History of Recurring Events of Default definition
History of Recurring Events of Default means the occurrence of two or more Events of Default (whether or not cured by the Tenant) in any period of 12 months.
Events of Default has the meaning specified in Section 6.01.
Specified Event of Default means any Event of Default under Section 8.01(a), Section 8.01(f) or Section 8.01(g).
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).
Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).
Loan Event of Default An “Event of Default” as defined in the Loan Agreement.