Event of Default

Event of Default. And other capitalized terms used but not defined in this Note shall have the meanings given to such terms in the Master Agreement or, if not defined in the Master Agreement, as defined in the Security Instrument.

Event of Default. An "Event of Default" occurs or exists if (i) the Borrower defaults in the payment when due of any of the Original Principal Amount or any interest or other amount payable pursuant to this Note, (ii) the Borrower or any Other Obligor defaults in the performance when due, whether by acceleration or otherwise, of any obligation (including, but not limited to, any obligation to pay any money, whether for any principal, interest, fee, charge, cost or expense or otherwise), whether now existing or... hereafter arising or accruing, to the Holder or any other Person, the maturity of any such obligation is accelerated or there occurs or exists any event or condition that, whether immediately or after notice, lapse of time or both notice and lapse of time and whether or not waived, would constitute a default with respect to or permit the acceleration of the maturity of any such obligation, (iii) the Borrower or any Other Obligor is dissolved, ceases to exist, participates or agrees to participate in any merger, consolidation or other absorption, assigns or otherwise transfers or disposes of all or substantially all of his, her or its assets, makes or permits what might be a fraudulent transfer or fraudulent conveyance of any of his, her or its assets, makes any bulk sale, sends any notice of any intended bulk sale, dies, becomes incompetent or insolvent (however such insolvency is evidenced), generally fails to pay his, her or its debts as they become due, fails to pay, withhold or collect any tax as required by applicable law, suspends or ceases his, her or its business or has served, filed or recorded against him, her or it or any of his, her or its assets any judgment, order or award of any court, other governmental authority or arbitrator or any lien, (iv) the Borrower or any Other Obligor has any receiver, trustee, custodian or similar Person for him, her or it or any of his, her or its assets appointed (whether with or without his, her or its consent), makes any assignment for the benefit of creditors or commences or has commenced against him, her or it any bankruptcy or insolvency proceeding or any formal or informal proceeding for the dissolution, liquidation or winding up of the affairs of or the settlement of claims against him, her or it, (v) any representation or warranty heretofore made to the Lender or hereafter made to the Holder, or any financial statement heretofore provided to the Lender or hereafter provided to the Holder, by or on behalf of the Borrower or any Other Obligor proves, as of the date thereof, to have been incorrect or misleading in any material respect or before the execution and delivery to the Lender by the Borrower of this Note there occurred and was not disclosed to the Lender any material adverse change in any information disclosed in any such representation or warranty heretofore so made or any financial statement heretofore so provided, (vi) there occurs any change in the management of, or the beneficial ownership of any stock of or other ownership interest in, the Borrower that is, in the opinion of the Holder, materially adverse to its interest and is not corrected to its full satisfaction within 30 days after it gives to the Borrower a notice that it considers such change materially adverse to its interest or (vii) the Holder deems itself insecure with respect to the Outstanding Principal Amount or any interest or other amount payable pursuant to this Note or is of the opinion that any Collateral is not sufficient or has declined or may decline in value, whether or not the Holder has sought any additional Collateral from the Borrower or any Other Obligor. View More

Event of Default. The meaning given such term in the Loan Agreement

Event of Default. (1) the failure by the Grantor to perform in any material respect any obligation of the Grantor under this Agreement as and when required by this Agreement; or (2) any representation or warranty made by the Grantor pursuant to this Agreement shall have been untrue in any material respect when made or deemed to have been made; or (3) any Event of Default, as that term is defined in any of the Notes.

Event of Default. Shall have any of the meanings set forth in paragraph 13.1 hereof.

Event of Default. The failure of the Debtor to perform any of the Obligations

Event of Default. Any of those conditions or events listed in Article 7

Event of Default. Shall mean an Event of Default under the Loan and Security Agreement.

Event of Default. An Event Default under the Credit Agreement

Event of Default. The occurrence of any of the following events: (a) an event of default occurs under any Note and/or any other document executed by Borrower and delivered to Bank in connection with the Loan; (b) failure to cure an event of default under any other document evidencing any or all of the Liabilities which continues beyond any applicable cure period; (c) the continuance for fifteen (15) days after notice of the failure of the Borrower to fulfill any monetary obligation hereunder; and (d) the... continuance for thirty (30) days after notice of any default, other than an monetary default, in the performance of any of the terms covenants, agreements, obligations, undertakings, provisions or conditions contained herein. View More