Revolver Event of Default definition

Revolver Event of Default means any Event of Default under Section 10.1(c) as a result of the Borrower failing to be in compliance with Section 9.1.
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Revolver Event of Default means a Revolver Payment Event of Default, a Financial Covenant Event of Default and/or any other Event of Default that arises from any non-compliance with any Revolver Specific Provision.
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Revolver Event of Default means any event or circumstance which would constitute an Event of Default hereunder, if the terms of the Loan Agreement and the Loan Documents were interpreted without giving effect to any amendment, waiver or consent granted or agreed to by the Required Lenders pursuant to Section 10.1 of the Loan Agreement (unless the Revolving Loan Lender approves any such amendment, waiver or consent in writing); provided that (i) with respect to any event or circumstance that constituted a Default or Event of Default at the time of any such amendment, waiver or consent, such event or circumstance shall not constitute a Revolver Event of Default unless the Revolving Loan Lender has given notice of the exercise of its rights under Section 7.2(b) of the Loan Agreement within 15 days after written notice of the effectiveness of the amendment, waiver or consent granted or agreed to by the Required Lenders, and (ii) any other event or circumstance shall not constitute a Revolver Event of Default unless the Revolving Loan Lender has advised the Borrower and the Administrative Agent in writing within 15 days after written notice of the effectiveness of the amendment, waiver or consent relating thereto that the Revolving Loan Lender will require compliance with the terms of the Loan Agreement without reference to such amendment, waiver or consent. If notice is required by any term of the Loan Agreement as a condition to the existence of an Event of Default, for purposes of a Revolving Event of Default, notice from the Revolving Loan Lender shall constitute such notice, the term of any such provision to the contrary notwithstanding.
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Examples of Revolver Event of Default in a sentence

  • No amendment, modification or waiver of Section 9.1, any of the financial definitions used in determining compliance with Section 9.1 or this Section 12.22 or waiver of any Revolver Event of Default, may be effected without the consent of the Majority Lenders under the Revolving Facility.

  • No Default or Event of Default shall have occurred and be continuing, and with respect to any advance of Revolving Loans, no Revolver Event of Default or event or occurrence, which, with the passage of time or the giving of notice or both, would become a Revolver Event of Default shall have occurred.

  • No amendment, modification or waiver of Section 9.1, any of the financial definitions used in determining compliance with Section 9.1 or this Section 12.22 or waiver of any Revolver Event of Default, may be effected without the consent of the Majority Revolving Facility Lenders.

  • No Default or Event of Default shall have occurred and be continuing, and with respect to any advance of Revolving Loans, no Revolver Default or Revolver Event of Default, shall have occurred.

  • No Default or Event of Default shall have occurred and be continuing and, with respect to any advance of Revolving Loans, no Revolver Default or Revolver Event of Default, shall have occurred.

  • No amendment, modification or waiver of Section 9.1, any of the financial definitions used in determining compliance with Section 9.1 or this Section 12.22 or waiver of 220 any Revolver Event of Default, may be effected without the consent of the Majority Lenders under the Revolving Facility.

  • This paragraph applies only to the extent that no Unmatured Revolver Event of Default or Revolver Event of Default is existing at the time of such sale.


More Definitions of Revolver Event of Default

Revolver Event of Default means an "Event of Default" under and as defined in the Revolver Credit Agreement.
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Revolver Event of Default means shall mean any Event of Default under Section 10.03 as a result of the Borrowers failing to be in compliance with Section 8.14A, 9.03A, 9.04A, 9.05A, 9.06A, 9.08 or 9.10A.
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Revolver Event of Default shall have the meaning set forth in Section 10.12.
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Revolver Event of Default means an "Event of Default", as such term is defined in the Revolver Loan Agreement.
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Revolver Event of Default means any defined event of default under the Revolver Loan Documents (after giving effect to any applicable grace or cure periods, and after the giving of any required notices).
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Related to Revolver Event of Default

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

  • 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).

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

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

  • Issuer Event of Default means the occurrence of any of the following events: