Specified Events definition

Specified Events means loss or damage directly caused by the following events (a) to (r):

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Specified Events means the occurrence of any of the following events, within the meaning of the Rule, with respect to the Bonds, as applicable: principal and interest payment delinquencies; non-payment related defaults; unscheduled draws on debt service reserves reflecting financial difficulties; unscheduled draws on credit enhancements reflecting financial difficulties; substitution of credit or liquidity providers, or their failure to perform; adverse tax opinions or events affecting the tax-exempt status of the Bonds; modifications to rights of holders or beneficial owners of the Bonds; Bond calls; defeasances; release, substitution, or sale of property securing repayment of the Bonds; and rating changes. The repayment of the Bonds is not secured by a lien on any property capable of release or sale or for which other property may be substituted.

Specified Events means the occurrence of any of the following events, within

Examples of Specified Events in a sentence

Upon the expiration of the Requested Waiver, the Specified Events of Defaults shall constitute an immediate Event of Default under the Credit Agreement.
For the avoidance of doubt and notwithstanding anything herein to the contrary, during the period in which the Requested Waiver is in effect, to the extent any provision of the Credit Agreement or any other Loan Document is qualified by, or requires the absence of, any Default or Event of Default, a Default or Event of Default shall be deemed to have occurred for purposes of such provisions as a result of the Specified Events of Default notwithstanding the Requested Waiver.
Upon giving effect to this Agreement, there shall be no Default or Event of Default (other than the Specified Events of Default).
As a result, the Obligors requested that the Lenders forbear with respect to the Specified Forbearance Termination Event in addition to the Specified Events of Default and requested certain other modifications to the Forbearance Agreement.
Each such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrower under this Agreement, but shall be immediately released and returned to the Borrower (in no event later than two (2) Business Days) once all Specified Events of Default are cured or waived.

More Definitions of Specified Events

Specified Events means any of the events specified in SEC Rule Section (b)(5)(i)(C), as in effect and applicable to the Street Improvement Notes at the time of the primary offering of the Street Improvement Notes.

Specified Events means any of the events with respect to the Bonds as set forth in Section 5(a).

Specified Events means any of the following, within the meaning of the Rule, with respect to the Series 2022C Bonds as applicable: principal and Interest payment delinquencies; non- payment related defaults, if material; unscheduled draws on debt service reserves or on credit enhancements (Credit Enhancement Facility) reflecting financial difficulties; substitution of credit or liquidity providers (Credit Enhancement Facility providers), or their failure to perform; adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Series 2022C Bonds, or other material events affecting the tax status of the Series 2022C Bonds; modifications to rights of Series 2022C Registered Owners or beneficial owners, if material; Series 2022C Bond calls, if material, and tender offers; defeasances; release, substitution or sale of property securing repayment of the Series 2022C Bonds, if material; rating changes; bankruptcy, insolvency, receivership or similar event of the Obligated Person; consummation of a merger, consolidation or acquisition involving an Obligated Person or the sale of all or substantially all of the assets of the Obligated Person, other than in the ordinary course of business, or the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material; appointment of a successor or additional trustee or the change of name of a trustee, if material; incurrence of a Financial Obligation of the Obligated Person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a Financial Obligation of the Obligated Person, any of which affect Series 2022C Bond holders, if material; and default, event of acceleration, termination event, modification of terms, or other similar events under the terms of the Financial Obligation of the Obligated Person, any of which reflect financial difficulties. There are initially no credit or liquidity providers or debt service reserves applicable to the Series 2022C Bonds, or any property (except the Special Funds) securing repayment of those Bonds, and there is no trustee for the Series 2022C Bonds.

Specified Events means any of the events specified in SEC Rule Section (b)(5)(i)(C), as in effect and applicable to the Street Resurfacing Notes at the time of the primary offering of the Street Resurfacing Notes.

Specified Events means the list of specific events that the Issuer is required by each CDA to report on EMMA very promptly, usually within ten days. “Specified Events” are often referred to as “material events.”

Specified Events means any corporate actions, legal proceedings or other procedures or steps being taken in relation to:

Specified Events has the meaning set forth in Section 5.12.

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