Other Default Notice definition

Other Default Notice has the meaning set forth in Section 7.1.
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Other Default Notice has the meaning given in clause 7.2(a). Peak Period a period of time starting at 0800 hours and ending at 2200 hours on a Business Day. Permit any unit, certificate, licence, authorisation or other permit (however named and however acquired) that is capable of being acquired, held, transferred, surrendered or acquitted to the satisfaction of an obligation or liability (or potential liability) under the GHG Scheme. Regulations the Electricity Corporations (Electricity Generation and Retail Corporation) Regulations 2013 (WA). Related Body Corporate has the meaning given to the term "related body corporate" under the Corporations Law. Security has the meaning given in clause 8.1 and includes any additional security required by the Holding Party under clause 8.5. Seller in respect of a Transaction, either Synergy or the Trader acting in its capacity as the seller of electricity under a Standard Product for that Transaction. Seller's Facilities the Trader's Facilities or Synergy's Facilities, as the context requires. South West Interconnected System or SWIS has the meaning given in the Electricity Industry Xxx 0000 (WA). SP Arrangements the Electricity (Standard Products) Wholesale Arrangements 2014 (WA) established under section 38(1) of the Electricity Corporations Xxx 0000 (WA). SP Price in relation to a Standard Product, the price or prices (in $ per MWh) of electricity which, for a particular Transaction, shall be determined in accordance with clause 4.2(a) of Schedule 3 and specified in the Confirmation for such Transaction and as may be adjusted from time to time in accordance with clause 7 of Schedule 3. SP Transaction Counter- Offer means a counter-offer made by Synergy in response to a SP Transaction Offer. SP Transaction Offer means an offer made by the Trader to Synergy to enter into one or more Transactions in Standard Products. Specified Plant for the purposes of clause 10.1(c)(2) means the following Registered Facilities (as described in the list of Registered Facilities maintained and published by the AEMO): (a) SWCJV_WORSLEY_COGEN_COG1; (b) MUJA_G5; (c) MUJA_G6; (d)
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Other Default Notice has the meaning set forth in Section 3.2 hereof.
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Examples of Other Default Notice in a sentence

  • If a Party commits an Other Default, the non-defaulting Party may provide written notice to the defaulting Party specifying such Other Default in reasonable detail (an "Other Default Notice").

  • An Other Default Notice, once delivered, shall remain in effect unless and until it is cancelled as provided in Section 3.4 hereof.

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  • Notwithstanding the foregoing, if the defaulting Party provides the non-defaulting Party with written notice disputing the existence of an Other Default within thirty (30) days of the delivery of the Other Default Notice, the Parties will attempt in good faith to resolve such dispute and determine the appropriate remedial action pursuant to the Breach Resolution Process.

  • Upon receipt of an Other Default Notice, the Collateral Trustee shall (or at such later time as shall be the first time when such action is permitted to be taken pursuant to the Intercreditor Agreement or the Class 4 Documents, as applicable) promptly commence such action as is requested by the Committee in the Other Default Notice.

  • The Committee, in its absolute discretion, shall be entitled to cancel an Other Default Notice, by delivering a written notice of cancellation thereof to the Collateral Trustee before the Collateral Trustee takes any irrevocable action to exercise any remedy in respect of the Collateral.


More Definitions of Other Default Notice

Other Default Notice shall have the meaning set forth in Section 11.5.
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Related to Other Default Notice

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

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

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

  • 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.

  • 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)).

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;

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

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

  • Additional Default means any provision contained in any document or instrument creating or evidencing Indebtedness of the Borrower or any of its Subsidiaries which permits the holder or holders of such Indebtedness to accelerate (with the passage of time or giving of notice or both) the maturity thereof or otherwise requires the Borrower or any of its Subsidiaries to purchase such Indebtedness prior to the stated maturity thereof and which either (i) is similar to any Default or Event of Default contained in Article VIII of this Agreement, or related definitions in Section 1.1 of this Agreement, but contains one or more percentages, amounts or formulas that is more restrictive or has a xxxxxxx xxxxx period than those set forth herein or is more beneficial to the holder or holders of such other Indebtedness (and such provision shall be deemed an Additional Default only to the extent that it is more restrictive or more beneficial) or (ii) is different from the subject matter of any Default or Event of Default contained in Article VIII of this Agreement, or related definitions in Section 1.1 of this Agreement.

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

  • 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.

  • 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.

  • 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).

  • 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:

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

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • Forbearance Default means any of: (A) the occurrence of any Default or Event of Default other than the Specified Defaults, (B) the failure of Borrower or any other Designated Company to timely and strictly comply with any term, condition, covenant, agreement or other obligation set forth in this Agreement, (C) the failure of any representation or warranty made by Borrower or any other Designated Company under or in connection with this Agreement to be true and complete in all material respects as of the date when made or any other material breach of any such representation or warranty, (D) the taking of any action by Borrower or any other Designated Company to in any way repudiate or assert a defense to any Obligation under the Credit Agreement, this Agreement or any of the other Loan Documents or the assertion of any claim or cause of action against Administrative Agent, Co-Administrative Agent or any Lender relating in any way thereto, (E) the date on which Administrative Agent, in its sole discretion or at the direction of the Required Lenders, delivers to Borrower a written notice terminating the Forbearance Period, which notice may be delivered at any time upon or after the delivery of any Proposed Vendor Payment Schedule Rejection Notice (as defined below) by the Administrative Agent in accordance with Section 3(c)(ii) hereof, or (F) Borrower fails to receive Inventory purchased with a CIA Payment (as defined below) within six (6) Business Days of the making of such CIA Payment. The occurrence of any Forbearance Default shall constitute an immediate Event of Default under the Credit Agreement and other Loan Documents. Upon the termination or expiration of the Forbearance Period, the agreement of Administrative Agent, Co-Administrative Agent and each Lender hereunder to forbear from exercising its default-related rights and remedies shall immediately terminate without the requirement of any demand, presentment, protest, or notice of any kind, all of which Borrower and each other Designated Company hereby waives. Borrower and each other Designated Company further agrees that any of Administrative Agent (upon direction of the Required Lenders to the extent provided in the Credit Agreement) and each Lender may at any time after the expiration or termination of the Forbearance Period proceed to exercise any and all of its rights and remedies under any or all of the Credit Agreement, any other Loan Document and/or applicable law, all of which rights and remedies are hereby fully reserved by Administrative Agent and each Lender. Any agreement by Administrative Agent and the Lenders to extend the Forbearance Period, if any, must be set forth in writing and signed by Administrative Agent and the Lenders. Borrower and each other Designated Company acknowledges that none of Administrative Agent or any Lender has made any assurances concerning any possibility of any extension of the Forbearance Period. Borrower and each other Designated Company acknowledges and agrees that any Loan or other financial accommodation which Administrative Agent, Co-Administrative Agent or any Lender makes to or for the benefit of Borrower or any other Designated Company on or after the Forbearance Effective Date has been made by such party in reliance upon, and is consideration for, among other things, the general releases and indemnities contained in Section 5 hereof and the other covenants, agreements, representations and warranties of Borrower and each other Designated Company hereunder.

  • 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.

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

  • Customer Default has the meaning set out in clause 8.3.

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

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

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

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

  • Minor Default means any Event of Default that is not a Major Default.

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