Project Event of Default definition

Project Event of Default has the meaning given in Section 7.2 of the Common Agreement.
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Project Event of Default means, individually and collectively, a Project Loan Event of Default and a Guarantee Event of Default.
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Project Event of Default has the meaning set forth in Article IV of the Project Company Guarantee.
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Examples of Project Event of Default in a sentence

  • If Administrative Agent receives such a notice of the occurrence of a NEG Trigger Event, Borrower Inchoate Default, Borrower Event of Default, Project Event of Default or Project Inchoate Default, Administrative Agent shall give notice thereof to the Banks, the Lender Group Agents on behalf of their respective Lender Groups, Borrower and, with respect to a Borrower Event of Default, Xxxxxx County Industrial Development Agency (at the address therefor provided to Administrative Agent by Borrower).

  • Such conditions precedent are not waived with respect to any other Project Inchoate Default, Project Event of Default, Borrower Inchoate Default or Borrower Event of Default now or hereafter arising.

  • Such requirement is not waived with respect to any other Project Event of Default or Project Fundamental Inchoate Default now or hereafter arising.

  • With respect to the crediting of Excess Cash Flow Contributions, no Project Event of Default or Project Inchoate Default with respect to an Approved Project shall have occurred and be continuing or shall result from such application.

  • Such requirement is not waived with respect to any other Borrower Event of Default or Disbursement Project Event of Default.

  • Notwithstanding anything contained in this Agreement or any other Credit Document to the contrary, a default under any of the Building Loan Documents shall not be deemed to be a Borrower Event of Default, Borrower Inchoate Default, Project Event of Default or Project Inchoate Default.

  • Such condition precedent is not waived with respect to any other Project Inchoate Default, Project Event of Default, Borrower Inchoate Default or Borrower Event of Default now or hereafter arising.

  • If a Lender Group Agent receives such a notice of the occurrence of a NEG Trigger Event, Borrower Inchoate Default, Borrower Event of Default, Project Event of Default or Project Inchoate Default, such Lender Group Agent shall give notice thereof to the Lender Group Members of its respective Lender Group, Administrative Agent and Borrower (except to the extent such Person sent notice of such occurrence to such Lender Group Agent.

  • No (a) Borrower Event of Default or Borrower Inchoate Default or (b) Project Event of Default or Project Inchoate Default with respect to the Subject Intermediate Holding Companies, Subject Project Company or Subject Project shall have occurred and be continuing or shall result from such Credit Event.

  • Solely with respect to the PGET Defaults and the Millennium Completion Default, the Majority Banks waive the requirement (pursuant to the second sentence of Section 5.15.1 of each Project Company Guaranty) that each Project Company may enter into Permitted Change Orders (as defined in each applicable Project Company Guaranty) only so long as no Project Event of Default or Project Fundamental Inchoate Default has occurred and is continuing.


More Definitions of Project Event of Default

Project Event of Default means a Project Event of Default as set forth in Section 20 (Project Events of Default and Remedies).
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Related to Project Event of Default

  • Owner Event of Default has the meaning specified in Section 16.2.

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

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

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

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

  • 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.

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

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

  • 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)).

  • 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):

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

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

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

  • Servicer Event of Default wherever used herein, means any one of the following events: