Purchase Termination Event definition

Purchase Termination Event shall occur under (and as defined in) the Purchase Agreement;

Purchase Termination Event shall have the meaning assigned in Section 7.01 of the Receivables Sale Agreement.

Purchase Termination Event shall have the meaning set forth in Section 7.01 hereof.

Examples of Purchase Termination Event in a sentence

• The Servicer's failure to deposit the Reacquisition Price shall not constitute a Purchase Termination Event hereunder.

• In order to comply with Waste Management Division Submittal Guidelines, located at http://des.nh.gov/organization/divisions/waste/orcb/documents/electronic_submittal_guidelines.pdf , the Department requests that all EPA sampling results be submitted to our Environmental Monitoring Database (EMD) through One Stop in an excel format at this web address.

• The algorithm uses load balancing to increase the resource utilization ,at the same time meeting user's requirements.

• The consolidated financial statement reports an equity capital amounting to EUR 12,830,614.

• The Performance Guarantor waives notice of acceptance of this Guaranty, notice of any action taken or omitted by any Guarantied Party in reliance on this Guaranty, and any requirement that any Guarantied Party be diligent or prompt in making demands under this Guaranty, giving notice of any Purchase Termination Event or Servicer Default (so long as Cartus is the Servicer) or asserting any other rights of any Guarantied Party under this Guaranty.

More Definitions of Purchase Termination Event

Purchase Termination Event has the meaning specified in Section 6.01.

Purchase Termination Event has the meaning set forth in Section 5.01.

Purchase Termination Event shall occur under (and as defined in) the Receivables Sale Agreement with respect to (x) three or more Originators or (y) Originators whose Receivables constitute 25% or more of the aggregate Outstanding Balance of all Pool Receivables;

Purchase Termination Event means any failure to satisfy the condition set forth in Section 5.02.

Purchase Termination Event means a “Termination Event” under (and as defined in) the Purchase Agreement.

Purchase Termination Event. As defined in Section 7.1.

Purchase Termination Event means the occurrence of any of the following events, to the extent that the Issuer has actual knowledge or has been given written notice of such event: (a) a Material Adverse Change in the condition of such Originator has occurred and is continuing; (b) an Event of Bankruptcy has occurred with respect to such Originator; (c) such Originator shall fail to pay, or shall default in the payment of, any principal or premium or interest on any Indebtedness beyond any applicable grace period, or such Originator shall breach or default with respect to any other term of any evidence of any Indebtedness, or of any loan agreement, mortgage, indenture or other agreement relating thereto, if such failure, default or breach continues beyond any applicable grace period, if the effect of such failure, default or breach (i) is to cause the holder or holders of that Indebtedness (or a trustee on behalf of such holder or holders) to cause that Indebtedness to become or be declared due prior to its stated maturity or (ii) would permit the holder of such Indebtedness to accelerate the maturity of such Indebtedness and if the amount of the Indebtedness involved in all such failures, defaults and breaches is greater than $100,000; (d) one or more judgments for the payment of money in an aggregate amount in excess of $100,000 shall be rendered against such Originator and the same shall remain undischarged for a period of thirty (30) consecutive days during which execution shall not be effectively stayed or a satisfactory bond against such judgment shall not have been posted, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of such Originator to enforce any such judgment and a bond shall not have been posted; or (e) a "Termination Date" shall occur under any Purchase and Sale Agreement.