Lender Event of Default definition

Lender Event of Default means, with respect to any Lender, any one of the following events: (a) any representation contained in Section 4.04 is or becomes false or misleading at any time or (b) such Lender fails to comply with the covenant contained in Section 11.19(d)(iii) at any time.
Lender Event of Default has the meaning ascribed to the term "Event of Default" in the Credit Agreement.
Lender Event of Default means the occurrence of an event of default or default (howsoever described) in terms of the Lender Financing Documents, a list of which, as agreed under the Lender Financing Documents, shall be set out in writing between the Investor and the Promoter.

Examples of Lender Event of Default in a sentence

  • Further, a Lender Event of Default shall cease to continue upon such Lender Event of Default being cured or waived in writing by the Lenders, in terms of the Lender Financing Documents, as applicable.

  • The most common method of creep testing is to apply a constant stress instantaneously and measure the strain over time while keeping the stress constant.

  • The Promoter shall not, at any time after receiving notification of the occurrence of a Lender Event of Default in accordance with Article 10.6(f) below, be entitled to exercise any rights under Article 10.5 (notwithstanding the occurrence of any Investor Event of Default prior to or after the occurrence of a Lender Event of Default) in respect of the Investor Pledged Securities (or any of them), save and except with the prior written consent of the Lenders.


More Definitions of Lender Event of Default

Lender Event of Default has the meaning ascribed to the termEvent of Default” in the Loan Agreement.
Lender Event of Default means the failure of Lender to make an Advance when due or otherwise fail to perform, comply with, or observe any agreement, covenant or obligation under Section 4.
Lender Event of Default means any Event of Default, as defined in the ABL Credit Agreement or any ICA Document.
Lender Event of Default means the failure of Lender to make an Advance if all of the conditions of Section 3(e) are met; provided, and only if, such failure continues for a period of 30 days after written notice from Borrower to Lender of such default.

Related to Lender Event of Default

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

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

  • Owner Event of Default has the meaning specified in Section 16.2.

  • 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).

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

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

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

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

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

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

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

  • 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.

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such 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):

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan 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)).

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

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

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • 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.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Master Servicer Event of Default wherever used herein, means any one of the following events:

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

  • Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.

  • 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.