Loan Event of Default definition

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

Examples of Loan Event of Default in a sentence

  • However, the nature of the private 85 Under section 213(f) of the Companies Act, 1963.company creates several difficulties for the joint venture participant seeking to terminate his membership.

  • Borrower shall promptly advise Lender of any material Default or Event of Default of which Borrower has knowledge, including any Mortgage Loan Default, Senior Mezzanine Loan Default, Senior Mezzanine Loan Event of Default or Mortgage Loan Event of Default.

  • Borrower shall reimburse Lender on demand for any and all costs incurred by Lender in connection with curing any such Mortgage Loan Default, Senior Mezzanine Loan Default, Mortgage Loan Event of Default or Senior Mezzanine Loan Event of Default or satisfying any Liens, claims or judgments against any of the Properties or the Senior Mezzanine Collateral.

  • In the absence of receipt of such notice and such actual knowledge otherwise obtained, the Trustee and the Certificate Administrator may conclusively assume that there is no Loan Event of Default, Servicer Termination Event or Special Servicer Termination Event.

  • If the Borrower Related Parties do not make the necessary payments and/or a Mortgage Loan Event of Default has occurred and amounts in the applicable Reserve Account are insufficient to make such payments, the Servicer shall make a Property Protection Advance, subject to the determination of non-recoverability provided in Section 3.23, from its own funds for amounts payable with respect to all such items related to the Property when and as the same shall become due and payable.


More Definitions of Loan Event of Default

Loan Event of Default means any of the events specified as such in clause 8 (Eventi Rilevanti - Decadenza dal Beneficio del Termine) of the Subordinated Loan Agreement.
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.
Loan Event of Default shall have the meaning specified in Section 4.2 of the Loan Agreement.
Loan Event of Default means for any Purchased Loan, an “Event of Default” as defined in the Loan Documents for such Purchased Loan (or such other term as is used in such documents to describe events the occurrence of which gives the lender the right to accelerate (or causes the automatic acceleration of) such Purchased Loan); provided, however, that no default under the Loan Documents for any Purchased Loan shall become a Loan Event of Default hereunder unless such default is not cured within any applicable grace and cure periods (if any) under the applicable Loan Documents or is waived by applicable Seller, as lender thereunder, with Buyer’s written consent.
Loan Event of Default has the meaning set forth in section 5.10 of the Participation Agreement.
Loan Event of Default means an “Event of Default” (or similar term) as such term is defined in any ABL Loan Document or Term Loan Document, as the case may be.
Loan Event of Default means any event, condition or failure designated as a --------------------- "Loan Event of Default" in Section 6.1 of the Loan Agreement. -----------