Trust Early Amortization Event Sample Clauses

Trust Early Amortization Event. As of the Initial Issuance Date for any Series, no Trust Early Amortization Event and no condition that with the giving of notice and/or the passage of time would constitute a Trust Early Amortization Event, has occurred and is continuing.
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Trust Early Amortization Event. The occurrence of any of the events or conditions set forth in Section 1201 hereof.
Trust Early Amortization Event. As of any date of determination, the existence of any one of the following events or conditions:
Trust Early Amortization Event. No Trust Early Amortization Event has occurred or is continuing. The representations and warranties set forth in this Section 3.03 shall survive the Transfer of the Receivables to the Trust and the issuance of the Certificates, and shall cease and be of no effect upon the indefeasible repayment in full of the Invested Amount of the last outstanding Series and all other obligations of the Transferor hereunder. Upon a discovery by the Transferor, the Servicer or the Trustee of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give prompt written notice to the other parties and to each Enhancement Provider, if any. The Trustee's obligations in respect of any such breach are limited as provided in Section 11.02(g).
Trust Early Amortization Event. The parties hereto agree that nothing contained in this Agreement shall in any manner expand the obligations of Dell under the Servicing Undertakings beyond the covenants, agreements and undertakings of the Servicer under Sections 3.02, 3.04 and 11.05 of the Pooling and Servicing Agreement.
Trust Early Amortization Event. Section 1201.
Trust Early Amortization Event. No Trust Early Amortization Event has occurred or is continuing. Each Successor Servicer, by acceptance of its appointment hereunder, shall, as of the date of such appointment and, with respect to any Series issued after such date, as of the date of the related Supplement and the related Initial Issuance Date, make substantially similar representations and warranties as those contained above. The representations and warranties set forth in this Section 3.03 shall survive the Transfer of the Receivables to the Trust and the issuance of the Certificates, and shall cease and be of no effect upon repayment in full of the Invested Amount of the last outstanding Series and all other obligations of the Transferor hereunder. Upon a discovery by the Transferor, the Servicer or the Trustee of a material breach of any of the foregoing representations and warranties, the party discovering such breach shall give prompt written notice to the other parties. The Trustee's obligations in respect of any such breach are limited as provided in Section 11.02(g).
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Related to Trust Early Amortization Event

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

  • Rapid Amortization Events If any one of the following events occurs during the Managed Amortization Period:

  • 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:

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • Servicer Termination Event For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

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