Project Default definition

Project Default means any of the following:
Sample 1Sample 2Sample 3
Project Default has the meaning given to it in Condition 18.2; Project Termination Event means an event pursuant to which this Agreement is terminated in relation to a particular Named Project pursuant to Condition 18.6;
Sample 1Sample 2Sample 3
Project Default shall have the meaning provided in Section 6.1(n).
Sample 1Sample 2Sample 3

Examples of Project Default in a sentence

  • After issuance of the certificates of occupancy for the Project, Default may be declared under this subsection only if the failure of representation or warranty also has a material adverse effect on the operation of the Project.

  • Under each Relevant Deed, the State shall not be entitled to terminate that Deed if the Event of Default or Project Default upon which the State's entitlement to terminate is based arose as a direct and sole result of a breach by the State of a City Link Project Document or an ESEP Project Document.

  • Under each Relevant Deed, certain breaches of obligations and warranties might constitute a Project Default.


More Definitions of Project Default

Project Default has the meaning given to it in Condition 19.2; Project Termination Event means an event pursuant to which this Agreement is terminated in relation to a particular Named Project pursuant to Condition 19.6; Purchase Point means the date upon which a SO Dwelling is sold to its first purchaser or in relation to a LLR Dwelling a date which is not earlier than ten years after the point at which such LLR Dwelling first becomes available for letting; Quarter means the period between each Quarter Date; Quarter Date means 31 March, 30 June, 30 September or 31 December; RCGF means the Recycled Capital Grant Fund maintained by the Grant Recipient in accordance with the Recovery Determination; RCGF Funds means that amount of the Grant Recipient's RCGF which the parties have agreed will be applied towards the Development Costs; Recover has the meaning set out in the Recovery Determination; Recoverable Project Grant means the aggregate of the Named Project Grant paid to and the RCGF Funds used by the Grant Recipient in relation to a Named Project;
Sample 1Sample 2
Project Default shall have the meaning provided in Section 10.05.
Sample 1
Project Default means a Default or an Event of Default under any other Senior Secured Obligations.
Sample 1
Project Default means any event or condition which upon the giving of notice, the lapse of time or both would constitute a Project Event of Default.
Sample 1
Project Default means, individually and collectively, a Project Loan Default and a Guarantee Default.
Sample 1

Related to Project Default

  • Payment Default has the meaning set forth in Section 5.4(a) of the Indenture.

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

  • 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 Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • Potential Default means an event which but for the lapse of time or the giving of notice, or both, would constitute an Event of Default.

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

  • Financial Covenant Default has the meaning assigned to such term in Section 8.01(6).

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

  • 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.

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

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