Lakes Event of Default definition

Lakes Event of Default is defined in Section 8.1.
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Lakes Event of Default is defined in Section 10.1.
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Lakes Event of Default has the meaning described in ss. 12.
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Examples of Lakes Event of Default in a sentence

  • The discontinuance or correction of a Lakes Event of Default shall constitute a cure thereof.

  • The Band shall be entitled to terminate the Agreements (i) upon a Lakes Event of Default or (ii) as specifically provided in the Agreements.

  • After a Lakes Event of Default, income shall be payable to the Band to the extent needed to fund damages payable to the Band.

  • This Agreement may be terminated upon notice by Pawnee to Lakes if an uncured Lakes Event of Default exists under Section 10.1 and all applicable grace and cure periods have expired.

  • Firstar shall be entitled to reasonable compensation acceptable to the Band and Great Lakes and to reimbursement of expenses, all of which shall be payable from the Account prior to a Lakes Event of Default and, after such an Event of Default, by Great Lakes.

  • The Band shall not be obligated to perform its obligations under or pursuant to this Agreement if a Lakes Event of Default, as defined below, has occurred or if any of the representations and warranties made by Lakes or Great Lakes in this Agreement were not true when made or would not be true if made on the date such performance would otherwise be due.

  • Each party agrees that there may be irreparable harm to the other party and that damages may be difficult to determine in the event of a Lakes Event of Default or a Tribal Event of Default, and that an injunction or other equitable relief may be appropriate.

  • If any Lakes Event of Default occurs, the Band may, upon written notice to Lakes, exercise the rights and remedies available to the Band provided in this Agreement.

  • The Band shall not be obligated to perform its obligations under or pursuant to this Agreement if a Lakes Event of Default, as defined below, has occurred or if any of the representations and warranties made by Lakes in this Agreement were not true when made or would not be true if made on the date such performance would otherwise be due.

  • Income from the Account shall be payable to Lakes prior to a Lakes Event of Default.


More Definitions of Lakes Event of Default

Lakes Event of Default shall have meaning set forth in Section 6.6(b) of this Agreement.
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Lakes Event of Default has the meaning described in Section 12.2.
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Related to Lakes Event of Default

  • PTC Event of Default Means any failure to pay within 10 Business Days of the due date thereof: (i) the outstanding Pool Balance on the Final Legal Distribution Date or (ii) interest due on the Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or Drawings (as defined in the Intercreditor Agreement), or a withdrawal or withdrawals pursuant to Section 3.6(f) of the Intercreditor Agreement, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee).

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

  • 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 a Senior Financing Agreement.

  • 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 that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, constitute an Event of Default.

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

  • 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.