Head Lease Event of Default definition

Head Lease Event of Default means any “Event of Default” defined in:
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Head Lease Event of Default shall have the meaning specified in Section 7(a) of the Head Lease.
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Head Lease Event of Default. This term shall have the meaning set forth in Section 17.
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Examples of Head Lease Event of Default in a sentence

  • Event of Default/Head Lease Event of Default Any Development Agreement (Expansion Property) Event of Default or Head Lease Event of Default occurs and such Development Agreement (Expansion Property) Event of Default or Head Lease Event of Default is not remedied to the satisfaction of the Head Lessor within the time specified by the Head Lessor.

  • The Head Lessee confirms that any failure to deliver such conditions subsequent within the required time frame shall be a Head Lease Event of Default.

  • A Head Lease Event of Default is deemed to occur under any Head Lessee Document.

  • Each of the events or circumstances set out in this Clause 15 is a Head Lease Event of Default and a repudiation of this Agreement by the Head Lessee.

  • Any Development Agreement Event of Default or Head Lease Event of Default occurs and such Development Agreement Event of Default or Head Lease Event of Default is not remedied to the satisfaction of the Head Lessor within the time specified by the Head Lessor.

  • Upon the occurrence or existence of any Head Lease Event of Default and at any time thereafter unless such Head Lease Event of Default is waived, Head Lessor may sue Xxxd Lessee for the collection of any amount due under this Agreement or to enjoin the continuation of the Head Lease Event of Default; provided, however, that such remedies are the sole and exclusive remedies of Head Lessor hereunder.

  • The Housing Authority may grant such requests if it determines that the exception is justified by the relationship, age, sex, health or disability of family members, or other personal circumstances.

  • During the existence and continuance of a Head Lease Event of Default, the Head Lessor or its designee may, but shall not be obligated to, (i) subject to the terms of any Related Document, perform any and all acts required by the Head Lessee's covenants herein contained and take all such action thereon as in the Head Lessor's opinion may be reasonably necessary or appropriate therefor and (ii) make payments or advances to perform the same.

  • During the existence and continuance of a Head Lease Event of Default, the Head Lessor or its designee may, but shall not be obligated to, (i) subject to the terms of any Related Document, perform any and all acts required by the Head Lessee's covenants herein contained and take all such action thereon as in the Head Lessor's opinion may be reasonably necessary or appropriate therefor and (ii) make advances to perform the same.

  • In the event that any payments received by Head Lessor or Indenture Trustee referred to in the immediately preceding sentence with respect to any Compressor exceed any amounts due and owing by Head Lessee to Head Lessor under the Related Documents, then, provided there are no amounts due and owing by Head Lessee under the Related Documents and no Head Lease Event of Default shall have occurred and be continuing, such excess shall forthwith be paid to Head Lessee.


More Definitions of Head Lease Event of Default

Head Lease Event of Default means an event specified as such in clause 15 (Default) of the Head Lease. Head Lease Period means the period as determined in accordance with clause 4.2 (Head Lease Period) of the Head Lease. Head Lessee Account Pledge means the French law pledge over the Rental Account, the Security Deposit Account and the Maintenance Reserve Account in the agreed form dated ** 2008 granted by the Head Lessee in favour of the Security Trustee. Head Lessee Documents means those of the Transaction Documents to which the Head Lessee is a party. Head Lessee Illegality Representations means the representations of the Head Lessee made under Clauses 3.4(b) (Legal validity), 3.18 (No adverse consequences) and 3.19 (Jurisdiction/governing law). Head Lessee Secured Obligations means all liabilities of the Head Lessee to each Secured Party under the Head Lessee Documents and the Other Transaction Documents to which the Head Lessee is a party and any liabilities of the Head Lessee or any other member of the Group in respect of Other ECA Indebtedness. Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary. Home Country Aircraft means an aircraft which is leased to a Lessee incorporated in France, Germany or the United Kingdom. Home Country Notice has the meaning given to it in Clause 10.4.1. IDERA means an irrevocable de-registration and export request authorisation substantially in the form of Schedule 5. Illegality Event means an event or circumstance:
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Head Lease Event of Default shall have, with respect to either Head Lease Agreement, the meaning given to that term in Paragraph 5.01 of such Head Lease Agreement.
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Head Lease Event of Default means an event specified as such in clause 15 (Default) of the Head Lease. Head Lease Period means the period as determined in accordance with clause 4.2 (Head Lease Period) of the Head Lease. Head Lessee Account Pledge means the French law pledge over the Rental Account, the Security Deposit Account and the Maintenance Reserve Account dated 18 July 2008 granted by the Head Lessee in favour of the Security Trustee. Head Lessee Documents means those of the Transaction Documents to which the Head Lessee is a party. Head Lessee Illegality Representations means the representations of the Head Lessee made under Clauses 3.4(b) (Legal validity), 3.18 (No adverse consequences) and 3.19 (Jurisdiction/governing law). Head Lessee Secured Obligations means all liabilities of the Head Lessee to each Secured Party under the Head Lessee Documents, the Other Transaction Documents and the Alternate Transaction Documents to which the Head Lessee is a party and any liabilities of the Head Lessee or any other member of the Group in respect of Other ECA Indebtedness. Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary. Home Country Aircraft means an aircraft which is leased to a Lessee incorporated in France, Germany or the United Kingdom. Home Country Notice has the meaning given to it in Clause 10.5.1. IDERA means an irrevocable de-registration and export request authorisation substantially in the form of Schedule 5. Illegality Event means an event or circumstance:
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Head Lease Event of Default. This term shall have the meaning set forth in the Head Lease. Head Lessee: UCO Compression LLC, a limited liability company organized under the laws of the State of Delaware, and its successors and permitted assigns.
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Related to Head Lease Event of Default

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

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

  • 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.

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

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

  • 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:

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

  • 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).

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

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

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

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

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

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

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

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

  • 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.

  • 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.

  • 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)).

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

  • 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.

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

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

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