Second Lien Payment Stop Notice definition

Second Lien Payment Stop Notice has the meaning given to that term in Clause 8.4 (Second Lien Payment Default and Issue of Second Lien Payment Stop Notice).
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Second Lien Payment Stop Notice has the meaning given to such term in paragraph (a) of Clause 7.3 (Issue of Second Lien Payment Stop Notice)
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Examples of Second Lien Payment Stop Notice in a sentence

  • No more than one Second Lien Payment Stop Notice may be served (x) with respect to the same event or set of circumstances or (y) in any period of 360 days.

  • Second Lien Liabilities) to 5.4 (Effect of Second Lien Payment Stop Notice or Senior Payment Default) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Related to Second Lien Payment Stop Notice

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.