Maturity Default definition

Maturity Default. RATE" shall be the greater of (a) the Interest Rate plus 2% per annum or (b) the Treasury Rate plus 2.80% per annum.
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Maturity Default means, with respect to any loan, the failure of the Company to pay, upon the maturity of such loan, all amounts due and payable thereunder.
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Maturity Default. A Fee Owner Event of Default under the Underlying Mortgage Loan caused solely by Fee Owner’s failure to pay all sums under the Underlying Mortgage Loan Documents which are payable on the stated “Maturity Date” thereunder which, for the purposes of clarification, shall include a Maturity Date established by declaration of acceleration.
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Examples of Maturity Default in a sentence

  • Maturity Default Risk (i.e. principal repayment).Carefully analysing each investment’s structural cash flow waterfall, the durability of cash flows, and refinance prospects of underlying collateral assists in providing commercial mortgage investors with minimal delinquencies, dependable, stable cash yields, and negligible principal losses throughout various economic and market cycles.

  • In the event of a 36 Month Maturity Default, then the parties will attend a one-day mediation before Judge Marvin Isgur (or if he is unavailable, then before another bankruptcy judge then sitting in the United States Bankruptcy Court for the Southern District of Texas).

  • French (1993)Common Risk Factors in The Returns on Stocks and BondsFirm Size, Book-to- Market Value, Maturity, Default Risks.Time-Series Regression ApproachStock returns have shared variation due to the stock- market factors, and they are linked to bond returns through shared variation in the bond- market factors.Generally, the bond-market factors capture the common variation in bond returns.

  • Unsecured Borrower failed to pay the outstanding balance on the Unsecured Loan on or before January 31, 2020 (the “Unsecured Maturity Default” and together with the Senior Maturity Default and the Mezz Maturity Default, the “Maturity Defaults”) and a failure to pay the outstanding balance on the Unsecured Loan on or before January 31, 2020 is listed as an Event of Default under the Unsecured Loan Documents pursuant to Section 8.1(a)(i) of the Unsecured Loan Agreement.

  • The Maturity Default occurred on November 30, 2020 and Tonnelle has been in default since at least such date.

  • Therefore, Yield to Maturity Default = Rate (5 * 12, 3.50, -888.500, 600) * 12 = -0.18% * 12 = - 2.11 %.Expected Yield to Maturity = (70 % * 9.83 %) + (30 % * - 2.11 %) = 6.25 %.

  • Note: This value does not affect credit bureau reporting [DLQ_CATEGORY_METHOD_CD] (required).Post Maturity Default Rate Select to indicate that the post maturity default rate isassociated with this contract (required).

  • On May 10, 2016, the Debtors filed a motion seeking emergent relief from the Final Alternative DIP Order and authority to continue using cash collateral notwithstanding the Stellus Maturity Default (the “Rule 60(b) Motion”) [Docket No. 565].

  • Depositary receipts Bonds with warrants Preferred stocks Convertible bonds DERIVATIVE SECURITIES Hybrid securities Credit derivativesCredit-default swaps (CDS)Recovery default swaps (RDS)Total return swaps (TRS)Credit spread swaps (CSS)Basket default swaps (BDS)Constant Maturity Default Swaps (CMDS)Discrete default swaps (DDS)Credit options-futures;-forwards;-options;-swaps;- combinations of the above derivatives.

  • To this end, while a plaintiff such as Meridian has a right to nonsuit or remove a claim before resting its case- in-chief, such a decision “shall not prejudice the right of an adverse party to be heard on a pending claim for affirmative relief.” CTL/Thompson Tex., LLC v.


More Definitions of Maturity Default

Maturity Default means, with respect to the Senior Loan and each Junior Loan, an Event of Default (as defined therein) under such Senior Loan or Junior Loan, as applicable, resulting from the occurrence of the Maturity Date thereunder without such Senior Loan or Junior Loan, as applicable, being repaid in full in cash by the applicable Borrower or Junior Borrower.
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Maturity Default has the meaning given in Recital H.
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Maturity Default shall have the meaning set forth in Section 6(a) of this Determination of Preferred Stock.
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Related to Maturity Default

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

  • Bankruptcy Default has the meaning assigned to such term in Section 6.01.

