Event(s) of Default Definitions | Business Dictionary

Event(s) of Default. Shall have the meaning ascribed to it in the Notes

Found in Wisdom Homes of America, Inc. contract

Event(s) of Default. Means the occurrence of one or more of the following described events: (a) the Optionee shall default in the payment of (i) interest on the Purchase Note within five (5) days of its due date or (ii) principal on the Purchase Note within five (5) days of its due date, whether at maturity, upon any scheduled payment date or by acceleration or otherwise; (b) the aggregate amount due under the Purchase Note and all Other Purchase Notes shall, at any time, exceed 105% of the aggregate Collateral... Value of all of the Collateral posted under this Agreement under all Other Stock Option Exercise Agreements; or (c) an Event of Default shall exist under any Other Stock Option Exercise Agreement View More

Found in AMERICAN CAPITAL, LTD contract

Event(s) of Default. The occurrence of any of the following shall constitute an "Event of Default" hereunder: (a) failure of Borrower to make any payment when due under this Note for a period of ten (10) days or more; (b) one or more judgments or decrees is entered against Borrower (not paid or fully covered by insurance) in excess of $250,000 and such judgments or decrees shall not have been vacated or discharged, stayed or bonded pending appeal within sixty (60) days from the entry thereof; and (c) if there is a... Bankruptcy Event with respect to Borrower. View More

Found in COGENTIX MEDICAL INC contract

Event(s) of Default. As defined by Section, 13.1 of this ARPA.

Found in XPLORE TECHNOLOGIES CORP contract

Event(s) of Default. Subject to all the terms and conditions set forth below, the Landlord and the Tenant hereby agree as follows.

Found in GAIN Capital Holdings, Inc. contract

Event(s) of Default. The meaning set forth in the Purchase Note, as applicable

Found in POSITIVEID Corp contract

Event(s) of Default. Shall have the meaning set forth in Paragraph 15.

Found in AMERICAN DG ENERGY INC contract

Event(s) of Default. Shall mean (i) the occurrence and continuance of an Event of Default as defined in the Credit Agreement (after taking into account all applicable grace periods); or (ii) the failure of Pledgor to pay and perform all of Pledgor's obligations to Agent and Lenders hereunder unless such failure is cured or remedied within the applicable grace period, if any, set forth or referred to herein or in the Credit Agreement.

Found in Nexpoint Multifamily Capital Trust, Inc. contract

Event(s) of Default. The meaning as prescribed in the New Promissory Note.

Found in AURA SYSTEMS INC contract

Event(s) of Default. Shall have the meaning set forth in each respective Transaction Document without giving effect to this Agreement.

Found in Oroplata Resources, Inc. contract