Servicing Events of Default Sample Clauses

Servicing Events of Default. If a Master Servicer other than Xxxxxx Mae is serving as such, the following events are “Servicing Events of Default” with respect to a Trust:
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Servicing Events of Default. (a) If any one of the following events ("Servicing Events of Default") shall occur and be continuing:
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Servicing Events of Default. An “Event of Default” shall have occurred under, and as defined in, the Servicing Agreement, except such an Event of Default under Sections 5.3(a)(iii) and 5.3(a)(iv) of the Servicing Agreement.
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Servicing Events of Default. 83 Section 6.02. Indenture Trustee to Act; Appointment of Successor....................................86 Section 6.03. Waiver of Servicing Events of Default.................................................87 Section 6.04. Additional Remedies of the Owner Trust and the Indenture Trustee upon a Servicing Event of Default.............................................87
Sample 1

Related to Servicing Events of Default

  • Servicer Events of Default (a) The following events shall each constitute a "Servicer Event of Default" hereunder:

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Liquidity Events of Default If (a) any Liquidity Event of Default has occurred and is continuing and (b) there is a Performing Note Deficiency, the Liquidity Provider may, in its discretion, deliver to the Borrower a Termination Notice, the effect of which shall be to cause (i) the obligation of the Liquidity Provider to make Advances hereunder to expire on the fifth Business Day after the date on which such Termination Notice is received by the Borrower, (ii) the Borrower to promptly request, and the Liquidity Provider to promptly make, a Final Advance in accordance with Section 2.02(d) hereof and Section 3.6(i) of the Intercreditor Agreement, (iii) all other outstanding Advances to be automatically converted into Final Advances for purposes of determining the Applicable Liquidity Rate for interest payable thereon, and (iv) subject to Sections 2.07 and 2.09 hereof, all Advances (including, without limitation, any Provider Advance and Applied Provider Advance), any accrued interest thereon and any other amounts outstanding hereunder to become immediately due and payable to the Liquidity Provider.

  • Events of Default Any of the following shall constitute an Event of Default:

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