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.
Sample 1Sample 2Sample 3
Lender Event of Default has the meaning ascribed to the term "Event of Default" in the Credit Agreement.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

Examples of Lender Event of Default in a sentence

  • Upon discovery by Holdings of any Holdings AML and International Trade Default, by the Borrower of the Borrower AML and International Trade Default or by any Lender, with respect to itself, of any Lender Event of Default (but, in each case, regardless of whether any notice has been given as provided in this Agreement or any cure period provided herein has expired), Holdings, the Borrower or any such Lender, as applicable, shall give prompt written notice thereof to the Calculation Agent.

  • Except as otherwise expressly provided in this Agreement, no remedy provided for by this Agreement shall be exclusive of any other remedy, and each and every remedy shall be cumulative and in addition to any other remedy, and no delay or omission to exercise any right or remedy shall impair any such right or remedy or shall be deemed to be a waiver of any Holdings AML and International Trade Default, Borrower AML and International Trade Default or Lender Event of Default.

  • Except as otherwise expressly provided in this Agreement, no remedy provided for by this Agreement shall be exclusive of any other remedy, and each and every remedy shall be cumulative and in addition to any other remedy, and no delay or omission to exercise any right or remedy shall impair any such right or remedy or shall be deemed to be a waiver of any Holdings AML Default, Borrower AML Default or Lender Event of Default.

  • Upon discovery by Holdings of any Holdings AML Default, by the Borrower of any Borrower AML Default and/or by any Lender, with respect to itself, of any Lender Event of Default (but, in each case, regardless of whether any notice has been given as provided in this Agreement or any cure period provided herein has expired), Holdings, the Borrower or any such Lender, as applicable, shall give prompt written notice thereof to the Servicer.

  • Xxxxx Lender agrees that it will give notice to Junior Lender substantially contemporaneous to the notice given to Debtor of a Xxxxx Lender Event of Default.

  • This inventory and condition status are included as Appendix 2 to this plan.

  • Neither the Lender Agent nor Required Lenders shall deliver a Receivables Termination Notice on any date during the continuance of any Lender Event of Default if on such date the total utilization of the Revolver Commitment under (and as defined in) the Loan Agreement is zero.

  • Before and after giving effect to any proposed Issuance of a Letter of Credit, no Specified Term Lender Event of Default shall have occurred and be continuing.

  • Notwithstanding the foregoing, in the event one Lender makes a Cash Advance payment on behalf of the other Lender as provided in Section 2.2.1(b)(iv), Seller shall not be entitled to call a Lender Event of Default on either Lender.

  • Upon the occurrence and during the continuance of either an Each Lender Event of Default or a Requisite Term Lender Event of Default, Requisite Term Lenders may send a notice to Agent of their intent to direct Agent to exercise enforcement rights and remedies against Borrower, the other Credit Parties and/or the Collateral (a “Requisite Term Lender Notice”).


More Definitions of Lender Event of Default

Lender Event of Default has the meaning ascribed to the term “Event of Default” in the Loan Agreement.
Sample 1
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.
Sample 1
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.
Sample 1
Lender Event of Default means any Event of Default, as defined in the ABL Credit Agreement or any ICA Document.
Sample 1

Related to Lender Event of Default

  • 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.

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

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

  • 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 the Senior Loan Documents.

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

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

  • 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 has the meaning specified in Section 8.01.

  • Mortgage Loan Event of Default means an “Event of Default” under and 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 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:

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

  • 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.

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