COVER pro- poses an ontological analysis of notions such as Risk, Risk Event (Threat Event, Loss Event) and Vulnerability, among others.
▇▇▇▇ Event means if there are any Mortgaged Properties at such time, any increase, extension or renewal of any of the Commitments or Loans (but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Loan or (iii) the issuance, renewal or extension of Letters of Credit).
Put Event means the occurrence of:
Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.
Significant Event means any Amortization Event or Event of Default.
Environmental Event shall have the meaning set forth in Section 12.2.1.