Additional Pay Out Events Sample Clauses

Additional Pay Out Events. If any one of the following events shall occur with respect to the Series 2002-CC Certificate:
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Additional Pay Out Events. If any one of the following ------------------------- events shall occur with respect to the Series 1998-1 Certificates:
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Additional Pay Out Events. If any one of the following events shall occur with respect to Series 1998-A:
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Additional Pay Out Events. If any one of the following events shall occur with respect to the Series 2001-5 Certificates:
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Additional Pay Out Events. If any one of the following events shall occur with respect to Series [__________]:
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Additional Pay Out Events. In the event that the Issuer issues another Series of variable funding notes with a maximum principal balance in excess of $100,000,000 that contains a Pay Out Event for either a downgrade of the credit rating of Nordstrom, Inc. or the breach of a financial covenant relating to Nordstrom, Inc., then the Issuer shall (i) notify each Class A Agent of the issuance of such Series within 5 Business Days following the issuance of such Series and (ii) within 30 calendar days of notice by a Class A Agent amend the Series 2007-A Indenture Supplement to include identical Pay Out Events. If an amendment is requested by a Class A Agent, failure by the Issuer to so amend the 2007-A Indenture Supplement within such time period shall result in a Pay Out Event for Series 2007-A.
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Additional Pay Out Events. If any one of the following events shall occur with respect to Series 1996-C: (a) failure on the part of either Transferor (i) to make any payment or deposit required by the terms of the Agreement or this Supplement on or before the date occurring five Business Days after the date such payment or deposit is required to be made therein or herein or (ii) duly to observe or perform any other covenants or agreements of such Transferor set forth in the Agreement or this Supplement, which failure has a material adverse effect on the Series 1996-C Holders and which continues unremedied for a period of 60 days after the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Transferors by the Trustee, or to the Transferors and the Trustee by any Series 1996-C Holder and continues to materially and adversely affect the interests of the Series 1996-C Holders for such period; (b) any representation or warranty made by either Transferor in the Agreement or this Supplement, or any information contained in a computer file or microfiche list required to be delivered by such Transferor pursuant to Section 2.01 or 2.09(f) of the Agreement, shall prove to have been incorrect in any material respect when made or when delivered, which continues to be incorrect in any material respect for a period of 60 days after the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Transferors by the Trustee, or to the Transferors and the Trustee by any Series 1996-C Holder and as a result of which the interests of the Series 1996-C Holders are materially and adversely affected and continue to be materially and adversely affected for such period; PROVIDED, HOWEVER, that a Pay Out Event pursuant to this Section 6.1(b) shall not be deemed to have occurred hereunder if such Transferor has accepted reassignment of the related Receivable or all such Receivables, if applicable, during such period (or such longer period as the Trustee may specify) in accordance with the provisions of the Agreement;
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Additional Pay Out Events. If any one of the following events (each, a "Series Pay Out Event") shall occur with respect to Series 1998-1:
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Additional Pay Out Events 
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Related to Additional Pay Out Events

  • Pay Out Events If any one of the following events shall occur with respect to the Series 2023-4 Certificates:

  • Amortization Events The occurrence of any one or more of the following events shall constitute an Amortization Event:

  • Amortization Events or Potential Amortization Events The occurrence of each Amortization Event and each Potential Amortization Event, by a statement of an Authorized Officer of such Seller Party.

  • Additional Amortization Events If any one of the following events shall occur:

