Common use of Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption Clause in Contracts

Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 2004-B Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 2004-B Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 2004-B Notes, the targeted deposit for the Series 2004-B Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 2004-B Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 2 contracts

Samples: Execution Copy (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

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Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 2004-B [o] Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 2004-B [o] Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 2004-B [o] Notes, the targeted deposit for the Series 2004-B [o] Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 2004-B [o] Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Daimlerchrysler Master Owner Trust

Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 20042003-B A Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 20042003-B A Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 20042003-B A Notes, the targeted deposit for the Series 20042003-B A Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 20042003-B A Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 20042002-B A Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 20042002-B A Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 20042002-B A Notes, the targeted deposit for the Series 20042002-B A Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 20042002-B A Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 2 contracts

Samples: Indenture (Daimlerchrysler Master Owner Trust), Indenture (Daimlerchrysler Master Owner Trust)

Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 20042002-B Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 20042002-B Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 20042002-B Notes, the targeted deposit for the Series 20042002-B Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 20042002-B Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

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Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 20042005-B A Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 20042005-B A Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 20042005-B A Notes, the targeted deposit for the Series 20042005-B A Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 20042005-B A Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 1 contract

Samples: Indenture (Daimlerchrysler Wholesale Receivables LLC)

Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If the Series 2004-B A Notes have been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to the Series 2004-B A Notes occurs during a Monthly Period, or with respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of the Series 2004-B A Notes, the targeted deposit for the Series 2004-B A Notes with respect to the Payment Date following such Monthly Period and each following Payment Date is equal to the Nominal Liquidation Amount of the Series 2004-B A Notes as of the close of business on the last day of the preceding Monthly Period (taking into effect any reallocations on the following Payment Date).

Appears in 1 contract

Samples: Daimlerchrysler Master Owner Trust

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