Trigger Event definition
Trigger Event shall have the meaning specified in Section 14.04(c).
Trigger Event. A Trigger Event is in effect with respect to any Distribution Date on or after the Stepdown Date if:
Trigger Event. Either a Cumulative Loss Trigger Event or a Delinquency Trigger Event.
Examples of Trigger Event in a sentence
For purposes of this Agreement, a Conversion Trigger Event shall be deemed to occur on the eleventh (11th) Business Day after the date of ▇▇▇▇▇▇’s notice of such Conversion Trigger Event, if no notice or evidence described in the preceding sentence has been delivered by Borrower to Lender.
More Definitions of Trigger Event
Trigger Event has the meaning specified in Section 12.4(d) hereof.
Trigger Event. A Trigger Event shall have occurred with respect to any Distribution Date if either a Delinquency Event or a Cumulative Loss Trigger Event is in effect for such Distribution Date.
Trigger Event has the meaning specified in Section 4.04(c).
Trigger Event means, on any distribution date while any of the class A notes are outstanding, that the outstanding principal balance of the notes, less any amounts (exclusive of investment earnings) on deposit in any accumulation account, after giving effect to distributions to be made on that distribution date, would exceed the Adjusted Pool Balance as of the end of the related collection period.
Trigger Event shall have the meaning specified in Section 9.04(c).
Trigger Event. As defined in Section 8.03.
Trigger Event. A Trigger Event has occurred with respect to a Distribution Date if: