Remedy Event definition

Remedy Event has the meaning set forth in Section 4.2.

Remedy Event has the meaning given to that term in Section 8.1.

Remedy Event is defined in section 7 of the Certificate of ------------ Designation.

Examples of Remedy Event in a sentence

• Landlord and Tenant hereby agree that the damages available to Landlord as a result of a Limited Remedy Event of Default shall be strictly limited to the LRED Damages and that nothing contained herein or in any other transaction document executed concurrently herewith shall entitle Landlord to additional reimbursement or monetary damages with respect to any such Limited Remedy Event of Default.

• In the event that the Requisite Purchasers deliver an Appointment Notice that does not result in a Company Sale, and the Remedy Event that gave rise to such Appointment Event has not been cured within twelve months from the date of the original Appointment Notice, the Requisite Purchasers may deliver additional Appointment Notice(s) any time following twelve months after delivery of any prior Appointment Notice.

• Until the Custodian receives written notice from the Pledgee that a Remedy Event has occurred and is continuing, the Custodian shall follow the written instructions of the Borrower (or the Collateral Manager acting on its behalf) with respect to the Custodial Property.

• No failure or delay on the part of the Buyer in exercising any right, power or privilege shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude other or further exercise thereof or the exercise of any other right, power or privilege or be construed to be a waiver of any Remedy Event.

• Notwithstanding any other application specified herein, during the existence of an Remedy Event, any Collateral received by Secured Party from the sale of, collection of, or other realization upon any Collateral or any other amounts received or collected by Secured Party from or on account of the Collateral hereunder may be, at the discretion of Secured Party from time to time, (a) held by Secured Party as collateral for the Secured Obligations or (b) applied to the Secured Obligations.

More Definitions of Remedy Event

Remedy Event means the occurrence of any Event of Default or Termination Event with respect to Company under the ISDA Master Agreement.

Remedy Event has the meaning given in the Discontinuation Agreement;

Remedy Event means a Compliance Remedy Event or a Payment Remedy Event.

Remedy Event has the meaning given to it in the Discontinuation Agreement; "Reminder Notice (Election)" has the meaning given to it in clause 4.4(a); "Reminder Notice (Payment)" has the meaning given to it in clause 5.6(a); "Request for Information" has the meaning given to it in clause 14.6;

Remedy Event means any Termination Event or Potential Termination Event described in Section 8.1 of this Agreement.

Remedy Event. Any of the following: (a) any Obligations shall not have been paid after the same shall have become due and (other than in the case of a payment obligation under Section 2(k) of the Credit Agreement) such payment failure continues for four Business Days, (b) the occurrence of the Termination Date (as defined in the Credit Agreement) by reason of the occurrence of an event specified in any of clauses (a), (c), (e), (f), (g), (h), (i) and (j) of the definition of “Termination Date”, (c) any Pledgor shall fail to perform any of its material obligations under, or shall breach any material provision of, this Agreement (or, in the case of the Borrower, the Credit Agreement) and (in the case of any failure or breach that, either individually or in the aggregate with all other such failures or breaches, has not had and could not have an Adverse Security Effect) such failure or breach continues for 15 days after notice to such Pledgor, (d) any representation or warranty made by any Pledgor in or pursuant to this Agreement (or, in the case of the Borrower, the Credit Agreement), or in any certificate or other document furnished pursuant to this Agreement (or, in the case of the Borrower, the Credit Agreement), shall prove to have been incorrect in any material respect when made or (e) an Insolvency Event occurs with respect to any Pledgor. For the avoidance of doubt, any obligation or provision of this Agreement or the Credit Agreement, and any failure of a representation or warranty to be correct, shall be deemed to be “material” if a breach or failure thereof, either individually or in the aggregate with all other such failures or breaches, has had or could have an Adverse Security Effect.

Remedy Event has the meaning given to it in schedule 2 (Remedy Event, Failure Event and Remediation Plan);