Default and Event of Default

Default and Event of Default. Each mean any event specified in Paragraph 8 of this Agreement, provided that any requirement in connection with such event for the giving of notice or lapse of time or any other condition has been satisfied.

Default and Event of Default. (i) a Default or Event of Default as defined in the Bank Credit Agreement and (ii) any event or condition which under the terms of any agreement applicable to any other Senior Liabilities is an event or condition which with or without the lapse of time or the giving of notice or both would permit the holder or holders of such Senior Liabilities (or a specified number thereof) to declare such Senior Liabilities due and payable or to ... exercise remedies with respect to non-payment. View More