Subordinated Note Event of Default definition

Subordinated Note Event of Default means an event of default under the Indenture.
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Subordinated Note Event of Default means an "Event of Default" as defined in the Indenture.
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Subordinated Note Event of Default shall have the meaning set forth in Section 5.5.
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Examples of Subordinated Note Event of Default in a sentence

  • Upon any such waiver, such Subordinated Note Default shall cease to exist and be deemed to have been cured and not to have occurred, and any Subordinated Note Event of Default arising therefrom shall be deemed to have been cured and not to have occurred, for every purpose of the Subordinated Notes and this Agreement; but no such waiver shall extend to any subsequent or other Subordinated Note Default or Subordinated Note Event of Default or impair any right consequent thereto.

  • If the Depositor does not join in such appointment within 15 days after the receipt by it of a request so to do, or in case a Subordinated Note Event of Default has occurred and is continuing, the Property Trustee alone shall have power to make such appointment.

  • If a Subordinated Note Event of Default shall have occurred and be continuing, the Property Trustee or the Delaware Trustee, or both of them, may be removed at such time by Act of the Holders of a majority in Liquidation Amount of the Preferred Securities, delivered to the Relevant Trustee (in its individual capacity and on behalf of the Trust).

  • Prior to the declaration of the acceleration of the maturity of the Senior Notes as provided above, Subordinated Noteholders holding not less than a majority of the Outstanding Amount of the Subordinated Notes may waive any past Subordinated Note Default or Subordinated Note Event of Default and its consequences except a Subordinated Note Default in payment of principal of or interest on any of the Subordinated Notes.

  • Unless a Subordinated Note Event of Default shall have occurred and be continuing, any Trustee may be removed at any time by Act of the Common Securityholder.

  • The delivery by the Junior Creditor or the Company to the Trustee of the notice of a Subordinated Note Event of Default referred to in SECTION 7.1 with respect to the occurrence of a Subordinated Note Event of Default, which notice references the commencement of the Standstill Period, shall commence a Standstill Period of 180 days ("STANDSTILL PERIOD").

  • The Property Trustee and the Delaware Trustee shall give written notice of its resignation to the Holder of the Common Securities (unless a Subordinated Note Event of Default shall have occurred and be continuing, in which case written notice of such resignation shall instead be given to the Holders of the Preferred Securities in the manner provided in Section 10.10) and the Administrative Trustee shall give notice of its resignation to the Depositor.

  • Prior to the declaration of the acceleration of the maturity of the Subordinated Notes as provided above, Subordinated Noteholders holding not less than a majority of the Outstanding Amount of the Subordinated Notes may waive any past Subordinated Note Default or Subordinated Note Event of Default and its consequences except a Subordinated Note Default in payment of principal of or interest on any of the Subordinated Notes.

  • If the Company fails because of this Agreement to pay principal of, premium or interest or any other amounts on the Subordinated Note on the due date, the failure is still a Subordinated Note Event of Default under the Subordinated Note (subject to the expiration of any applicable grace period, in accordance with the terms of the Subordinated Note Financing Agreements).

  • The Company hereby agrees, for the benefit of the Trustee on behalf of the Holders, to provide written notice to the Trustee within 10 Business Days after obtaining actual knowledge of the occurrence or assertion of a Subordinated Note Event of Default.


More Definitions of Subordinated Note Event of Default

Subordinated Note Event of Default means an "Event of Default" as defined in the Subordinated Loan Agreement.
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Subordinated Note Event of Default means an "Event of Default", as such term is defined in the Dry Creek Security Agreement, or the failure of the Subordinated Note Holder for 30 days after notice thereof to perform or comply with any of its obligations under this Agreement.
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Subordinated Note Event of Default means an "Event of Default", as such term is defined in the Investment Agreement. "SUBORDINATED NOTE FINANCING AGREEMENTS" means the Subordinated Note, the Investment Agreement and the related documents executed in connection therewith. "SUBORDINATED NOTE FINANCING AGREEMENTS" shall also include all amendments and modifications of the foregoing permitted under SECTION 3.5. "SUBORDINATED NOTE FINANCING EXECUTION VERSION 4 AGREEMENTS" shall not include the License Agreement, the Hard Rock Leases (as defined the License Agreement) and the Memorabilia Lease (as defined the License Agreement).
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Related to Subordinated Note Event of Default

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • 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).

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Issuer Event of Default means the occurrence of any of the following events:

  • 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)).

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

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

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Subordination Event means any one of the following events:

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

  • Indenture Default With respect to any Indenture, means any Event of Default (as such term is defined in such Indenture).

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer 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).

  • Liquidity Event of Default means the occurrence of either (a) the Acceleration of all of the Equipment Notes or (b) an American Bankruptcy Event.

  • Servicer Event of Default wherever used herein, means any one of the following events: