Limited Liquidation Event of Default definition

Limited Liquidation Event of Default means, with respect to any Series of Notes, any event specified as such in the applicable Series Supplement.

Limited Liquidation Event of Default means, the occurrence of any Amortization Event specified in Sections 5.1(a) through (i) and (l) of this Supplement that continues for thirty (30) days (without double counting any cure periods provided for in said Sections); provided, however, that such Amortization Event shall not constitute a Limited Liquidation Event of Default if (i) within such thirty (30) day period, such Amortization Event shall have been cured and (ii) the Series 2004-1 Insurer shall have notified the Trustee in writing that it consents to the waiver of such Amortization Event.

Limited Liquidation Event of Default means: the occurrence and continuance for thirty (30) days (without double counting any cure periods provided for in said Sections) of any Amortization Event specified in Section 5.1 of this Supplement; provided, however, that such Amortization Event shall not constitute a Limited Liquidation Event of Default if, within such thirty (30) day period, the events or conditions causing such Amortization Event shall have been cured or if, at any time, such Amortization Event has been waived pursuant to Section 5.2 of this Supplement.

Examples of Limited Liquidation Event of Default in a sentence

• Upon the occurrence of a Liquidation Event of Default or a Limited Liquidation Event of Default and subject to the provisions of the Related Documents, the Trustee shall have all of the rights and remedies of a secured party, including, without limitation, the rights and remedies granted under the Uniform Commercial Code.

• The Administrative Agent shall not be deemed to have knowledge of any Amortization Event, Potential Amortization Event, Liquidation Event of Default or Limited Liquidation Event of Default unless the Administrative Agent has received notice from HVF, any Conduit Investor, any Committed Note Purchaser or any Funding Agent.

• No Amortization Event, Liquidation Event of Default or Limited Liquidation Event of Default or event which, with the giving of notice or the passage of time or both would constitute any of the foregoing, shall have occurred or be continuing.

• Upon the occurrence of a Liquidation Event of Default or a Limited Liquidation Event of Default and subject to the provisions of the Related Documents and the proviso contained in the immediately preceding sentence, the Trustee shall have all of the rights and remedies of a secured party, including, without limitation, the rights and remedies granted under the Uniform Commercial Code.

• Upon the occurrence of a Liquidation Event of Default or a Limited Liquidation Event of Default and subject to the provisions of the Related Documents, the Trustee shall have all of the rights and remedies of a secured party, including, without limitation, the rights and remedies granted under the UCC.

More Definitions of Limited Liquidation Event of Default

Limited Liquidation Event of Default with respect to each Group VII Series of Notes, has the meaning given to it in the applicable Series Supplement.

Limited Liquidation Event of Default means, with respect to any Series of HVIF Notes, any event specified as such in the applicable HVIF Series Supplement.

Limited Liquidation Event of Default means, so long as such event or condition continues, (a) any event or condition of the type specified in Section 9.1(c) of the Base Indenture or clauses (a), (c), (d), (g), (h), (i), (j), (k), (m), (p) or (r) of Article IV of this Series Supplement that continues for thirty (30) days (without double counting the cure period, if any, provided therein), or (b) any event or condition of the type specified in clauses (b), (e), or (q) of Article IV of this Series Supplement.

Limited Liquidation Event of Default means, so long as such event or condition continues, (a) any event or condition of the type specified in Section 9.1(c) of the Base Indenture or clauses (a), (c), (d), (g), (h), (i), (j), (k), (n), (o), (p), (t), (u), (v) or (w) of Article IV of this Series Supplement that continues for thirty (30) days (without double counting the cure period, if any, provided therein), (b) any event or condition of the type specified in clause (q) of Article IV of this Series Supplement if and when the applicable Amortization Event under the related Existing Series Supplement constitutes a Limited Liquidation Event of Default (as defined in the related Existing Series Supplement) with respect to such Existing Series of Notes and Noteholders under such Existing Series of Notes have directed the Trustee to commence (either through its agents or otherwise) or cause the commencement of the liquidation or other disposition of any HVF Vehicles as a result of such Limited Liquidation Event of Default or (c) any event or condition of the type specified in clauses (b), (e), or (f) of Article IV of this Series Supplement.

Limited Liquidation Event of Default means a Limited Liquidation Event of Default (as defined in the Base Indenture) with respect to any Group I Series of Notes.

Limited Liquidation Event of Default means, with respect to the Series 1999-1 Notes, so long as such event or condition continues, any event or condition of the type specified in Section 5.1 of this Supplement that continues for thirty (30) days (without double counting the five (5) Business Day cure period provided for in said Section 5.1); provided, however, that an event or condition of the type specified in Section 5.1(a), (b) or (c) shall not constitute a Limited Liquidation Event of Default if (i) within such thirty (30) day period, DTAG shall have contributed a portion of the Retained Interest or reallocated Eligible Vehicles from the Retained Interest to the Series 1999-1 Available Subordinated Amount in accordance with Section 4.7(d)(v) of this Supplement sufficient to cure the Series 1999-1 Enhancement Deficiency and (ii) the Rating Agencies shall have notified RCFC, DTAG and the Trustee in writing that after such cure of such Series 1999-1 Enhancement Deficiency is provided for, the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes will each receive the same rating from the Rating Agencies as they received immediately prior to the occurrence of such Series 1999-1 Enhancement Deficiency.

Limited Liquidation Event of Default means, the occurrence and continuance for thirty