Senior Notes Event of Default definition

Senior Notes Event of Default shall have the meaning ascribed to the term "Event of Default" in the Senior Notes Terms and Conditions.
Senior Notes Event of Default means either an OFC Senior Notes Event of Default or an OrCal Senior Notes Event of Default.
Senior Notes Event of Default means, with respect to any Senior Notes Mortgage, any breach, default or event of default under such Senior Notes Mortgage, or under any agreement or instrument secured thereby or evidencing any indebtedness secured thereby, that authorizes any party to or beneficiary of such Senior Notes Mortgage to begin foreclosure proceedings under such Senior Notes Mortgage or to accelerate the maturity of any indebtedness secured by such Senior Notes Mortgage.

Examples of Senior Notes Event of Default in a sentence

  • Without limitation of the foregoing, no Senior Notes Event of Default exists.

  • No Senior Notes Event of Default exists with respect to any Senior Notes Mortgage.


More Definitions of Senior Notes Event of Default

Senior Notes Event of Default means an event of default under the Senior Notes.
Senior Notes Event of Default means an Event of Default under Section 7.1(b)(1) of the Credit Agreement on account of the Missed Senior Notes Payment; provided, further, that the defined termExisting Default”, as used herein and in the Forbearance Agreement shall mean, collectively, (i) the Default under the Credit Agreement engendered by the Missed Payment; (ii) the Senior Subordinated Default; (iii) the Senior Subordinated Event of Default; (iv) the Senior Notes Default; and (v) the Senior Notes Event of Default.

Related to Senior Notes Event of Default

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

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

  • 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).

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

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • 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.

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

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

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

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

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

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

  • 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)).

  • 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.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

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

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

  • 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;

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

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

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

  • Indenture Default means, with respect to any Indenture, any Event of Default (as such term is defined in such Indenture) thereunder.

  • Subordination Event means any one of the following events:

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