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).
Owner Event of Default shall have the meaning set forth in Section 18.3.
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.
Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.
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)).
Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.
Issuer Event of Default means the occurrence of any of the following events:
Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).
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.
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.
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.
Senior Event of Default means an Event of Default under the Senior Loan Documents.
Collateral Event of Default has the meaning set forth in Section 13.01(b).
Declaration Event of Default means an “Event of Default” as defined in the Declaration.
Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.
Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.
Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.
Payment Event of Default means an Event of Default specified in Section 7.1(a).
Servicer Event of Default One or more of the events described in Section 7.01.
Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.
Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;
Financial Covenant Event of Default has the meaning specified in Section 8.01(b).
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.
Debenture Event of Default means an "Event of Default" as defined in the Indenture.