Deferral Termination Event
Deferral Termination Event. Any of the following events: (a) the acceleration of the maturity of any obligations under the Credit Agreement followed by written notice from the Noteholders sent to the Company electing to treat such acceleration as a "Deferral Termination Event"; (b) the occurrence of a Default or an Event of Default under the Indenture other than the failure to make the Interest Payment; (c) the breach of, or failure of the Issuer to comply with Section 5 of this Agreement, without the need for prior...
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Barzel Industries Inc. contract