Series Event of Default definition

Series Event of Default has the meaning specified in Section 5.01 hereof.
Series Event of Default. With respect to any Series of Notes, an event of default specified in the applicable Series Supplement, if any.
Series Event of Default shall have the meaning specified in the Supplement.

Examples of Series Event of Default in a sentence

  • If a Series Event of Default occurs while any Offered Notes are outstanding, the Series Security Trustee may, and if directed to do so by an Extraordinary Resolution of Series Secured Creditorsmust, enforce the Series Charge in accordance with the terms of each of the Series Master Security Trust Deed and the Series General Security Deed.

  • If a Series Event of Default occurs and the security interest granted under the Series General Security Deed is enforced prior to the Final Maturity Date, the amounts available to the Holders of the Offered Notes will be limited to the Series Assets.

  • Upon the occurrence of a Series Event of Default, the Series Security Trustee will be entitled to enforce the Series Charge and apply the Series Assets which are charged in favour of the Series Security Trustee for the benefit of the Series Secured Creditors of the Series (which term includes the Holders of the Offered Notes).

  • Prior to the occurrence of a Series Event of Default and the enforcement of the Series Charge under the Series General Security Deed, interest on the A$ Notes will be paid on each Payment Date in accordance with the order of priority described in section 17.2. After the occurrence of a Series Event of Default and the enforcement of the Series Charge under the Series General Security Deed, interest on the A$ Notes will be paid on in accordance with the order of priority described in section 17.6.

  • Similarly, upon the occurrence of a Series Event of Default and enforcement of the Security, holders of Registered Global Notes will be restricted to acting through Euroclear and Clearstream, Luxembourg unless and until Definitive Class A1c Notes are issued in accordance with the relevant provisions described in Section 14 (“Descriptions of the Class A1c Notes”) of this Offering Circular.

  • Upon the occurrence of a Series Event of Default which is continuing, the relevant Series Masse Meeting may declare the outstanding Notes of the concerned Series immediately due and payable.

  • So long as any part of the Notes remains outstanding the Issuer will, upon becoming aware of the occurrence of any Series Event of Default, give notice in writing thereof to the Series Note Trustee and any Series Hedge Provider in respect of that Series.

  • Prior to the occurrence of a Series Event of Default and the enforcement of the Series Charge under the Series General Security Deed, interest on the A$ Notes will be paid on each Payment Date in accordance with the order of priority described in section 16.2. After the occurrence of a Series Event of Default and the enforcement of the Series Charge under the Series General Security Deed, interest on the A$ Notes will be paid on in accordance with the order of priority described in section 16.6.

  • However, the failure of the Borrower or the Servicer to cooperate with the Lender in transferring servicing responsibilities to a replacement servicer following the failure of an Asset Series to comply with the 75% Test or to use reasonable best efforts to sell a requested portion of the Asset Series as required by Section 2.9(a) shall constitute a Loan Series Event of Default under this Agreement.

  • Similarly, upon the occurrence of a Series Event of Default and enforcement of the Security, holders of Registered Global Notes will be restricted to acting through Euroclear and Clearstream, Luxembourg unless and until Definitive Class A1c Notes are issued in accordance with the relevant provisions described in Section 13 (“Descriptions of the Class A1c Notes”) of this Offering Circular.


More Definitions of Series Event of Default

Series Event of Default shall have the meaning specified in Section 7.1.
Series Event of Default shall have, with respect to any Series, the meaning specified in the related Indenture Supplement.
Series Event of Default means any of the following:

Related to Series Event of Default

  • 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.

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

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

  • 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.

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

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

  • 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)).

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

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

  • 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):

  • 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):

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

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

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

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

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

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

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • 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.

  • 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;

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

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • 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.

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;