Notes Default definition

Notes Default means any “Event of Default,” as such term is defined in the Indenture, or any event of default under any other Notes Document.
Notes Default means an “Event of Default” as such term is defined in the Indenture.
Notes Default means an “Event of Default” as defined in the Indenture or any similar event or condition set forth in any other Indenture Pari Passu Lien Document which causes, or permits holders of the applicable Notes Pari Passu Lien Obligations outstanding thereunder to cause, the Notes Pari Passu Lien Obligations outstanding thereunder to become immediately due and payable.

Examples of Notes Default in a sentence

  • In such event, interest will continue to accrue at the Fixed Rate Notes Default Rate as specified in the relevant Pricing Supplement.

  • Result Points Possible Points Earned 50 10 0 0 Measure 1d Default Notes Default Meets Standard: School is not in default of financial obligations.

  • LevelWavesVCSVerilatorXSIMTargetOff4.8 kHz6.2 kHzN/ATargetOn0.8 kHz4.8 kHzN/AMIDASOff3.8 kHz2.0 kHzN/AMIDASOn2.9 kHz1.0 kHzN/AFPGAOn2.3 HzN/A0.56 Hz Notes: Default configurations of a single-core Rocket Chip instance running rv64ui-v-add.

  • The Borrower has informed the Administrative Agent of the existence of the Kanas Notes Default and now seeks a waiver by the Lenders of the Event of Default which exists as a result thereof under Section 8.01(h) of the Credit Agreement (the "Kanas Default").

  • Figure 2 $400 million of cashSenior NotesJunior Notes Default Payment and Pledge of Central Retained first-loss position(funded reserve or reduction in the payout) The first-loss position may be a small cash reserve, which may be equal to or greater than expected losses in the reference portfolio.

  • Notes: Default Judgment & Rule 46A Application- Order: Draft Order on case line 006-11-006-12 with reserve price to be amended to R450 000.00 is made an order of court- The order is to be served on the Respondent as per substituted service order prior to execution.

  • The Humedalia field station, an experimental chinampa itself, is located in the heart of the conservation area of the Xochimilco lake, in Mexico City (Figure 5.1), at an altitude of 2,243 masl, experiencing over 600-1000 mm of annual precipitation and a mean annual temperature of 16°C, with a rainy season running from late spring to early fall.

  • All amounts payable by Pledgor under this Section 11 shall be due upon immediate demand, shall bear interest from the date advanced to the date of repayment thereof at a rate of 2% in excess of the highest rate payable uncle the Notes ("Default Rate"), and shall be part of the Secured Obligations.

  • The Issuer’s Ability to Meet its Obligations under the Notes: Default by Borrowers GeneralThe ability of the Issuer to meet its obligations under the Notes will be dependent on the receipt by it of funds from the Borrowers and Taurus Swiss in respect of the Issuer Loans (and, in turn, on the receipt by Taurus Swiss of funds from the Borrowers under the Swiss Secured Whole Loans), payments under the Swap Agreements and drawings under the Liquidity Facility Agreement.

  • Under the terms of the Senior Loan Documents, a Bridge Notes Default constitutes a cross default or event of default under the Senior Loan Documents (the "Specified Default").


More Definitions of Notes Default

Notes Default means an “Event of Defaultor equivalent term under any Third Lien Notes Documents governing any obligations under the Third Lien Notes Documents.
Notes Default means an Event of Default as defined in the Notes Indenture.
Notes Default means an Event of Default under any Notes Indenture other than any such Event of Default arising solely by reason of a cross default (other than a cross default which is a payment default) to any Senior Finance Document.
Notes Default any Event of Default" (as defined in the Amended and Restated Note Purchase Agreement) under the Amended and Restated Note Purchase Agreement regardless of any waiver thereunder, or

Related to Notes Default

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

  • Loan Default means any event, condition or failure which, with notice or lapse of time or both, would become a Loan Event of Default.

  • Indenture Default means, with respect to any Indenture, any Event of Default (as such term is defined in such Indenture) thereunder.

  • cross-default obligation means a term of any agreement or arrangement whereby the Appointee's liability to pay or repay any debt or other sum arises or is increased or accelerated by reason of a default of any person other than the Appointee. 6.12 Without prejudice to the application of paragraph 6.2 the Appointee shall declare or pay dividends only in accordance with a dividend policy which has been approved by the Board of the Appointee and which complies with the following principles -

  • 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.

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

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

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

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

  • 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).

  • Senior Nonmonetary Default means the occurrence or existence and continuance of any event of default with respect to any Designated Senior Debt, other than a Senior Payment Default, permitting the holders of such Designated Senior Debt (or a trustee or agent on behalf of the holders thereof) to declare such Designated Senior Debt due and payable prior to the date on which it would otherwise become due and payable. In the event that, notwithstanding the foregoing, the Company shall make any Securities Payment to the Trustee or any Holder prohibited by the foregoing provisions of this Section, and if such fact shall, at or prior to the time of such Securities Payment, have been made known to the Trustee or, as the case may be, such Holder, then and in such event such Securities Payment shall be paid over and delivered forthwith to the Company. The provisions of this Section shall not apply to any Securities Payment with respect to which Section 1203 would be applicable.

  • Default Under First Lien With respect to each Second Lien Loan, the related First Lien Loan related thereto is in full force and effect, and there is no default, breach, violation or event which would permit acceleration existing under such first Mortgage or Mortgage Note, and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event which would permit acceleration thereunder;

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

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

  • Special Default means (i) the failure by Owner to pay any amount of principal of or interest on any Equipment Note when due or (ii) the occurrence of any Default or Event of Default referred to in Section 5.01(v), (vi) or (vii).

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

  • 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.

  • 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.

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

  • 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.

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

  • 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.

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

  • Guarantor Default means any condition or event that with the giving of notice or lapse of time or both would, unless cured or waived, become a Guarantor Event of Default.

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

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