Unmatured Early Amortization Event definition

Unmatured Early Amortization Event means an event or condition that, upon the giving of notice or the passage of time, would become an Early Amortization Event.
Unmatured Early Amortization Event means any event that, with the giving of notice or lapse of time, or both, would become an Early Amortization Event.
Unmatured Early Amortization Event means an event or condition that, upon the giving of notice or the passage of time, or both, would become an Early Amortization Event.

Examples of Unmatured Early Amortization Event in a sentence

  • Each of AFC and AmeriServe (in its capacity as Servicer and otherwise) hereby severally represents and warrants to the other parties hereto that, on and as of the Effective Date (as defined below), no Early Amortization Event or Unmatured Early Amortization Event has occurred and is continuing.

  • Prior to the occurrence and continuance of a Early Amortization Event or an Unmatured Early Amortization Event, the Trustee may conduct no more than three separate reviews in the aggregate in any calendar year per Origination and Servicing Party for all reviews conducted pursuant to this Section 3.5(b) and Section 6.1(c) of the Purchase Agreement.

  • On any Business Day during the Revolving Period on which no Early Amortization Event or Unmatured Early Amortization Event exists, Servicer may instruct Trustee in writing to withdraw funds from the Equalization Account and apply such funds as Daily Series Collections, so long as the Net Invested Amount would not exceed the Base Amount after giving effect to such transfer and application.

  • Early Amortization Event (other than an Early Amortization Event or Unmatured Early Amortization Event caused by or related to the Borrower) has occurred and is continuing and, to the best of the Servicer's knowledge, no Early Amortization Event or Unmatured Early Amortization Event caused by or related to the Borrower has occurred and is continuing.

  • Sell all or substantially all of its property and assets to, or consolidate with or merge into, any other corporation, if the effect of such sale or merger would cause an Event of Default, [Early Amortization Event, ]Unmatured Event of Default, [Unmatured Early Amortization Event, ]Servicer Default or Unmatured Servicer Default under this Agreement or the Indenture.

  • On any Business Day during the Revolving Period on which no Early Amortization Event (or Unmatured Early Amortization Event) exists, Servicer may instruct Trustee in writing to withdraw (and upon receipt of such instruction Trustee shall withdraw) funds from the Equalization Account with respect to Series 1998-1 and apply such funds as Daily Series Collections, so long as the Net Invested Amount would not exceed the Base Amount after giving effect to such transfer and application.

  • Sell all or substantially all of its property and assets to, or consolidate with or merge into, any other corporation, if the effect of such sale or merger would cause an Event of Default, Early Amortization Event, Unmatured Event of Default, Unmatured Early Amortization Event, Servicer Default or Unmatured Servicer Default under this Agreement or the Indenture.

  • Early Amortization Event (other than an Early Amortization Event or Unmatured Early Amortization Event caused by or related to the Borrower or the Facility Insurer) has occurred and is continuing and, to the best of the Servicer's knowledge, no Early Amortization Event or Unmatured Early Amortization Event caused by or related to the Borrower has occurred and is continuing.

  • On any Business Day during the Revolving Period on which Servicer delivers a Daily Report to the Trustee and the Agent and no Early Amortization Event or Unmatured Early Amortization Event exists, Servicer may instruct Trustee in writing to withdraw funds from the Equalization Account and apply such funds as Daily Series Collections, so long as the Net Invested Amount would not exceed the Base Amount after giving effect to such transfer and application.


More Definitions of Unmatured Early Amortization Event

Unmatured Early Amortization Event means any event or condition that, with the giving of notice or lapse of time, or both, would become an Early Amortization Event.

Related to Unmatured Early Amortization Event

  • Early Amortization Event means any Early Amortization Event specified in Section 5.01 of the Indenture.

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Potential Amortization Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Amortization Event.

  • Amortization Event has the meaning specified in Article IX.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of Default.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Automatic Early Redemption Event means that:

  • default value means a value derived from a typical value by the application of pre-determined factors and that may, in circumstances specified in this Directive, be used in place of an actual value;’;

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Reduction Event means any of the following:

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.