Event of Default

Example Definitions of "Event of Default"
Event of Default. Has the meaning specified therefor in the Note
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Event of Default. Has the meaning specified therefor in the Note Credit Agreement.
Event of Default. Has the The meaning specified therefor in the Note Notes
Event of Default. Has the The meaning specified therefor in the Note Notes
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Event of Default. Means an event or condition that constitutes an Event of Default, as defined in Section 18.1 hereof.
Event of Default. Means an event or condition that constitutes an Event of Default, Default as defined in Section 18.1 6.1 hereof.
Event of Default. Means an event or condition that constitutes an Event of Default, Default as defined in Section 18.1 6.1 hereof.
Event of Default. Means an event or condition that constitutes an Event of Default, as defined in Section 18.1 8.1 hereof.
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Event of Default. Shall mean (i) any of the Events of Default described in the Notes or (ii) any default by a Grantor in the performance of its obligations under this Agreement.
Event of Default. Shall mean (i) any of the Events of Default described in the Notes or in the Note Documents, or (ii) any default by a Grantor in the performance of its obligations under this Agreement.
Event of Default. Shall mean (i) any of the Events of Default described in the Notes Note, or (ii) any default by a Grantor the Borrower in the performance of its obligations under this Agreement.
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Event of Default. The meaning set forth in the Loan Agreement.
Event of Default. The Has the meaning set forth in the Loan Agreement. Agreement
Event of Default. The Has the meaning set forth in the Loan Agreement.
Event of Default. The Has the meaning set forth in the Loan Agreement.
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Event of Default. Has the meaning set forth in the Note.
Event of Default. Has the The meaning set forth in the Note. Notes.
Event of Default. Has the The meaning set forth in the Note.
Event of Default. Has the The meaning set forth in the Note.
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Event of Default. The meaning set forth in the Subordinated Notes
Event of Default. The Has the meaning set forth in the Subordinated Notes Notes.
Event of Default. The Has the meaning set forth in the Subordinated Notes Notes.
Event of Default. The Has the meaning set forth in the Subordinated Notes Note.
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Event of Default. Shall have the meaning ascribed to such term in the Mortgage, including without limitation a default in payment or performance under this Note.
Event of Default. Shall have the meaning ascribed to such term in the Mortgage, including which includes, without limitation limitation, a default in payment or performance under this Note.
Event of Default. Shall have Has the meaning ascribed to such term in the Mortgage, including which includes, without limitation limitation, a default in payment or performance under this Note. Note
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Event of Default. The meaning set forth in paragraph 11
Event of Default. The meaning set forth in paragraph 11 Paragraph 10
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Event of Default. Any of the events specified in Section 7, provided that any requirement for the giving of notice, the lapse of time, or both, has been satisfied
Event of Default. Any of the events specified in Section 7, 10, provided that any requirement for the giving of notice, the lapse of time, time or both, or any other condition has been satisfied
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Event of Default. The occurrence of one or more of the following events: (1) Borrower shall fail to make any payment due to Lender under this Note when the same shall become due and payable, whether at maturity, by acceleration or otherwise, within five (5) business days after receipt of written notice from Lender that such payment is due and unpaid. (2) Borrower violates any of the covenants contained in Sections 6 and 7 of this Note and fails to remedy such violation within ten (10) days after receipt of... written notice from Lender that such a violation has occurred. (3) Any material portion of Borrower's assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any trustee, receiver or person acting in a similar capacity and such attachment, seizure, writ or distress warrant or levy has not been removed, discharged or rescinded within ten (10) business days, or if Borrower is enjoined, restrained, or in any way prevented by court order from continuing to conduct all or any material part of its business affairs, or if a judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower's assets, or if a notice of lien, levy, or assessment is filed of record with respect to any of Borrower's assets by the United States Government, or any department, agency, or instrumentality thereof, or by any state, county, municipal or governmental agency, and the same is not paid within ten (10) business days after Borrower receives notice thereof; provided that none of the foregoing shall constitute an Event of Default where such action or event is stayed or an adequate bond has been posted pending a good faith contest by Borrower. (4) Any document executed in connection with the Loan ceases to be, or Borrower asserts that such document is not, in any material respect, a legal, valid and binding obligation of Borrower enforceable in accordance with its terms. (5) A proceeding shall have been instituted in a court having jurisdiction in the premises seeking a decree or order for relief in respect of Borrower in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or for the appointment of a receiver, liquidator, assignee, custodian, trustee (or similar official) of Borrower or for any substantial part of its property, or for the winding-up or liquidation of its affairs, and such proceeding shall remain undismissed or unstayed and in effect for a period of sixty (60) consecutive days or such court shall enter a decree or order granting the relief sought in such proceeding. (6) Borrower commences