Authority of a power pursuant to the Laws of Bangladesh in respect of such failure shall not of itself constitute a breach of this Agreement by the GOB, or a GOB Event of Default under Section 12.1(b).

  • If the Company or any of the Contractor(s) fails to abide by any terms or conditions of any Government Authorisation, then the exercise by the GOB or any Relevant Authority of a power pursuant to the Laws of Bangladesh in respect of such failure shall not of itself constitute a breach of this Agreement by the GOB, a Force Majeure Event under Section 11, or a GOB Event of Default under Section 13.2.

  • If the Company or any of the Contractor(s) fails to abide by any terms or conditions of any Government Authorisation, then the exercise by the GOB or any Relevant Authority of a power pursuant to the Laws of Bangladesh in respect of such failure shall not of itself constitute a breach of this Agreement by the GOB, a Force Majeure Event under Section 11.1 or a Political Event under Section 11A.1, or a GOB Event of Default under Section 13.2.

  • If the Company or any of the Contractors fails to abide by any terms or conditions of any Government Authorization, then the exercise by the GOB or any Relevant Authority of a power pursuant to the Laws of Bangladesh in respect of such failure shall not of itself constitute a breach of this Agreement by the GOB, a Force Majeure Event under Section 11, or a GOB Event of Default under Section 13.2.

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Related to GOB 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).

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

  • 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.

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

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

  • 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)).

  • 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:

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

  • 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.

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

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

  • 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.

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

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

  • 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.

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

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

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

  • 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.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • 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.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

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