Special Default means (i) the failure by Owner to pay any amount of principal of or interest on any Equipment Note when due or (ii) the occurrence of any Default or Event of Default referred to in Section 5.01(v), (vi) or (vii).
Special Default means (i) the failure by Lessee to pay any amount of Interim Rent, Basic Rent, Renewal Rent, Stipulated Loss Value or Termination Value when due or (ii) the occurrence of any Lease Default or Lease Event of Default referred to in Section 14.5 of the Lease.
Special Default means the occurrence of any Default referred to in Section 6.01(i), (ii), (ix) and (x) of the Indenture.
Examples of Special Default in a sentence
So long as no Special Default or Event of Default shall have occurred and be continuing, Owner may, by written notice to Mortgagee, request to change the country of registration of the Aircraft.
More Definitions of Special Default
Special Default has the meaning given in clause 16.2.
Special Default means a Payment Default or a Continental Bankruptcy Event.
Special Default means a Default under any of Sections 13(a), 13(b), 13(f) and 13(g) of the Lease.
Special Default means a Default under any of Section 8.01, 8.02, 8.06 or 8.07 of the Mortgage.
Special Default means an Event of Default or a Default under any of Section 8.01, 8.02, 8.06 or 8.07.
Special Default means any Event of Default pursuant to Section 7.1(a), and/or (b) or any event or condition that with the lapse of time or giving of notice, or both, would constitute an Event of Default under Section 7.1(a) and/or (b).
Special Default means the occurrence of (i) a Default under clause (i) or (ii) of Section 7.01(b) of the Credit Agreement or (ii) a Bankruptcy Event.