Early Amortisation Event definition

Early Amortisation Event means any of the following:

Early Amortisation Event means any of the events set out in Article 13 (Early Amortisation).

Early Amortisation Event means the first to occur of:

Examples of Early Amortisation Event in a sentence

• Upon the occurrence of an Early Amortisation Event or at the end of the Revolving Period, the Accumulation Account shall be closed on the subsequent Payment Date and any amounts standing to the credit of the Accumulation Account shall be transferred to the Distribution Account.

• Upon the occurrence of an Early Amortisation Event, an Enforcement Event or the end of the Revolving Period, the Accumulation Account shall be closed on the subsequent Payment Date and any amounts on deposit in the Accumulation Account (other than interest earned on the Accumulation Account) shall be transferred on the subsequent Payment Date to the Distribution Account.

• Further, since the Notes involve replenishment structure, the investors may also face the prepayment risk arising from the early termination of the Revolving Period, for instance, if the assets of the Originator available for the replenishment are insufficient to support the replenishment, the Early Amortisation Event may be triggered and the Notes will early amortize, which would give rise to prepayment risks to the investors.

• Provided that such failure by the Collection Agent does not last longer than two consecutive Settlement Periods and the provisions of this Clause 12(D) are complied with, such failure shall not by itself constitute an Early Amortisation Event.

• As at the Note Issuance Date, the Replenishment Period will commence on (but excluding) the Note Issuance Date and end on (i) the Payment Date falling in the 12th month after the Note Issuance Date (inclusive) or, if earlier, (ii) the date on which an Early Amortisation Event occurs (exclusive).

More Definitions of Early Amortisation Event

Early Amortisation Event means the occurrence of any of the following events during the first thirty-six (36) months after the Note Issuance Date:

Early Amortisation Event has the meaning set out in Schedule 3 to this Agreement;

Early Amortisation Event means any of the events or circumstances set out below:

Early Amortisation Event means any of the following events:

Early Amortisation Event means one or more of the following events occurring:

Early Amortisation Event means the occurrence of any of the following events:

Early Amortisation Event has the meaning given to it in Clause 6.1 (Early Amortisation Events) of the Receivables Transfer Agreement.