Pay Out Events definition

Pay Out Events means, for a series of investor certificates (including the collateral certificate), the events described in “Master Trust II-Pay Out Events” in this prospectus and any other events described in the related prospectus supplement.
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Pay Out Events means, for a series of investor certificates (including Series 2001-D), the events described in "Master Trust II—Pay Out Events" in this prospectus and any other events described in the related prospectus supplement.
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Examples of Pay Out Events in a sentence

  • Subject to Clause 6.1, Series Pay Out Events with respect to any Series and each Beneficiary within such Series will be specified in any related Supplement.

  • Section 9.1 Pay Out Events.........................................

  • Subject to Clause 6.1, Investor Pay Out Events with respect to any Related Debt and/or Series will be specified in any related Supplement.

  • Upon the occurrence of any one or more of the Pay Out Events specified in the Indenture all amounts then remaining unpaid on this Note shall become, or may be declared to be, immediately due and payable all as provided therein.

  • In addition to the Pay Out Events specified in Section 9.01 of the Agreement, the Pay Out Events specified in the related Indenture Supplement, as well as the Trust Pay Out Events specified in the Indenture, shall be applicable to each Collateral Series.

  • The Series Pay Out Events applicable to each Collateral Series shall -------- be the Series Pay Out Events specified in the related Indenture Supplement, as well as the Trust Pay Out Events specified in the Indenture.

  • Series Pay Out Events and Events of Default; Servicer Defaults..............4 SECTION 9.

  • Pay Out Events......................................................................................

  • Additional Pay Out Events.................................................................

  • Reports and Statements to Series 2000-4 Certificateholders....................................39 ARTICLE VI TABLE OF CONTENTS continued Page Additional Pay Out Events Section 6.01.

Related to Pay Out Events

  • Pay-Out Event means any Pay-Out Event specified in Section 6.01.

  • Put Event means the occurrence of:

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Triggering Events means Triggering Event I, Triggering Event II and Triggering Event III, collectively.