Examples of Indenture Event of Default in a sentence
Such notice shall state that such Indenture Event of Default also constitutes an Event of Default hereunder.
A waiver of an Indenture Event of Default will constitute a waiver of the corresponding Event of Default hereunder.
Any event or condition which, with the lapse of time or the giving of notice, or both, would constitute an Indenture Event of Default.
If the Depositor does not join in such appointment within 15 days after the receipt by it of a request so to do, or in case an Indenture Event of Default has occurred and is continuing, the Property Trustee alone shall have power to make such appointment.
The Holder of the Common Securities will be entitled to receive Liquidation Distributions upon any such dissolution, winding-up or termination pro rata (determined as aforesaid) with Holders of Preferred Securities, except that, if an Indenture Event of Default has occurred and is continuing, the Preferred Securities shall have a priority over the Common Securities.