Liquidity Provider Termination Event means the occurrence of a “Termination Event” under the Reimbursement Agreement.
Liquidity Provider Termination Event. ' means the occurrence of a ""Reimbursement Event of Default'' under the Reimbursement Agreement.
Liquidity Provider Termination Event means the occurrence of either (a) an Event of Default hereunder, or (b) a Mode Reset Failure under Section 3.20.
Examples of Liquidity Provider Termination Event in a sentence
Freddie Mac shall also have the right to provide notice to the Administrator of a Liquidity Provider Termination Event, in which event the funds advanced by Freddie Mac to purchase Class A Certificates shall be a Credit Advance and immediately due and payable hereunder.
To the extent provided in each Series Certificate Agreement, Freddie Mac shall also have the right (but only if a Remedy Event is also a Termination Event hereunder) to provide notice to the Administrator of a Liquidity Provider Termination Event, in which event the funds advanced by Freddie Mac to purchase Class A Certificates shall be a Credit Advance and immediately due and payable hereunder.
More Definitions of Liquidity Provider Termination Event
Liquidity Provider Termination Event. ' means the occurrence of an ""Kvent of Default'' under the Reimbursement Agreement.
Liquidity Provider Termination Event means the occurrence of either (a) an Event of Default under the Reimbursement Agreement or (b) if at the end of a liquidity pricing period under the Reimbursement Agreement the Sponsor fails to (i) accept new pricing for such liquidity as and to the extent offered by Freddie Mac, (ii) fund a Release Event on an available Optional Series Termination Date, or (iii) convert the interest rate mode on the Class A Certificates to a Term Reset Rate.
Liquidity Provider Termination Event means, when the Class A Certificates are bearing interest in a Reset Rate Method, the occurrence of an “Event of Default” under the Reimbursement Agreement.