Swap Counterparty Event of Default definition

Swap Counterparty Event of Default means the occurrence of an "Event of Default" under the Swap Agreement in respect of which the Swap Counterparty is the "Defaulting Party" (each as defined in the Swap Agreement);
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Swap Counterparty Event of Default means any event designated as Event of Default, Termination Event or Additional Termination Event in the Swap Agreement.
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Swap Counterparty Event of Default means an Event of Default (as defined in the Swap) with respect to the Swap Counterparty.
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Examples of Swap Counterparty Event of Default in a sentence

  • Such notice may only be delivered if no Swap Counterparty Event of Default (or event which, with the giving of notice or the lapse of time or both, would constitute a Swap Counterparty Event of Default) or Swap Counterparty Termination Event has occurred and is continuing under the Swap Agreement.


More Definitions of Swap Counterparty Event of Default

Swap Counterparty Event of Default means an Event of Default (as defined in the Swap Agreement) in respect of the Swap Counterparty, as further described in Section 5(a) of the Swap Agreement, has occurred or exists, pursuant to which a Swap Early Termination Date may occur or may be designated by the Issuer (or be deemed to have occurred or been designated automatically) in accordance with the terms of the Swap Agreement.
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Related to Swap Counterparty Event of Default

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

  • Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.

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

  • 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.

  • 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).

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

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

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

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

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

  • Owner Event of Default has the meaning specified in Section 16.2.

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

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

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

  • 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):

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

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

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

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

  • 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)).

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

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such 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):

  • 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).

  • Indenture Default means any condition, circumstance, act or event that, with the giving of notice, the lapse of time or both, would constitute an Indenture Event of Default.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • 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;