  • Authority Default shall have the meaning set forth in Clause 23.2;

  • Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Loan Default means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.

  • Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.

  • Lender Default means (a) the refusal or failure (which has not been cured) of a Lender to make available its portion of any Borrowing or to fund its portion of any Unpaid Drawing under Section 3.4 that it is required to make hereunder, (b) a Lender having notified the Administrative Agent and/or the Borrower that it does not intend to comply with its funding obligations under this Agreement or has made a public statement to that effect with respect to its funding obligations under this Agreement, (c) a Lender has failed to confirm (within one Business Day after a request for such confirmation is received by such Lender) in a manner reasonably satisfactory to the Administrative Agent, the Borrower and, in the case of a Revolving Credit Lender, each Revolving Letter of Credit Issuer that it will comply with its funding obligations under this Agreement, (d) a Lender being deemed insolvent or becoming the subject of a bankruptcy or insolvency proceeding or has admitted in writing that it is insolvent; provided that a Lender Default shall not be deemed to have occurred solely by virtue of the ownership or acquisition of any Stock in the applicable Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide the applicable Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit the applicable Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with the applicable Lender, or (e) a Lender that has, or has a direct or indirect parent company that has, become the subject of a Bail-In Action.

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

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Monetary Default shall have the meaning assigned to such term in Section 11(a).

  • Senior Default means any Senior Payment Default or Senior Covenant Default.

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

  • Financing Default means an event which would constitute (or with notice or lapse of time or both would constitute) an event of default (which event of default has not been cured) under or would otherwise violate or breach (i) any financing arrangement of the Company or any of its Subsidiaries in effect as of the time of the aforementioned event, and any extensions, renewals, refinancings or refundings thereof in whole or in part; and (ii) any provision of the Company's or any of its Subsidiary's constitutional documents.

  • Forbearance Default means: (A) the failure of the Company to provide the Noteholder Group and its financial advisors with reasonable access, as determined by the Noteholder Group in its reasonable discretion, to its Chief Executive Officer, other senior executives and outside advisors, including representatives of Xxxxx Xxxxx Xxxxxx that are working with the Company, and to provide the Noteholder Group and its legal and financial advisors with any and all due diligence information they may reasonably request, including, without limitation, the Company’s current 13-week cash flow schedule, and all updates thereto as soon as reasonably practicable after they are prepared, but in no event no later than two (2) business days thereafter; (B) the failure of the Company to engage in good faith negotiations with the Noteholder Group regarding a potential restructuring transaction, which determination shall be made by the Noteholder Group in its reasonable discretion; (C) the failure of the Company to promptly notify the Noteholder Group of the occurrence of a Forbearance Default (as defined in the DDJ Third Amended Forbearance Agreement) under the DDJ Third Amended Forbearance Agreement or any amendment or modification to the DDJ Third Amended Forbearance Agreement; (D) termination of the DDJ Third Amended Forbearance Agreement; (E) the execution of any amendment or modification to the DDJ Third Amended Forbearance Agreement, which amendment or modification has a material adverse effect on the Noteholder Group as determined by the Noteholder Group in its reasonable discretion; (F) termination by the Company of the Xxxxxx Engagement Letter or the failure of the Company to pay Xxxxxx’x fees, expenses and indemnity in accordance with the terms of the Xxxxxx Engagement Letter; (G) the occurrence of any Event of Default that is not a Specified Existing Default; (H) the failure of the Company to comply with any term, condition, covenant or agreement set forth in this Third Amended Forbearance Agreement; (I) the failure of any representation or warranty made by the Company under this Third Amended Forbearance Agreement to be true and correct in all material respects as of the date when made; (J) the commencement by or against the Company or any of the Subsidiaries of a case under title 11 of the United States Code; or (K) the commencement of any action or proceeding by any creditor of the Company or any of the Subsidiaries seeking to attach or take similar action against the assets of the Company or the Subsidiaries. Any Forbearance Default shall constitute an immediate Event of Default under the Indenture.

  • Indenture Default means any condition, circumstance, act or event that, with the giving of notice, the lapse of time or both, would constitute an Indenture Event of Default.

  • 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.

  • 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):

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

  • Non-Monetary Default shall have the meaning assigned to such term in Section 11(d).

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

  • Funding Default as defined in Section 2.21.

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