Rapid Amortization Event definition

Rapid Amortization Event has the meaning given to it in Section 5.16.
Rapid Amortization Event has the meaning specified in Section 9.1 of the Base Indenture.
Rapid Amortization Event. As defined in Section 11.01.

Examples of Rapid Amortization Event in a sentence

  • Promptly upon a Responsible Officer of the Servicer becoming aware thereof (or, if the Backup Servicer is acting as Successor Servicer, promptly upon a Responsible Officer of the Servicer having actual knowledge thereof), the Servicer shall furnish to the Trustee, the Backup Servicer and the Rating Agency notice of the occurrence of any Rapid Amortization Event.


More Definitions of Rapid Amortization Event

Rapid Amortization Event. Any one of the following events:
Rapid Amortization Event means the occurrence of any of the following:
Rapid Amortization Event means any event specified in Section 9.01 of the Pooling and Servicing Agreement or in Section 17 hereof.
Rapid Amortization Event with respect to a Series, is defined in the related Series Supplement, if applicable.
Rapid Amortization Event. Any of those "Rapid Amortization Events" described in Section 12.1 of the Indenture.
Rapid Amortization Event means, with respect to the Series 2022-1 Notes, that the aggregate Outstanding Principal Balance of the Series 2022-1 Notes (after all payments on the Series 2022-1 Notes on the applicable Payment Date) exceeds zero on the Payment Date falling in January 2029.
Rapid Amortization Event wherever used herein, means any one of the following events: