Funding Period Trigger Event definition

Funding Period Trigger Event. Servicer Default" or other default or breach has occurred. Neither Company nor any Company Subsidiary that is a party to the Securitization Agreements has been required to repurchase any "Lease Contracts" under the terms of the Securitization Agreements.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Funding Period Trigger Event or "Servicer Default" under the Pooling and Servicing Agreements, or any other default or breach by Company or any Company Subsidiary under the Securitization Agreements, has occurred, and neither Company nor any Company Subsidiary has received notice from any other party to the Security Agreements asserting or otherwise indicating that any such "Trigger Event", "Funding Period Trigger Event", "Servicer Default" or other default or breach has occurred. Neither Company nor any Company Subsidiary that is a party to the Securitization Agreements has been required to repurchase any "Lease Contracts" under the terms of the Securitization Agreements.

Funding Period Trigger Event. Any of the following events during the Funding Period:

Examples of Funding Period Trigger Event in a sentence

• No "Trigger Event", "Funding Period Trigger Event" or "Servicer Default" under the Pooling and Servicing Agreements, or any other default or breach by Company or any Company Subsidiary under the Securitization Agreements, has occurred, and neither Company nor any Company Subsidiary has received notice from any other party to the Security Agreements asserting or otherwise indicating that any such "Trigger Event", "Funding Period Trigger Event", "Servicer Default" or other default or breach has occurred.

• Upon any such waiver, such Default or Funding Period Trigger Event or Trigger Event shall cease to exist, and any Event of Default or other consequence arising therefrom shall be deemed to have been cured for every purpose of this Agreement; but no such waiver shall extend to any subsequent or other Default or Funding Period Trigger Event or Trigger Event or impair any right consequent thereon.

More Definitions of Funding Period Trigger Event

Funding Period Trigger Event shall have the meaning specified in the Purchase Agreement.

Funding Period Trigger Event means at any time during the term of the Pooling and Servicing Agreement the failure of any condition described in Subsections 2.04(e)-(j) and (l)-(kk) hereof to be satisfied.