Common use of Definition of Events of Default Clause in Contracts

Definition of Events of Default. Any of the following specified events shall constitute an “Event of Default” under this Agreement: (a) the occurrence of any Event of Default (as such term is defined in any of the Purchase Agreement); (b) any representation, warranty or statement made or deemed to be made by any Pledgor under or in connection with this Agreement shall have been false or misleading in any material respect when made or deemed to be made; or (c) any Pledgor shall fail to observe or perform any covenant or agreement set forth in this Agreement.

Definition of Events of Default. Any of the following specified events shall constitute an “Event Events of Default” Default under this Agreement: (a) the occurrence of any Event of Default under (and as such term is defined in any of in) the Purchase Loan Agreement); (b) any representation, warranty or statement made or deemed to be made by any Pledgor under or in connection with this Agreement shall have been false or misleading in any material respect when made or deemed to be made; or (c) any Pledgor shall fail to observe or perform any covenant or agreement set forth in this Agreement.