Accelerated Amortization Event means, as of any date of determination, the occurrence of any of the following:
Accelerated Amortization Event means the Aggregate Outstanding Loan Balance is less than the Aggregate Outstanding Principal Balance of the Notes for a period greater than sixty (60) calendar days.
Accelerated Amortization Event means the occurrence of either of (i) the Aggregate Outstanding Loan Balance shall be less than the Aggregate Outstanding Principal Balance of the Notes for a period greater than 60 calendar days or (ii) any of the Offered Notes shall be outstanding on any Remittance Date after February 20, 2014.
Examples of Accelerated Amortization Event in a sentence
Upon the resignation of the Servicer under the Servicing Agreement or the occurrence and continuance of an Accelerated Amortization Event (other than an Unmatured Event of Default), an Event of Default or a Servicer Event of Default, the Administrative Agent may (with the consent of the Required Lenders) deliver a Servicing Commencement Notice to the Backup Servicer.
More Definitions of Accelerated Amortization Event
Accelerated Amortization Event has the meaning specified in Section 9.02. For the avoidance of doubt, any Accelerated Amortization Event that occurs shall be deemed to be continuing at all times thereafter unless and until waived in accordance with Section 12.01.
Accelerated Amortization Event means the Fleet Owner Cash Flow Ratio, at any time after the end of the 12th month following the end of the Drawdown Period, equals or exceeds 4.0.
Accelerated Amortization Event shall have the meaning set forth in the BBT Credit Agreement as in effect on the date of Closing.
Accelerated Amortization Event has the meaning set forth in Section 7.02 hereof.
Accelerated Amortization Event has the meaning assigned to such term in Section 1.7.
Accelerated Amortization Event shall have the meaning assigned in the documents evidencing the Securitization Transactions.
Accelerated Amortization Event shall have the meaning assigned to such term in the documents evidencing the Securitization Transactions as in effect on the date of Closing.