Grantor Event of Default definition

Grantor Event of Default.  Has the meaning given thereto in Section 21.2 of the Agreement.
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Grantor Event of Default has the meaning given in Article 40.2. "Grantor Notice of Variation" has the meaning given in Article 35.1.1. "Grantor’s Representative" has the meaning given in Article 53.1. "Grantor's Step-In Right" has the meaning given in Article 42.
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Grantor Event of Default means event of default of the Grantor as defined in Section 9.2.2.
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Examples of Grantor Event of Default in a sentence

  • Event of Default means the Authorisee Event of Default or the Grantor Event of Default or both as the context may admit or require.

  • Provided if the termination is on account of Grantor Event of Default the cost of such transfer shall be borne/ reimbursed by the Grantor.

  • The Authorisee shall entirely at its cost, terminate all such Project Contracts which are not transferred/assigned to the Grantor provided, if the termination is on account of the Grantor Event of Default the Grantor shall compensate the Authorisee to the extent of the termination payments, if any, made or to be made by the Authorisee to the counter parties to such contracts.

  • In the event the Concessionaire terminates this Agreement pursuant to Section 21.2 as a result of a Grantor Event of Default, the Concessionaire shall have the right, but shall not be required to exercise the Buy-Out Option by delivering a Buy-Out Notice to the Grantor.

  • If any Concessionaire Event of Default or Grantor Event of Default, as the case may be, occurs and is continuing, the non-defaulting Party may deliver a notice (a “Termination Notice”) to the defaulting Party, which notice shall specify in reasonable detail the Concessionaire Event of Default or Grantor Event of Default, as the case may be, giving rise to the Termination Notice.

  • ARTICLE 14 - EVENTS OF DEFAULT Section 14.1 - Events of DefaultEvent of Default means the Authorisee Event of Default or the Grantor Event of Default or both as the context may admit or require.

  • The Authorisee shall entirely at its cost, terminate all such Project Contracts which are not transferred/assigned to the Grantor provided, if the termination is on account of the Grantor Event of Default the Grantor shallcompensate the Authorisee to the extent of the termination payments, if any, made or to be made by the Authorisee to the counter parties to such contracts.

  • The Grantor or any Public Authority may attach such non-discriminatory terms and conditions to the issuance or renewal of any of the Consents as are in accordance with the Laws of Montenegro, and the attachment of such terms and conditions shall not in and of itself constitute a breach of this Agreement by the Grantor, a Force Majeure Event under Article 23, or a Grantor Event of Default under Section 21.2. The Concessionaire shall abide by all such terms and conditions.

  • Except for Grantor events of default under Section [•] (Grantor Event of Default) and Section [•] (Grantor Event of Default), all Grantor events of default are deemed capable of remedy and capable of having its effects overcome.b. The Grantor and the Private Proponent must promptly meet, but no later than [•] days after receipt by the Grantor of the notice of default, to discuss in good faith the means, period and any other terms and conditions for the curing of the Grantor Event of Default.c. If:i.

  • If the Grantor fails to act in accordance with the previous Section, the same shall be considered as a Grantor Event of Default.


More Definitions of Grantor Event of Default

Grantor Event of Default means the occurrence or continuance of any of the following events, acts, occurrences or conditions, whether such event, act, occurrence or condition is voluntary or involuntary or results from the operation of law or pursuant to or as a result of compliance by any Person with any judgment, decree, order, rule or regulation of any court or administrative or governmental body:
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Related to Grantor Event of Default

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

  • Owner Event of Default has the meaning specified in Section 16.2.

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

  • 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).

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

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

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

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

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such 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):

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

  • 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 any Event of Default under Section 8.01(a), (f) or (g).

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

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

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

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • 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)).

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

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

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

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

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

  • 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.

  • 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.