Fund Event of Default definition

Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (e) or (i) of this Section 7, or (B) arising from such Fund’s failure to comply with the covenants set forth in Section 5.3, 5.4, 5.5 or 6.5. “Fund Default” shall mean any of the events giving rise to a Fund Event of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.
Fund Event of Default means an Event of Default with respect to a --------------------- Fund as a whole and not with respect to any Borrower or a Fund acting on behalf of a Borrower (A) of any of the types described in paragraphs (d), (e), (g), or (i) of this Section 7, or (B) arising from such Fund's failure to comply with the covenants set forth in Sections 5.3, 5.4, 5.5 or 6.5. "Fund Default" shall ------------ mean any of the events giving rise to Fund Events of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied. Notwithstanding anything herein to the contrary, a Default or Event of Default with respect to one Borrower shall not constitute a Default or Event of Default with respect to any other Borrower.
Fund Event of Default means any of:

Examples of Fund Event of Default in a sentence

  • For this purpose (and without limiting the scope of the above exclusion in respect of indirect or consequential loss or damage) any loss or damage suffered by the Fund as a result of the breach, act or omission in question also having been or having given rise to a Fund Event of Default shall be treated as indirect or consequential loss or damage.

  • The Administrative Agent shall be deemed not to have knowledge of any Default, Event of Default, Fund Default or Fund Event of Default unless and until notice describing such Default, Event of Default, Fund Default or Fund Event of Default is given to the Administrative Agent by a Borrower or a Bank.


More Definitions of Fund Event of Default

Fund Event of Default means an Event of Default with respect to a Fund as --------------------- a whole and not with respect to any Borrower or a Fund acting on behalf of a Borrower (A) of any of the
Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (b), (f), (g), (h) or (k) of this SECTION 9, or (B) arising from such Fund's failure to comply with the covenants set forth in SECTIONS 8.3, 8.4 and 8.5 hereof. "FUND DEFAULT" shall mean any of the covenants giving rise to Fund Events of Default, whether or any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.
Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (b), (f), (g), (h) or (k) of this Section 9, or (B) arising from such Fund's failure to comply with the covenants set forth in Sections 8.3, 8.4 and 8.5 hereof. "Fund Default" shall mean any of the covenants giving rise to Fund Events of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.
Fund Event of Default has the meaning specified in Section 8.01.
Fund Event of Default means an Event of Default as defined in the Finance Agreement.
Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (b), (f), (g), (h) or (k) of this SECTION 9, or (B) arising from such Fund's failure to comply with the covenants set forth in SECTIONS 8.3, 8.4 and 8.5 hereof. "FUND DEFAULT" shall mean any of the covenants giving rise to Fund Events of Default, whether or any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied. If a Fund is organized as a business trust, the parties hereto acknowledge and agree that every note, bond, contract, instrument, certificate or undertaking and every other act or thing whatsoever issued, executed or done by or on behalf of such Fund on behalf of itself or a Borrower by any trustee thereof in connection with the Fund shall be conclusively deemed to have been issued, executed or done only in or with respect to his or her capacity as a trustee and such trustee shall not be personally liable thereon. Neither such Fund nor any of its trustees, nor any officer, employee nor agent of such Fund shall have any power to bind personally any shareholders thereof, nor to call upon any such shareholder for the payment of any sum of money or assessment whatsoever other than such as such shareholder may at any time personally agree to pay.

Related to Fund Event of Default

  • PTC Event of Default Means any failure to pay within 10 Business Days of the due date thereof: (i) the outstanding Pool Balance on the Final Legal Distribution Date or (ii) interest due on the Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or Drawings (as defined in the Intercreditor Agreement), or a withdrawal or withdrawals pursuant to Section 3.6(f) of the Intercreditor Agreement, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee).

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

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.