Default

Example Definitions of "Default"
Default. Shall mean any Event of Default and any event which with the passing of time or the giving of notice would, unless cured or waived, constitute an Event of Default.
Default. Shall mean any event or condition which with notice, passage of time or a determination by the Lender, or any combination of the foregoing, would constitute an Event of Default.
Default. Means a default or event of default under the Junior Notes, or any of them, or under any other instrument or agreement evidencing the Junior Debt.
Default. Shall have the meaning assigned to such term in the Credit Agreement.
Default. The occurrence of an "Event of Default" under the Promissory Note or any material breach of any of Pledgor's representations, warranties or covenants in this Agreement
Default. The word "Default" means the Default set forth in this Agreement in the section titled "Default". 19
Default. Shall have the meaning set forth in Annex V.
Default. The term "Default" means any of the following events: (i) the Maker at any time fails to pay, when due, any sum owing on this Note; or (ii) the Maker breaches or fails to perform any obligation under this Note or any other agreement between the Maker and the Holder; or (iii) the Maker files or is served with any petition for relief under the 11 U.S. C. ยง 1 et seq. or any similar federal or state statute, or a proceeding is instituted against the Maker seeking a readjustment of the Maker's... indebtedness; or (iv) the Maker assigns any of its assets for the benefit of its creditors; or (v) an action is commenced to appoint, or the Maker consents to the appointment of a receiver or trustee for all or any part of the Maker's property; or (vi) the Maker admits, in writing, its inability to pay its debts as they become due; or (vii) the Maker becomes insolvent; or (viii) a court of competent jurisdiction enters an order approving a petition seeking a reorganization of the Maker or appointing a receiver, trustee, or other similar official of substantially all of Maker's assets. View More Arrow
Default. Shall have the meaning set forth in the Note Purchase Agreement.
Default. Means an Existing Debt Default and/or an SVSP Debt Default.
All Definitions