Seller Termination Event definition

Seller Termination Event has the meaning specified in Section 8.1(a).
Seller Termination Event means a “Seller Termination Event” under, and as defined in, any Originator Sale Agreement.
Seller Termination Event. As defined in Section 5.3(a).

Examples of Seller Termination Event in a sentence

  • No event has occurred which constitutes a Seller Termination Event and no event has occurred and is continuing which, with the passage of time or the giving of notice, or both would constitute a Seller Termination Event (other than any Seller Termination Event which has previously been disclosed to the Administrative Agent as such).

  • No event has occurred which constitutes a Seller Termination Event and no event has occurred and is continuing which, with the passage of time or the giving of notice, or both would constitute a Seller Termination Event (other than as previously disclosed to the Agent as such).

  • The Seller will provide the Purchaser, the Administrative Agent and each Lender Agent (with a copy to the Collateral Agent) with prompt written notice of the occurrence of each Seller Termination Event and each event which upon the passage of time would constitute a Seller Termination Event of which the Seller has knowledge or has received notice.

  • In addition, no later than two (2) Business Days following the Seller’s knowledge or notice of the occurrence of any Seller Termination Event or event which upon the passage of time would constitute a Seller Termination Event, the Seller will provide to the Purchaser, the Administrative Agent and each Lender Agent a written statement of an Authorized Person of the Seller setting forth the details of such event and the action that the Seller proposes to take with respect thereto.

  • The Seller will provide the Purchaser, the Agent, the Trustee and the Note Purchaser with immediate written notice of the occurrence of each Seller Termination Event and each Seller Purchase Event of which the Seller has knowledge or has received notice.


More Definitions of Seller Termination Event

Seller Termination Event has the meaning specified in Section 11.2. For the avoidance of doubt, any Seller Termination Event that occurs shall be deemed to be continuing at all times thereafter unless and until waived in accordance with Section 13.4.
Seller Termination Event means: (1) an acceleration of the indebtedness under the QUALCOMM Agreements; (2) an acceleration of the indebtedness under the Working Capital Facility; (3) Buyer's failure to fund additional drawings under the Working Capital Facility in amounts necessary to pay timely Licensee's obligations under the FCC Debt (taking into account one 90-day late payment period per payment available from the FCC); or
Seller Termination Event means the termination of this Agreement under Section 2.4.2, Section 2.4.3, Section 2.4.5, Section 6.1, Section 15.2 (but only if the termination results from an Event of Default by Seller), or Section 17.6.
Seller Termination Event means a “Seller Termination Event” under, and as defined in, the U.S. RPA.
Seller Termination Event means a “Seller Termination Event” under, and as defined in, any Originator Sale Agreement. “Servicer Default” has the meaning specified in Section 2.9 (Servicer Default) of the Servicing Agreement.
Seller Termination Event has the meaning specified in Section 7.1 (Seller Termination Events).
Seller Termination Event means any of the following: (1) failure of Buyer to pay the Purchase Price in accordance with the terms hereof; or