Master Servicer Termination Event means any of the events set out under clause 8.1.1 of each Master Servicing Agreement, which allows the Guarantor to terminate the Master Servicer's appointment and to appoint a Substitute Master Servicer pursuant to the Master Servicing Agreement.

Master Servicer Termination Event means an event specified in Section 10.1.

Master Servicer Termination Event shall have the meaning set forth in Section 10.01.

Examples of Master Servicer Termination Event in a sentence

The Successor Master Servicer shall be subject to termination under Section 10.2 upon the occurrence of any Master Servicer Termination Event applicable to it as Master Servicer.
If a Master Servicer Termination Event shall arise from the failure of the Master Servicer to perform any of its duties or obligations under the Master Sale and Servicing Agreement with respect to the Receivables, the Issuer shall take all reasonable steps available to it to remedy such failure.
Upon any waiver of a past default, such default shall cease to exist and any Master Servicer Termination Event arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.
Upon any such waiver of a past default, such default shall cease to exist, and any Master Servicer Termination Event arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.
Upon the occurrence of any Master Servicer Termination Event or any Servicer Termination Event, the Master Servicer or Servicer, as applicable, shall give prompt written notice thereof to the Trustee and the Trustee shall give notice to the Investor Certificateholders.

More Definitions of Master Servicer Termination Event

Master Servicer Termination Event means any of the events set out under clause 8.1 (Casi di revoca del mandato del Master Servicer) of the Master Servicing Agreement, which allows the Guarantor to terminate the Servicer's appointment and appoint a Substitute Servicer pursuant to the Master Servicing Agreement.

Master Servicer Termination Event. Any event specified in Section 10.01.

Master Servicer Termination Event means any of the following events:

Master Servicer Termination Event any failure by the Master Servicer to deposit into the Collection Account any proceeds or payment required to be so delivered under the terms of this Agreement that continues unremedied for a period of five Business Days after written notice is received by the Master Servicer or after discovery of such failure by a Responsible Officer of the Master Servicer;

Master Servicer Termination Event has the meaning set forth in Section 6.1(a).

Master Servicer Termination Event means any of the events referred to in item (g) and (h) of the definition of "Servicer Termination Event", in each case

Master Servicer Termination Event. As defined in Section 4.01(a) of the Servicing Agreement.