PARCO Termination Event definition

PARCO Termination Event means that the providers of PARCO's program liquidity and/or letter of credit facilities shall have given notice that an event of default has occurred and is continuing under their respective agreements with PARCO.
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PARCO Termination Event shall have the meaning assigned such term in the Series 2000-1 Asset Purchase Agreement.
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PARCO Termination Event means that any Program Support Provider with respect to PARCO shall have given notice that an event of default has occurred and is continuing under its agreement with PARCO.
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Examples of PARCO Termination Event in a sentence

  • From time to time prior to the Commitment Expiry Date, PARCO may, and on the Commitment Expiry Date or upon the occurrence of a PARCO Termination Event, PARCO shall be obligated to deliver a Sale Notice to the Funding Agent.

  • The Purchase Amount set forth in any Sale Notice delivered by PARCO on the Commitment Expiry Date or upon the occurrence of a PARCO Termination Event shall equal the PARCO Net Investment.

  • The Series 2000-1 Purchase Amount set forth in the Sale Notice delivered by the Series 2000-1 Initial Purchaser on the Series 2000-1 Commitment Termination Date or upon the occurrence of a PARCO Termination Event shall equal 100% of the PARCO Interest.

  • Such other information (including non-financial information) as Administrative Agent (at the request of either Funding Agent) may from time to time reasonably request with respect to the Contributor, the Borrower or any Subsidiary of any of the foregoing; provided that after a PARCO Termination Event such information shall also be provided to each of the PARCO APA Banks at each such PARCO APA Bank’s expense.


More Definitions of PARCO Termination Event

PARCO Termination Event means that the providers of the Initial Purchaser's program liquidity and/or letter of credit facilities shall have given notice to the Initial Purchaser that an event of default has occurred and is continuing under their respective agreements with the Initial Purchaser.
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