Specified Events of Default definition

Specified Events of Default means any Event of Default of the type described in Section 7.2, 7.3 (solely with respect to Section 6.32.1), 7.6 or 7.7.

Specified Events of Default. Events of Default arising or which may arise in respect of Section 10.1(b) of the Credit Agreement as a result of the Borrowers' failure to comply with Sections 7.1, 7.2, 7.3, 7.5 and 8.15 of the Credit Agreement.

Specified Events of Default means an Event of Default under Section 8.01(a), (b), (g) or (h) of the Term Loan Credit Agreement has occurred and is continuing.

Examples of Specified Events of Default in a sentence

• For the avoidance of doubt and notwithstanding anything herein to the contrary, during the period in which the Requested Waiver is in effect, to the extent any provision of the Credit Agreement or any other Loan Document is qualified by, or requires the absence of, any Default or Event of Default, a Default or Event of Default shall be deemed to have occurred for purposes of such provisions as a result of the Specified Events of Default notwithstanding the Requested Waiver.

• Upon giving effect to this Agreement, there shall be no Default or Event of Default (other than the Specified Events of Default).

• As a result, the Obligors requested that the Lenders forbear with respect to the Specified Forbearance Termination Event in addition to the Specified Events of Default and requested certain other modifications to the Forbearance Agreement.

• Each such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrower under this Agreement, but shall be immediately released and returned to the Borrower (in no event later than two (2) Business Days) once all Specified Events of Default are cured or waived.

• Subject to the terms, and the timely satisfaction of each of the conditions precedent in Section 4 of this Amendment, the Agent and the Lenders hereby waive the Specified Events of Default.

More Definitions of Specified Events of Default

Specified Events of Default. Events of Default arising or which may arise in respect of (i) Section 6.01(c) as a result of the Borrower's failure to satisfy covenants contained in Sections 5.04(a), (b), (c), (d), and (e) of the Credit Agreement and (ii) 6.01(e) of the Credit Agreement in connection with the Borrower's failure to make certain payments to Spectra-Physics, Inc. pursuant to the terms of the Subordinated Installment Promissory Note dated July 12, 1996.

Specified Events of Default means any Event of Default described in any of Sections 8.1, 8.2 (but only with respect to clauses (b), (c), (d), and (e) of Schedule 5.2 to this Agreement), 8.4, 8.5 or 8.7 (but only with respect to representations in Section 4.1(a)).

Specified Events of Default means the “Specified Events of Default” as defined in the Second Supplemental Indenture.

Specified Events of Default means, collectively, any of the Events of Default under Section 9.1.2 of this Agreement that have occurred or that will occur as a consequence of the breach by the Borrower of any of the financial covenants of the Borrower set forth in Section 8.4(a), Section 8.4(b) or Section 8.4(c) of the Credit Agreement as of the last day of each of the Fiscal Quarters of the Borrower's 2001 Fiscal Year.

Specified Events of Default means each Event of Default specified in the following Sections of this Agreement: (a) Section 8.1 (Payment Default), Section 8.3 (Material Adverse Change), Section 8.5 (Insolvency) and (b) any other Section in Article 8 but only if Collateral Agent and Lenders determine, reasonably and in good faith, that such Event of Default is material or could reasonably be expected to become material.

Specified Events of Default means the Events of Default upon the occurrence and during the continuance of which Default Interest accrues pursuant to Section 2.03(d)(ii) of the Indenture.

Specified Events of Default means the breach or default of the Borrower under the following provisions of the Loan Documents for the period or as of the date described below: Section/Covenant Date/Period Required Performance Actual Performance Section 5.8 of the Loan Agreement May 2, 2010 Delivery of quarterly financial statements and compliance certificate within 45 days after the end of each fiscal quarter June 21, 2010