Early Amortisation Event definition
Examples of Early Amortisation Event in a sentence
For the avoidance of doubt, any Potential Early Amortisation Event shall not constitute an Early Amortisation Event if a suitable agreement between the Parties has been reached within the grace period (if any) provided for the related Early Amortisation Event in Article 11.3.
Upon knowledge by the Purchaser of the occurrence of an Early Amortisation Event and provided such Early Amortization Event has not been waived and as soon as the Purchaser has determined that such an occurrence shall entail the occurrence of the Commitment Expiry Date, a Purchaser's Termination Notice may be sent forthwith.
By way of further exception to the foregoing, if an Early Amortisation Event set forth in Article 11.3(iii), 11.3(iv), 11.3(v), 11.3(vi), 11.3(ix), 11.3(x), 11.3(xi) and 11.3(xiii) occurs exclusively in relation to certain but not all Sellers, the Purchaser shall give notice thereof to the relevant Seller(s) and the Centralising Unit.