GP Event of Default definition

GP Event of Default means the occurrence of any one or more of the following:

GP Event of Default has the meaning given to such term in the Stadium Limited Partnership Agreement;

GP Event of Default has the meaning given to such term in the CFL Team Limited Partnership Agreement;

Examples of GP Event of Default in a sentence

• The General Partner will notify the Limited Partner of the occurrence, and details, of any GP Event of Default and of any event or circumstance which is likely, with the passage of time or otherwise, to constitute or give rise to a GP Event of Default, in either case promptly on the General Partner becoming aware of its occurrence.

• For clarity, the provisions herein regarding default and the Limited Partner’s rights in the event of a GP Event of Default shall be in addition to and without derogation from the rights of the City and OSEG contained in the Project Agreement or the Material Agreements.

• Subject to the provisions of the Relevant Agreements, as a result of the conflict of interest of OSEG, the City, as a party to the Master GP Shareholder Agreement, shall be entitled to make a decision as to the existence of a GP Event of Default, and exercise the remedies of the Limited Partner contained in this Agreement, including Section 6.2, in the event of such GP Event of Default.

More Definitions of GP Event of Default

GP Event of Default has the meaning given to such term in Retail Limited Partnership Agreement;

GP Event of Default has the meaning given to such term in the Ottawa 67’s Limited Partnership Agreement;