Sponsor Default definition

Sponsor Default means any of the events set out in clause 14.1;
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Sponsor Default has the meaning assigned to such term in Section 6.01 hereto.
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Sponsor Default has the meaning set forth in Section 25. “Sponsor ID” means Sponsor’s name or logo.
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Examples of Sponsor Default in a sentence

  • From the Effective Date through the end of the Term, and as long as no Sponsor Default exists, Entity hereby agrees that it shall not grant to any Direct Competitor any right or license to market or promote any products or services within the Exclusive Category anywhere at, or in conjunction with, the Events or the Spark!Fishers 5K.


More Definitions of Sponsor Default

Sponsor Default has the meaning set forth in the Sponsor Pledge Agreement.
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Sponsor Default means (a) the failure by the Sponsor to observe or perform any covenant, condition or agreement contained herein or in the Subordination Agreement and (b) any representation or warranty of the Sponsor contained herein, in the Support Agreement or in any certificate of the Sponsor delivered in connection therewith is incorrect in any material respect as of the date on which it was made.
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Sponsor Default shall have the meaning given such term in --------------- Section 7.2 hereof.
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Sponsor Default shall have the meaning given such term in the AFI Credit --------------- Agreement.
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Related to Sponsor Default

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • 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.

  • 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).

  • 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;

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Servicer Default means an event specified in Section 8.01.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • 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)).

  • Contractor Default shall have the meaning set forth in Clause 23.1;

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

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.