Default

Example Definitions of "Default"
Default. (i) the failure of a Buyer to deliver any portion of the Purchase Price, including any portion of any Deferred Purchase Price Payment, pursuant to the terms of this Purchase Agreement when and as the same shall become due and payable by such Buyer, as provided herein, or (ii) a material breach by a Buyer of such Buyer's covenants set forth in Paragraph 7(e)(i) hereof
Default. Shall mean the occurrence or existence of any one or more of the following events. (a) The Borrower fails to pay any of its material "Liabilities" (as hereinafter defined) when due and said failure continues for a period of fifteen (15) days after written notice of same from Lender to the Borrower; (b) A proceeding under any Bankruptcy, reorganization, arrangement of debt, insolvency, readjustment of debt or receivership law or statute is filed against Borrower which is not dismissed within... sixty (60) days of its filing, or a proceeding under any Bankruptcy, reorganization, arrangement of debt, insolvency, readjustment of debt or receivership law or statute is filed by Borrower or the Borrower makes an assignment for the benefit of creditors; or (c) A default by Borrower under any of the other Loan Documents. View More Arrow
Default. The meaning ascribed to it in the Series A Certificate
Default. Means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default.
Default. The occurrence of an Event of Default or the occurrence of any event, which with the giving of notice or the passage of time, or both would constitute an Event of Default.
Default. An Event of Default or an event or condition which, with the giving of notice, lapse of time or upon a declaration or determination being made (or any combination thereof), would become an Event of Default
Default. The occurrence of an Event of Default or the breach of this Agreement
Default. Shall have the meaning stated in the Security Instrument
Default. Any event or circumstance that is, or with the giving of notice or lapse of time or both, would be an Event of Default
Default. Means (a) any Event of Default; and (b) any Unmatured Event of Default under Section 12.1.7 or 12.1.8 of the Loan Agreement.
All Definitions