State of Default definition

State of Default means the situation of a Buyer immediately after:
State of Default means the situation of a Power CAP Buyer

Examples of State of Default in a sentence

  • Mkt.: End State of Default Serv., Docket No. I-2011-2237952 (Order entered February 15, 2013) (“End State Order”).PECO Statement No. 1 – Testimony of Brian D.

  • Mkt.: End State of Default Serv., Docket No. I-2011-2237952 (Order entered Feb.

  • Subject to the terms and conditions of the Policy, we will indemnify you if a Buyer fails to pay you an Insured Debt due to a State of Default.

  • State of DefaultEach month you need to report to us on our online information system or in writing any Buyer in a State of Default.

  • Coverage will be resumed in cases where the Buyer is in a State of Default due to a Protracted Default only if all Gross Debt unpaid from the Buyer subsequently becomes due within the Maximum Terms of Payment with no unpaid amounts past due.

  • TheInspection Company will carry out urgent inspection without delay notwithstanding that less than three working days notice is given by the seller.

  • Notification:You must notify us within thirty (30) days of any Buyer entering a State of Default.

  • The State of Default report is due no later than [15] days after the end of the calendar month in which the State of Default occurs.

  • Final Order, Investigation of Pennsylvania’s Retail Electricity Market: End State of Default Service, Docket No. I-2011-2237952, February 22, 2013.

  • There will be no coverage for Deliveries made to any Buyer that is in a State of Default.

Related to State of Default

  • Notice of Default means a written notice of the kind specified in Section 501(4).

  • Event of Default has the meaning specified in Section 8.01.

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.

  • Potential Event of Default means a condition or event that, after notice or lapse of time or both, would constitute an Event of Default.

  • Events of Default has the meaning specified in Section 6.01.