Default Definition Example with 5 Variations

This page contains an example definition of Default, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Default. Means the occurrence of any of the following events: (i) any Unmatured Event of Default with respect to the Company under Section 8.1.5 of the Credit Agreement, (ii) any Event of Default or (iii) any warranty of any Pledgor herein is untrue or misleading in any material respect and, as a result thereof, the Administrative Agent's security interest in any material portion of the Collateral is not perfected or the Administrative Agent's rights... and remedies with respect to any material portion of the Collateral are materially impaired or otherwise materially adversely affected. View More Arrow
Found in U S PLASTIC LUMBER CORP contract

Variations

Default. Means means the occurrence of any of the following events: (i) (a) any Unmatured Event of Default with respect to (as defined in the Company under Section 8.1.5 of the Credit Agreement, (ii) any Event of Default or (iii) Quakertown Notes); (b) any warranty of any Pledgor the Company herein is untrue or misleading in any material respect and, as a result thereof, the Administrative Agent's security interest in any material portion of the Collateral is not perfected or the Administrative Agent's... rights and remedies with respect to any material portion of the Collateral are materially impaired or otherwise materially adversely affected. affected; or (c) the Company shall fail to comply with any of its obligations under Section 6 and such failure shall continue for 10 days after notice thereof to the Company from the Administrative Agent. View More Arrow
Found in U S PLASTIC LUMBER CORP contract
Default. Means means the occurrence of any of the following events: (i) (a) any Unmatured Event of Default with respect to (as defined in the Company under Section 8.1.5 of the Credit Agreement, (ii) any Event of Default Quakertown Notes); or (iii) (b) any warranty of any the Pledgor herein is untrue or misleading in any material respect and, as a result thereof, the Administrative Agent's security interest in any material portion of the Collateral is not perfected or the Administrative Agent's rights... and remedies with respect to any material portion of the Collateral are materially impaired or otherwise materially adversely affected. View More Arrow
Found in U S PLASTIC LUMBER CORP contract
Default. Means means the occurrence of any of the following events: (i) (a) any Unmatured Event of Default with respect to the Company under Section 8.1.5 of the Credit Agreement, (ii) Agreement with respect to the Company, (b) any Event of Default or (iii) (c) any warranty of any Pledgor Debtor herein is untrue or misleading in any material respect and, as a result thereof, the Administrative Agent's security interest in any material portion of the Collateral (of all Debtors taken as a whole) is not... perfected or the Administrative Agent's rights and remedies with respect to any material portion of the Collateral of all Debtors taken as a whole are materially impaired or otherwise materially adversely affected. View More Arrow
Found in U S PLASTIC LUMBER CORP contract
Default. Means means the occurrence of any of the following events: (i) any Unmatured Event of Default under Section 12.1.3 of the Credit Agreement with respect to the Company under Section 8.1.5 of Parent or the Credit Agreement, Borrower, (ii) any Event of Default or (iii) any warranty of any Pledgor Debtor herein is untrue or misleading in any material respect and, as a result thereof, the Administrative Agent's security interest in any material portion of the Collateral (of all Debtors taken as a... whole) is not perfected or the Administrative Agent's rights and remedies with respect to any material portion of the Collateral are of all Debtors (taken as a whole) is materially impaired or otherwise materially adversely affected. View More Arrow
Found in MIDDLEBY CORP contract
Default. Means means the occurrence of any of the following events: (i) any Unmatured Event of Default with respect to the Company under Section 8.1.5 of the Credit Agreement, (ii) any Event of Default or (iii) (ii) any warranty of any Pledgor Debtor herein is untrue or misleading in any material respect and, as a result thereof, the Administrative Collateral Agent's security interest for the benefit of the Benefited Parties in any material portion of the Collateral collateral is not perfected or the ... class="diff-color-red">Administrative Collateral Agent's rights and remedies with respect to any material portion of the Collateral collateral are materially impaired or otherwise materially adversely affected. View More Arrow
Found in TRUE VALUE CO contract
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