Examples of Restricting Event in a sentence
No Event of Default or Restricting Event has occurred during the reporting period and none is continuing as at the end of the reporting period.
The provisions of this Section 2.9 shall apply during the term of this Agreement after the occurrence of a Restricting Event.
The provisions of this Section 2.8 shall apply during the term of this Agreement after the occurrence of a Payout Event provided that no Restricting Event has occurred.
The Servicer will submit to the Purchaser, within 120 days of the end of each of its fiscal years, commencing June 30, 1998 audited financial statements (including an analysis of delinquencies and losses for each fiscal year describing the causes thereof and sufficient to determine whether a Restricting Event has occurred or is reasonably likely to occur and otherwise reasonably satisfactory to the Deal Agent) as of the end of each such fiscal year.
The Deal Agent shall not be deemed to have knowledge of any Restricting Event unless the Deal Agent has received notice from the Seller or a Secured Party.