  • Payments Following a Sequential Pay Event Payments of interest and principal shall be made to the Noteholders in accordance with Section 3 of this Agreement; provided that, if a Sequential Pay Event, as determined by the applicable Servicer and as set forth in the Servicing Agreement, shall have occurred and be continuing, all amounts tendered by the Mortgage Loan Borrower or otherwise available for payment on or with respect to or in connection with the Mortgage Loan or the Mortgaged Property or amounts realized as proceeds thereof (including, without limitation, amounts received by the Master Servicer or Special Servicer pursuant to the Servicing Agreement as reimbursements on account of recoveries in respect of Advances), whether received in the form of Monthly Payments, Balloon Payment, Liquidation Proceeds, proceeds under any guaranty or indemnity, letter of credit or other collateral or instrument securing the Mortgage Loan or Insurance and Condemnation Proceeds (other than proceeds, awards or settlements to be applied to the restoration or repair of the Mortgaged Property or released to the Mortgage Loan Borrower in accordance with the terms of the Mortgage Loan Documents, to the extent permitted by the REMIC Provisions), but excluding (x) all amounts for reserves or escrows required by the Mortgage Loan Documents deemed appropriate by the Servicer in accordance with the Servicing Standard to continue to be held as reserves or escrows or received as reimbursements on account of recoveries in respect of Advances then due and payable or reimbursable to any Servicer under Servicing Agreement and (y) all amounts that are then due, payable or reimbursable to any Servicer, Securitization Operating Advisor, Certificate Administrator, Asset Representations Reviewer or Trustee with respect to this Mortgage Loan pursuant to the Servicing Agreement with respect to the Mortgage Loan, shall be applied by the Senior Noteholder (or its designee) and distributed by the Servicer for payment in the following order of priority without duplication (and payments shall be made at such times as are set forth in the Servicing Agreement):

  • Events of Default Acceleration Etc 105 §12.1 Events of Default and Acceleration 105 §12.2 Limitation of Cure Periods 107 §12.3 Termination of Commitments 108 §12.4 Remedies 108 §12.5 Distribution of Collateral Proceeds 108 §13. SETOFF 000 §00. THE AGENT 110 §14.1 Authorization 110 §14.2 Employees and Agents 110 §14.3 No Liability 111 §14.4 No Representations 111 §14.5 Payments 112 §14.6 Holders of Notes 113 §14.7 Indemnity 113 §14.8 Agent as Lender 114 §14.9 Resignation 114 §14.10 Duties in the Case of Enforcement 115 §14.11 Request for Agent Action 115 §14.12 Removal of Agent 115 §14.13 Bankruptcy 000 §00. EXPENSES 116 §16. INDEMNIFICATION 117 §17. SURVIVAL OF COVENANTS, ETC 118 §18. ASSIGNMENT AND PARTICIPATION 118 §18.1 Conditions to Assignment by Lenders 118 §18.2 Register 120 §18.3 New Notes 120 §18.4 Participations 121 §18.5 Pledge by Lender 121 §18.6 No Assignment by Borrower 121 §18.7 Cooperation; Disclosure 121 §18.8 Mandatory Assignment 122 §18.9 Co-Agents 123 §18.10 Treatment of Certain Information; Confidentiality 123 §18.11 Withholding Tax 123 §19. NOTICES 125 §20. RELATIONSHIP 000 §00. GOVERNING LAW; CONSENT TO JURISDICTION AND SERVICE 127 §22. HEADINGS 000 §00. COUNTERPARTS; INTEGRATION; EFFECTIVENESS; ELECTRONIC EXECUTION 128 §24. ENTIRE AGREEMENT, ETC. 000 §00. WAIVER OF JURY TRIAL AND CERTAIN DAMAGE CLAIMS 000 §00. DEALINGS WITH THE BORROWER 129 §27. CONSENTS, AMENDMENTS, WAIVERS, ETC. 000 §00. SEVERABILITY 132 §29. NO UNWRITTEN AGREEMENTS 000 §00. ACKNOWLEDGMENT OF INDEMNITY OBLIGATIONS 000 §00. REPLACEMENT OF NOTES 000 §00. TIME IS OF THE ESSENCE 000 §00. RIGHTS OF THIRD PARTIES 000 §00. GUARANTY 133 §34.1 The Guaranty 133 §34.2 Obligations Unconditional 134 §34.3 Reinstatement 135 §34.4 Certain Waivers 135 §34.5 Remedies 135

  • Acceleration Events Each of the following events shall constitute an “Acceleration Event”:

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Additional Termination Events The following Additional Termination Events will apply:

  • Events of Acceleration The entire unpaid principal balance of this Note, together with all accrued and unpaid interest, shall become immediately due and payable prior to the specified due date of this Note upon the occurrence of one or more of the following events:

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