Event of Syndication Default definition

Event of Syndication Default shall have the meaning set forth in Subsection 15.30.1.
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Event of Syndication Default shall have the meaning set forth in Subsection 13.29.1.
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Event of Syndication Default shall have the meaning set forth in Subsection 15.30.1. 1.67 Existing Credit Agreement: means the Credit Agreement dated as of May 15, 1996, among Farmland Industries, Inc. as Borrower and CoBank, ACB and Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. "Rabobank Nederland", New York Branch, as Banks and as Co-Syndication Agents, and the various banks that are parties to the Credit Agreement as amended by the First through Seventh Amendments. 1.68 Existing Letters of Credit: means the Letters of Credit which have been issued for the benefit of Borrower by one or more of the Syndication Parties and which are outstanding on the Closing Date as listed on Exhibit 1.68 hereto. ------------ 1.69 Extended Terms Accounts: means Accounts Receivable which by their terms are payable more than thirty (30) days, but not more than one-hundred eighty (180) days, after the invoice date thereof.
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Examples of Event of Syndication Default in a sentence

  • Upon the occurrence of an Event of Syndication Default, the non-defaulting parties, acting by, or through the direction of, a simple majority (determined on the basis of Syndication Share) of the non-defaulting parties, may, in addition to any other remedy specifically set forth in this Credit Agreement, have and exercise any and all remedies available generally at law or equity, including the right to damages and to specific performance.

  • Upon the occurrence of an Event of Syndication Default, the non-defaulting Syndication Parties, acting by, or through the direction of, a simple majority (determined based on their Individual Term Loan Pro Rata Shares) of the non-defaulting Syndication Parties, may, in addition to any other remedy specifically set forth in this Credit Agreement, have and exercise any and all remedies available generally at law or equity, including the right to damages and to specific performance.

  • Upon the occurrence of an Event of Syndication Default, the non-defaulting parties, acting by, or through the direction of, a simple majority (determined on the basis of Syndication Share) of the non-defaulting parties, may, in addition to any other remedy specifically set forth in this Construction Credit Agreement, have and exercise any and all remedies available generally at law or equity, including the right to damages and to specific performance.

  • Upon the occurrence of an Event of Syndication Default, the non-defaulting parties, acting by, or through the direction of, a simple majority (determined on the basis of Syndication Share) of the non-defaulting parties, may, in addition to any other remedy specifically set forth in this Term Credit Agreement, have and exercise any and all remedies available generally at law or equity, including the right to damages and to specific performance.

  • Upon the occurrence of an Event of Syndication Default, the non-defaulting parties, acting by, or through the direction of, a simple majority (determined on the basis of Syndication Share) of the non-defaulting parties, may, in addition to any other remedy specifically set forth in this Agreement, have and exercise any and all remedies available generally at law or equity, including the right to damages and to specific performance.

  • Upon the occurrence of an Event of Syndication Default, the non-defaulting parties, acting by, or through the direction of, a simple majority (determined based on the ratio of their Individual Commitments to the Aggregate Commitment) of the non-defaulting parties, may, in addition to any other remedy specifically set forth in this Credit Agreement, have and exercise any and all remedies available generally at law or equity, including the right to damages and to specific performance.

Related to Event of Syndication Default

  • Modification Default Loss means the loss calculated in Exhibits 2a(1)-(3) for single family loans previously modified pursuant to this Single Family Shared-Loss Agreement that subsequently default and result in a foreclosure, short sale or Deficient Loss.

  • in default means that, as to any Mortgage Loan, any Mortgage Note payment or escrow payment is unpaid for thirty (30) days or more after its due date (whether or not the Seller has allowed any grace period or extended the due date thereof by any means) or another material default has occurred and is continuing, including the commencement of foreclosure proceedings or the commencement of a case in bankruptcy for any Customer in respect of such Mortgage Loan.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p) of this Note.

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.