Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.
extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;
Reduction Notice has the meaning set forth in Section 1.3.
Extension Option shall have the meaning set forth in Section 2.5(c) hereof.
Replacement Option has the meaning ascribed thereto in Section 2.2(f);
Renewal Option has the meaning set forth in §12.1.
Aggregate Reduction has the meaning specified in Section 1.3.
Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.
Elected Amount has the meaning set forth in the definition of “Consolidated Secured Debt Ratio.”
First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.
Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.
Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.
Allocable Excess Proceeds will mean the product of:
Commitment Reduction Notice has the meaning given that term in Section 2.13.
Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;
Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.
Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.
Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.
Top-Up Option has the meaning set forth in Section 1.4(a).
Reduction Amount has the meaning set forth in Section 2.05(b)(viii).
Subordinate Reduction Amount With respect to any Payment Date, the sum of the Scheduled Principal, Unscheduled Principal and Recovery Principal for such Payment Date, less the Senior Reduction Amount.
Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;
Early Termination Notice is defined in Section 4.2 of this Agreement.
FX Reduction Amount is defined in Section 2.1.3.
Option Period means the period during which an Option may be exercised.
Appraisal Reduction Amount shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.