StadCo Default definition

StadCo Default shall have the meaning set forth in Section 16.1(a) of this Agreement. “StadCo Indemnified Persons” shall mean StadCo and its Related Parties.

StadCo Default shall have the meaning set forth in Section 16.1(a) of this Agreement. “StadCo Lenders” shall mean the lenders party to the StadCo Credit Agreement.

StadCo Default has the meaning set forth in Section 6(c).

Examples of StadCo Default in a sentence

• The Project Improvements Construction Schedule shall be provided to the Authority on an advisory basis, and the Authority acknowledges that the dates set forth on the Project Improvements Construction Schedule (other than the Project Completion Date) shall be subject to modifications in StadCo’s discretion and any failure by StadCo to meet target dates (other than the Project Completion Date) shall not in and of itself constitute a StadCo Default.

• Nothing herein shall be intended to require the Authority (including the Authority Construction Representative) to deliver Notice to StadCo prior to access to the Land and the Project Improvements and any portion thereof if a StadCo Default occurs and remains uncured.

• Upon the occurrence of any StadCo Default, MLB may, in its sole discretion but subject to Article 17, enter upon the Land and Project Improvements and do whatever StadCo is obligated to do under the terms of this Agreement, and the Authority agrees to accept such performance by MLB, and XxxxXx agrees MLB shall not be liable for any damages resulting to StadCo from such action.