Default

Example Definitions of "Default"
Default. Any Event of Default or any Potential Event of Default.
Default. Means the failure of the Debtor to pay or perform any of the Obligations as and when due to be paid or performed under the tenns of the Account Purchase Agreement or this Agreement.
Default. Any event which, if it were to continue uncured, would, with notice or lapse of time or both, constitute an Event of Default (as such term is defined in Section 7.1 of this Agreement).
Default. Means any Event of Default as defined in the Loan Agreement. -1- "Obligations" shall have the meaning ascribed to such term in the Loan Agreement.
Default. An Event of Default or any event or circumstance which would (with the expiry of a grace period, the giving of notice, the making of any determination under a Loan Document or any combination of the foregoing) be an Event of Default.
Default. The occurrence or existence of any condition or event which would, with the passage of time, the giving of notice, or both, constitute an Event of Default
Default. Means an event which with the passage of time or giving of notice or both would become an Event of Default under this Agreement.
Default. Shall mean an event which, with the passage of time or giving of notice, will constitute an Event of Default.
Default. Means the occurrence of any event or condition that would constitute an Event of Default hereunder upon the satisfaction of any requirement for notice or passage of time or both in connection with such event or condition.
Default. (a) the nonpayment of the Subject Debt or any part thereof when due or (b) the occurrence or existence of any event, condition, or other thing (other than any event, condition, or other thing which would constitute a "Default" pursuant to the next preceding clause (a) which gives (or which with the lapse of any applicable grace period, the giving of notice, or both would give) Bank the right to accelerate or which automatically accelerates the maturity of any of the Subject Debt
All Definitions