a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, consents to the entry of an order for relief in an involuntary case under any such law, or consents to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian (or other similar official) of Borrower or for any substantial part of its property, or shall make a general assignment for the benefit of creditors, or shall fail generally to pay its debts, other than debts contested in good faith, as they become due, or shall take any corporate action in furtherance of any of the foregoing. (7) One or more defaults shall exist under any agreement with any third party or parties which consists of the failure to pay any Indebtedness at maturity or which results in the acceleration of any Indebtedness prior to its stated maturity and the aggregate amount of such Indebtedness is in excess of Five Hundred Thousand Dollars ($500,000) and such acceleration is not annulled within thirty (30) days or such payment default continues for thirty (30) days. (8) A final, non-appealable judgment or judgments entered by a court or courts of competent jurisdiction for the payment of money in an amount, individually or in the aggregate, of at least Five Hundred Thousand Dollars ($500,000) shall be rendered against Borrower and shall remain unsatisfied, unbonded and unstayed for a period of thirty (30) days or more. (9) Any material misrepresentation or material misstatement that exists now or hereafter in any warranty, representation, statement, certification or report made to Lender by Borrower or any officer, employee, agent or director of Borrower shall prove to have been false or misleading in any material respect when made or furnished. View More
Event of Default. The occurrence of one or more of the following events: (1) Borrower shall fail to make any payment due to Lender Lenders under this Note Note, when the same shall become due and payable, whether at maturity, by acceleration or otherwise, within five (5) ten (10) business days after receipt of written notice from Lender Lenders that such payment is due and unpaid. (2) Borrower violates any of the covenants contained in Sections 6 and 7 of this Note and fails to remedy such violation within ten... (10) days after receipt of written notice from Lender Lenders that such a violation has occurred. (3) Any material portion of Borrower's or Subsidiary's (each, a "Loan Party") assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any trustee, receiver or person acting in a similar capacity and such attachment, seizure, writ or distress warrant or levy has not been removed, discharged or rescinded within ten (10) business days, or if Borrower any Loan Party is enjoined, restrained, or in any way prevented by court order from continuing to conduct all or any material part of its business affairs, or if a judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower's any Loan Party's assets, or if a notice of lien, levy, levy or assessment is filed of record with respect to any of Borrower's Loan Party's assets by the United States Government, or any department, agency, agency or instrumentality thereof, or by any state, county, municipal or governmental agency, and the same is not paid within ten (10) business days after Borrower any Loan Party receives notice thereof; provided that none of the foregoing shall constitute an Event of Default where such action or event is stayed or an adequate bond has been posted pending a good faith contest by Borrower. such Loan Party. (4) Any document executed in connection with the Loan ceases to be, or Borrower any Loan Party asserts that such document is not, in any material respect, a legal, valid and binding obligation of Borrower such Loan Party or enforceable in accordance with its terms. (5) A proceeding shall have been instituted in a court having jurisdiction in the premises seeking a decree or order for relief in respect of Borrower any Loan Party in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or for the appointment of a receiver, liquidator, assignee, custodian, trustee (or similar official) of Borrower any Loan Party or for any substantial part of its property, or for the winding-up or liquidation of its affairs, and such proceeding shall remain undismissed or unstayed and in effect for a period of sixty (60) consecutive days or such court shall enter a decree or order granting the relief sought in such proceeding. (6) Borrower Any Loan Party commences a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, consents to the entry of an order for relief in an involuntary case under any such law, or consents to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian (or other similar official) of Borrower such Loan Party or for any substantial part of its property, or shall make a general assignment for the benefit of creditors, or shall fail generally to pay its debts, other than debts contested in good faith, as they become due, or shall take any corporate action in furtherance of any of the foregoing. (7) One or more defaults shall exist under any agreement of any Loan Party with any third party or parties which consists of the failure to pay any Indebtedness of such Loan Party at maturity or which results in the acceleration of any Indebtedness of such Loan Party prior to its stated maturity and the aggregate amount of such Indebtedness is in excess of Five Hundred Thousand Dollars ($500,000) and such acceleration is not annulled within thirty (30) forty-five (45) days or such payment default continues for thirty (30) forty-five (45) days. (8) A final, non-appealable judgment or judgments entered by a court or courts of competent jurisdiction for the payment of money in an amount, individually or in the aggregate, of at least Five Hundred Thousand Dollars ($500,000) shall be rendered against Borrower any Loan Party and shall remain unsatisfied, unbonded and unstayed for a period of thirty (30) forty-five (45) days or more. (9) Any material misrepresentation or material misstatement that exists now or hereafter in any warranty, representation, statement, certification or report made to Lender Lenders by Borrower or any officer, employee, agent or director of Borrower shall prove to have been false or misleading in any material respect when made or furnished. View More
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