Guarantee Event of Default definition

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

Guarantee Event of Default has the meaning specified in Section 2.06.

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

Examples of Guarantee Event of Default in a sentence

• Upon such waiver, any such Guarantee Event of Default shall cease to exist, and any Guarantee Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee, but no such waiver shall extend to any subsequent or other default or Guarantee Event of Default or impair any right consequent thereon.

• In case a Guarantee Event of Default has occurred (that has not been cured or waived pursuant to Section 2.6) and is actually known to a Responsible Officer of the Guarantee Trustee, the Guarantee Trustee shall exercise such of the rights and powers vested in it by this Guarantee, and use the same degree of care and skill in its exercise thereof, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.

• The Holders of a Majority in Liquidation Amount of the Capital Securities may, by vote or written consent, on behalf of the Holders of all of the Securities, waive any past Guarantee Event of Default and its consequences.

• The Holders of a Majority in Liquidation Amount of the Securities may, by vote or written consent, on behalf of the Holders of all of the Securities, waive any past Guarantee Event of Default and its consequences.

• Upon such waiver, any such Guarantee Event of Default shall cease to exist, and any Guarantee Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Trust Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Guarantee Event of Default or impair any right consequent thereon.

More Definitions of Guarantee Event of Default

Guarantee Event of Default means (i) the failure of the Guarantor to perform any of its payment or other obligations under this Trust Preferred Securities Guarantee or [(ii) the failure of the Guarantor to deliver Bay View Common Stock upon an appropriate election by any Holder of Trust Preferred Securities to convert such Trust Preferred Securities into shares of Bay View Common Stock.]

Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee Agreement; provided, however, that, except with respect to a default in payment of any Guarantee Payment, any such default shall constitute a Guarantee Event of Default only if the Guarantor shall have received notice of such default and shall not have cured such default within 60 days after receipt of such notice.

Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee; PROVIDED, HOWEVER, that except with respect to a default in payment of any Guarantee Payments, the Guarantor shall have received notice of default and shall not have cured the default within 60 days after receipt of the notice.

Guarantee Event of Default is defined in the Guarantee.

Guarantee Event of Default means any event or circumstance described as a “Guarantee Event of Default” in the Guarantee Agreement;

Guarantee Event of Default means, with respect to any series of Securities, (1) default in the performance, or breach, of any covenant or warranty of the Guarantor in Sections 8-2, 8-3 or 8-4 of this Indenture, and continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to the Guarantor by the Trustee or to the Guarantor and the Trustee by the record holders of at least 25% in principal amount of the Securities of such series at the time Outstanding a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a "Notice of Guarantee Default" hereunder; or

Guarantee Event of Default means any of the events specified in Section 11.1; provided, however, that any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.