Subject Default definition

Subject Default has the meaning assigned to such term in Section 1.03(e).
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Subject Default shall have the meaning provided in Section 1.2(k).
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Subject Default has the meaning given to it in Section 3.11 of this Agreement; “Total Project” means the Project, the CFL Team and the Ottawa 67’s;
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Examples of Subject Default in a sentence

  • For the avoidance of doubt, the foregoing is a one-time waiver of solely the Subject Default and shall not be deemed a continuing waiver of Section 4(a)(xvi) of the Note or any other provisions of the Note or the other Transaction Documents.

  • Effective as of the Collateral Agent’s receipt of the Cash Collateral, the Holder waives the Subject Default.


More Definitions of Subject Default

Subject Default has the meaning specified in Section 1.2(h).
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Related to Subject Default

  • Payment Default has the meaning set forth in Section 5.4(a) of the Indenture.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • 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.

  • Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Financial Covenant Default has the meaning assigned to such term in Section 8.01(6).

  • Customer Default has the meaning set out in clause 8.3.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

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

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