Series Early Amortization Events Sample Clauses

Series Early Amortization Events a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity:
AutoNDA by SimpleDocs
Series Early Amortization Events. (a) Failure to convey Transferred Receivables in the event:
Series Early Amortization Events a. Average Excess Spread Percentage for three consecutive Monthly Periods is less than required Excess Spread Percentage
Series Early Amortization Events. If any one of the following events shall occur with respect to the Investor Certificates:
Series Early Amortization Events. If an Early Amortization Event or any one of the following events shall occur (each, a "SERIES EARLY AMORTIZATION EVENT"):
Series Early Amortization Events. 24 Section 6.02. Trustee's Monitoring Obligations.............................................................26 ARTICLE VII MISCELLANEOUS
Series Early Amortization Events. The Rapid Amortization Commencement Date shall occur without any notice or other action on the part of any party hereto if an “Early Amortization Event” under the Base Indenture occurs.
AutoNDA by SimpleDocs
Series Early Amortization Events. 35 SECTION 11. Series 2004-VFC Termination....................................36 SECTION 12. Ratification of Agreement......................................36 SECTION 13. Counterparts...................................................37
Series Early Amortization Events. If any one of the following events shall occur with respect to the Investor Certificates: failure on the part of the Transferor, the Originator, SRLP or the Parent (i) to make any payment or deposit required by the terms of the Agreement, this Supplement, the Class A Certificate Purchase Agreement, any Purchase Agreement or the Parent Undertaking Agreement, on or before the date occurring two days after the date such payment or deposit is required to be made herein or (ii) to duly to observe or perform any covenant or agreement of the Transferor, SRLP, the Originator or the Parent, as applicable, set forth in the Agreement, this Supplement, the Class A Certificate Purchase Agreement, any Purchase Agreement or the Parent Undertaking Agreement, which continues unremedied for a period of 15 days; or any representation or warranty made by the Transferor, SRLP, the Originator or the Parent in the Agreement, this Supplement, the Class A Certificate Purchase Agreement, any Purchase Agreement or the Parent Undertaking Agreement, or any information contained in a computer file required to be delivered by the Transferor pursuant to Section 2.1 or 2.6 of the Agreement or by SRLP or the Originator pursuant to any parallel section of the applicable Purchase Agreement, shall prove to have been incorrect in any material respect when made or when delivered; provided, however, that a Series Early Amortization Event pursuant to this Section 10(b) of this Supplement shall not be deemed to have occurred hereunder if the Transferor has accepted reassignment of the related Receivable, or all of such Receivables, if applicable, during such period in accordance with the provisions of the Agreement; or a Servicer Default shall occur or the Servicer shall have resigned and shall not have been replaced pursuant to the Agreement; or the Quarterly Excess Spread Percentage for any Distribution Date shall be lower than 1.00%; or the Quarterly Payment Rate for any Distribution Date shall be lower than 8.00%; or a Change of Control shall occur; or the Quarterly Dilution Ratio for any Due Period shall exceed 5.00%; or the Quarterly Charge-Off Ratio for any Due Period shall exceed 15.00%; or there shall have occurred any event which materially and adversely affects the collectibility of the Receivables or the ability of the Transferor to perform its duties and obligations under this Supplement or any other Transaction Document; or the "Purchase Termination Date" (as defined therein) shall h...
Series Early Amortization Events. If any one of the following events shall occur with respect to the Series [_____] Notes:
Time is Money Join Law Insider Premium to draft better contracts faster.