Master Lease Event of Default definition

Master Lease Event of Default means an “Event of Default” as such term is defined in the applicable Master Lease Agreement.
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Master Lease Event of Default means any default beyond applicable grace ----------------------------- periods under the Master Lease.
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Master Lease Event of Default. As defined in Section 16.1.1.
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Examples of Master Lease Event of Default in a sentence

  • Provided there is not an existing and continuing Master Lease Event of Default under this Lease as of the date of delivery of the Renewal Notice or on the first day of the Renewal Term, and subject to the terms of Exhibit H, Tenant shall have the option to extend this Lease for 2 renewal terms (each, a “Renewal Term" and collectively, the “Renewal Terms”) of 10 years each, commencing upon the expiration of the Initial Term or the then applicable Renewal Term, upon the terms and conditions of this Lease.

  • This Section 2.3 shall apply solely for the purposes of determining whether Landlord will make Requested Landlord UE Funds available for the Subject Projects and shall not give rise to, or result in, any default, Master Lease Event of Default, or Facility Default.

  • These are features that distinguish the euro-area debt market from its US and Japanese counterparts.

  • Borrower shall: pay to Lender upon demand  after an Event of Default has occurred and is continuing, all Master Lease Basic Rent, and  after a Master Lease Event of Default, all Rent.

  • All costs and expenses incurred by Lessor under this Section shall be paid by Lessor; provided, however, that following the occurrence and during the continuance of any Master Lease Event of Default or, with respect to the applicable Facility, any Facility Default, Lessee shall pay all such costs and expenses on demand by Lessor as Additional Charges hereunder.

  • Master Lease Event of Default then exists, Lender shall cause the Central Account Bank to disburse any accrued interest in the Impositions and Insurance Reserve Sub-Account to Borrower promptly after the end of each calendar quarter.

  • Notwithstanding anything contained in this Lease which may be construed to the contrary, to the extent that (a) a Facility Default with respect to any Facility has occurred and is continuing and (b) no Master Lease Event of Default has otherwise occurred and is continuing, Lessor’s remedies under this Lease or at law or in equity shall be limited, and may apply solely, to the Facility or Facilities that is the subject of such Facility Default.

  • The foregoing shall in no event limit or impair Lessor from thereafter exercising any remedy under this Lease or at law or in equity upon the occurrence and during the continuance of a Master Lease Event of Default or otherwise limit Lessor’s ability to maintain an action against Lessee, on a joint and several basis, for damages or specific performance with respect to any Master Lease Event of Default.

  • If a Facility Event of Default shall have occurred with respect to any Facility, Lessor may terminate this Lease with respect to such Facility and if a Master Lease Event of Default shall have occurred, Lessor may terminate this Lease with respect any or all of the Facilities.

  • All material misrepresentations relating to environmental matters in any documents or materials furnished by Lessee to Lessor and/or its representatives in connection with this Master Lease; Event of Default.

Related to Master Lease Event of Default

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

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

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance 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.

  • Event of Default has the meaning specified in Section 8.01.

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

  • 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).

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

  • 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:

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

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

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

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

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

  • 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.

  • 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.

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

  • 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.

  • 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)).

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

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

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

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

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

  • 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.