Relevant Event of Default definition

Relevant Event of Default means an Event of Default which:
Relevant Event of Default means an event of default howsoever described in any Relevant Finance Document;
Relevant Event of Default has the meaning specified in Section 10.02.

Examples of Relevant Event of Default in a sentence

  • Only for notification purposes and without having to prove the relevant breach to any individual, Pledgee shall exercise all political rights that Pledgor would otherwise hold as legitimate owner of the pledged Shares in the Company as stated above, and shall cure such breach and/or terminate the act or omission giving rise to the Relevant Event of Default.

  • In order that Pledgee becomes empowered to exercise the political rights referred to above upon the potential occurrence of a Relevant Event of Default, Pledgee shall send a prior written notice to the Company through a Notary Public /hereinafter referred to as the “Notice”/ a copy of which shall also be sent to Pledgor.

  • Only for notification purposes and without having to prove the relevant breach to any individual, Pledgee shall exercise all political rights that Pledgor would otherwise hold as legitimate owner of the Pledged Shares in the Company as stated above, and shall cure such breach and/or terminate the act or omission giving rise to the Relevant Event of Default.

  • In order that Pledgee becomes empowered to exercise the political rights referred to above upon the potential occurrence of a Relevant Event of Default, Pledgee shall send a prior written notice to the Company through a Notary Public /hereinafter referred to as the “Notice”/ a copy of which shall be sent also to Pledgors.

  • Relevant Event of Default Relevant Event of Default means an event where the Borrower does not pay on any per Repayment Schedule.

  • One.- While no Relevant Event of Default /as defined below/ occurs under the Shareholders’ Agreement, Pledgor shall retain full exercise of the rights as legitimate holder of the pledged shares owned by Pledgor, including the exercise of the right to attend and participate in shareholders’ meetings with the right to a voice and vote thereat, the right to collect and receive any corporate capital dividends or abatements as well as to exercise any economic and political rights to which it may be entitled.

  • In order that Pledgee becomes empowered to exercise the political rights referred to above upon the potential occurrence of a Relevant Event of Default, Pledgee shall send a prior written notice to the Company through a Notary Public /hereinafter referred to as the “Notice”/ a copy of which shall be also sent to Pledgor.

  • With effect from the Signature Date, the Standstill Creditors hereby agree not to take any Enforcement Action direct or encourage any other person to take any Enforcement Action, or vote, or allow any proxy appointed by it to vote, in favour of any Enforcement Action under any Relevant Finance Document as a result of the occurrence of a Relevant Event of Default under any Relevant Finance Document during the Standstill Period.

  • One.- While no Relevant Event of Default / as defined below occurs/ under the Shareholders’ Agreement, Pledgor shall retain full exercise of the rights as legitimate holder of the pledged shares owned by Pledgor, including the exercise of the right to attend and participate in shareholders’ meetings with the right to a voice and vote thereat, the right to collect and receive any corporate capital dividends or abatements as well as to exercise any economic and political rights to which it may be entitled.

  • Relevant Event of Default has the meaning given to that term in clause 31.2A(a).


More Definitions of Relevant Event of Default

Relevant Event of Default means an Event of Default (as defined in the Bareboat Charter) under the Bareboat Charter which was caused in whole or in part by the act or omission of the Charterer.
Relevant Event of Default has the meaning specified in Section 9.02. -------------------------
Relevant Event of Default has the meaning specified in Section 6.02.

Related to Relevant Event of Default

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

  • PTC Event of Default Means any failure to pay within 10 Business Days of the due date thereof: (i) the outstanding Pool Balance on the Final Legal Distribution Date or (ii) interest due on the Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or Drawings (as defined in the Intercreditor Agreement), or a withdrawal or withdrawals pursuant to Section 3.6(f) of the Intercreditor Agreement, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee).

  • 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.

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

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

  • 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)).

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

  • 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.

  • 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:

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

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

  • 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:

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

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

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

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

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Unmatured Event of Default means any event that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, constitute an Event of Default.

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

  • Relevant Event means any of the following events or circumstances:

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

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

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

  • Servicer Event of Default One or more of the events described in Section 7.01.

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