Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 788 contracts
Samples: Interest Rate Swap Agreement (Carmax Auto Funding LLC), Isda Master Agreement (Toyota Auto Finance Receivables LLC), Isda Master Agreement (BMW Fs Securities LLC)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality illegality and will not constitute an Event of Default.
Appears in 11 contracts
Samples: Isda Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He2), Isda Master Agreement (Sasco 2007-Bnc1), Isda Master Agreement (BNC Mortgage Loan Trust 2007-1)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event Event-of Default.
Appears in 10 contracts
Samples: Interest Rate Swap Agreement (Vw Credit Leasing LTD), Interest Rate Swap Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Interest Rate Swap Agreement (Vw Credit Leasing LTD)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as is an Illegality and will not constitute an Event of Default.
Appears in 4 contracts
Samples: Isda Master Agreement (Magnetek Inc), Isda Master Agreement (Conseco Inc), Isda Master Agreement (Seacor Smit Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 3 contracts
Samples: Master Agreement (National Steel Co), Isda Master Agreement (Gracechurch Receivables Trustee LTD), Master Agreement (Turbochef Technologies Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 3 contracts
Samples: Isda Master Agreement (Toyota Auto Lease Trust 1998 C), Master Agreement (American Honda Receivables Corp), Isda Master Agreement (Toyota Motor Credit Corp)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, Illegality it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 2 contracts
Samples: Rego Trading Master Agreement, Interest Rate and Currency Exchange Agreement (Cogen Technologies Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise otherwise5 constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 2 contracts
Samples: Isda Master Agreement (MACRO Securities Depositor, LLC), Isda Master Agreement (MACROshares Oil Up Tradeable Trust)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give Give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Samples: Isda Master Agreement (Cmgi Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. --------------------------------------------------------------------------------
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. 7 8
Appears in 1 contract
Event of Default and Illegality. If an any event or circumstance which would otherwise constitute or give rise rise. to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not not. constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or of circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. ISDAÒ 1992
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. 7 ISDA 1992
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give orgive rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute notconstitute an Event of Default.
Appears in 1 contract
Samples: Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. 7 ISDA 'r' 1992
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality an, illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. 5
Appears in 1 contract
Samples: Master Agreement (Franklin Credit Management Corp/De/)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of or Default.
Appears in 1 contract
Samples: Isda Master Agreement (Alpha Technologies Group Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality illegality and will not constitute an Event of Default.
Appears in 1 contract
Samples: Isda Master Agreement (New America High Income Fund Inc)
Event of Default and Illegality. If an event or circumstance which that would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If In an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
