Senior Note Event of Default definition

Senior Note Event of Default shall have the meaning attributed to the term "Event of Default" in the Senior Indenture.
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Senior Note Event of Default has the meaning assigned to such term in the Security Agreement.
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Senior Note Event of Default means an event of default occurring pursuant to the terms and conditions of any of the Company’s outstanding unsubordinated notes or bonds in the aggregate principal amount equal to or greater than US$50,000,000 which are for the time being, or are intended to be, quoted, listed, ordinarily dealt in or traded on any stock exchange or over-the-counter or other securities market.
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Examples of Senior Note Event of Default in a sentence

  • The Trustee shall not be bound to take action upon any Subordinated Note Event of Default or Senior Note Event of Default or as referred to in Condition 10 or in the preceding paragraph unless (i) it shall have been so requested in writing by Noteholders holding at least one-quarter of the principal amount of the Notes then outstanding or if so directed by an Extraordinary Resolution of the Noteholders and (ii) it shall have been indemnified and/or secured to its satisfaction by the Noteholders.

  • Euro Senior Note Event of Default means a default by the Issuer in the payment of any principal, premium or interest (including discount) due in respect of any Euro Senior Notes in accordance with the terms thereof.

  • Failure by the Issuer to pay all interest due and payable on any Second Senior EMTNs will constitute a Euro Senior Note Event of Default.

  • U.S. Senior Note Event of Default means a default by the Issuer in the payment of any principal, premium or interest (including discount) due in respect of any U.S. Senior Notes in accordance with the terms thereof.

  • If a Breach of Covenant or Senior Note Event of Default occurs, the Company may, subject to applicable laws, redeem the Securities (in whole but not in part) at any time at their Principal Amount plus any interest accrued up to (but excluding) the relevant Redemption Date and any outstanding Deferred Interest Payments, on the giving of not less than 30 and not more than 60 calendar days’ irrevocable notice of redemption to the Holders and the Agents.

  • Senior Note Event of Default Upon the occurrence of any of the events set out in Condition 10.1 (Class A Notes), the Note Trustee at its absolute discretion may, or if so directed in writing by the holders of not less than 25 per cent.

  • Senior Note Event of Default means a Euro Senior Note or a U.S. Senior Note Event of Default.

  • Failure to pay interest on the Class A Notes and the Class B Notes within any applicable grace period in accordance with the relevant Conditions shall constitute a Senior Note Event of Default under the applicable Class of Notes which may result in the Note Trustee serving a Note Acceleration Notice on the Issuer and directing the Security Trustee to enforce the Security.

  • In this event, failure to pay interest on the Class C Notes within any applicable grace period in accordance with the relevant Conditions shall constitute a Senior Note Event of Default under the Class C Notes which may result in the Note Trustee serving a Note Acceleration Notice on the Issuer and directing the Security Trustee to enforce the Security.

  • Event of Default means any of a Capital Note Event of Default, a Senior Note Event of Default, a Liquidity Event of Default, a Repo Event of Default, a Securities Lending Event of Default or an event of default under an ISDA Master Agreement, as the case may be and, where applicable, with respect to the Issuer only.


More Definitions of Senior Note Event of Default

Senior Note Event of Default defined in the Security Agreement.
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Senior Note Event of Default means any "Event of Default", as defined in the Senior Note Purchase Agreement.
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Related to Senior Note Event of Default

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

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • 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).

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

  • 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.

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

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • 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)).

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

  • 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):

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

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

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

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such 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):

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

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

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

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

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

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.

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

  • Indenture Default means any condition, circumstance, act or event that, with the giving of notice, the lapse of time or both, would constitute an Indenture Event of Default.

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of 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.

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

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;