Unmatured Event of Termination definition

Unmatured Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

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

Unmatured Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination. “Unsold Receivables” means, at any time, all Pool Receivables that are not then Sold Receivables.

Examples of Unmatured Event of Termination in a sentence

• The Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, concerning an Unmatured Event of Termination or Event of Termination or any other matter hereunder as the Administrative Agent deems advisable and in the best interests of the Secured Parties.

• The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Unmatured Event of Termination or Event of Termination unless the Administrative Agent has received notice from any Purchaser Party or the Seller stating that an Unmatured Event of Termination or Event of Termination has occurred hereunder and describing such Unmatured Event of Termination or Event of Termination.

• A statement of a Financial Officer of the Seller setting forth details of any Event of Termination or Unmatured Event of Termination that has occurred and is continuing and the action which the Seller proposes to take with respect thereto.

• No Group Agent shall be deemed to have knowledge or notice of the occurrence of any Unmatured Event of Termination or Event of Termination unless such Group Agent has received notice from the Administrative Agent, any other Group Agent, any other Purchaser Party, the Servicer or the Seller stating that an Unmatured Event of Termination or Event of Termination has occurred hereunder and describing such Unmatured Event of Termination or Event of Termination.

• No event has occurred and is continuing, or would result from the transactions contemplated hereby, that constitutes an Event of Termination, Non-Reinvestment Event, Unmatured Event of Termination or Unmatured Non-Reinvestment Event.

More Definitions of Unmatured Event of Termination

Unmatured Event of Termination. “Required Purchasers”, “Net Portfolio Balance”, “Purchase Termination Date” (other than pursuant to an extension thereof in accordance with Section 3.5), “Required 81 SK 28677 0004 8494650 v1217

Unmatured Event of Termination means any event which, with the giving of notice or lapse of time, or both, would become an Event of Termination. “ Unpaid Balance ” means, at any time of determination, with respect to any Receivable, the then outstanding principal balance thereof.

Unmatured Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination. “Unpaid Balance” means, as of any time with respect to a Receivable, an amount equal to the sum of all remaining unpaid monthly installment

Unmatured Event of Termination. “Required Lenders”, “Borrowing Base”, “YSOC Amount”, “Reserve Account Required Amount”, “Termination Date” (other than pursuant to an extension thereof in accordance with Section 2.05), “Interest Period” or “Settlement Period” (or any of the definitions used in any such preceding definition in a manner that would circumvent the intention of the restrictions set forth in this Section 12.01), in each case, without the prior written consent of each Lender and Group Agent, or (v) release all or any material part of the Pool Receivables or Related Assets from the security interest granted by the Borrower to the Collateral Agent hereunder except as expressly provided for herein or in the Transaction Documents without the prior written consent of each Lender and Group Agent; provided, further, that the consent of Compass and the Borrower shall not be required for the effectiveness of any amendment which modifies on a prospective basis, the representations, warranties, covenants, or responsibilities of the Servicer at any time when the Servicer is not an Affiliate of Compass or the fees and expenses payable to any such Servicer. Notwithstanding anything in any Transaction Document to the contrary, none of the Borrower or Compass shall amend, waive, or otherwise modify any other Transaction Document, or consent to any such amendment or modification, without the prior written consent of the Collateral Agent, the Administrative Agent, and the Required Lenders.

Unmatured Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination. “USA PATRIOT Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Title III of Pub. L. No. 107 56 (signed into law October 26, 2001)). “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “Voting Securities” of any Person means the stock or other ownership or equity interests, of whatever class or classes, the holders of which ordinarily have the power to vote for the election of the members of the board of directors, managers, trustees, or other voting members of the

Unmatured Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination. “Unsold Receivables” means, at any time, all Pool Receivables that are not then Sold Receivables. “U.S. Government Securities Business Day” means any day except for (a) a Saturday or Sunday or (b) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

Unmatured Event of Termination. “Required Purchasers”, “Net Portfolio Balance”, “Purchase Termination Date” (other than pursuant to an extension thereof in accordance with Section 3.5), “Required Reserves”, “Yield Period” or “Settlement Period” (or any of the definitions used in any 82