Value Adjustment Event definition

Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:

Value Adjustment Event. With respect to any Loan, the occurrence of any one or more of the following events after the related Funding Date:

Value Adjustment Event means, with respect to any Loan Asset, any occurrence of one or more of the following events (any of which, for the avoidance of doubt, may occur more than once):

Examples of Value Adjustment Event in a sentence

• The Servicer will provide the Administrative Agent and each Lender (with a copy to the Collateral Agent) with prompt written notice of the occurrence of any Value Adjustment Event with respect to any Eligible Loan Asset of which the Servicer has knowledge or has received notice.

• Any such notice will be considered delivered if notation of such potential Value Adjustment Event is made in any Borrowing Base Certificate, Servicing Report, or other report delivered by the Servicer or a Loan Party to the Administrative Agent within the timeframe contemplated by this Section 5.03(w).

• Promptly upon obtaining knowledge thereof, the Servicer will provide the Administrative Agent and each Lender (with a copy to the Collateral Agent) with written notice of the occurrence of any event that the Servicer reasonably believes is a Value Adjustment Event with respect to any Eligible Loan Asset; provided that, the Servicer will be deemed to not have knowledge of any Valuation Adjustment Event that requires a determination be made by the Administrative Agent until such determination has been made.

• A notice delivered by the Administrative Agent to the Borrower and the Collateral Custodian specifying the value of a Loan determined in accordance with terms of the definition of “Assigned Value” in this Section 1.1, which notice shall include the reasons supporting the Administrative Agent’s determination that a Value Adjustment Event has occurred.

• Together with such notification, the Borrower or the Servicer shall inform the Administrative Agent whether, to the knowledge of the Borrower or Servicer, as applicable, such event constitutes a Value Adjustment Event.

More Definitions of Value Adjustment Event

Value Adjustment Event means, with respect to a Collateral Obligation or its related obligor, as applicable, the occurrence of any of the following (with each of the financial ratios set forth in clauses (c) and (d) below being referred to herein as a “Financial Ratio”):

Value Adjustment Event means, with respect to any Collateral Loan, the occurrence of any of one or more of the following events after the related Acquisition Date (or, in the case of the Closing Date Collateral Loans, the Closing Date):

Value Adjustment Event means the occurrence of any one or more of the following events after the related Cut-Off Date:

Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related

Value Adjustment Event means, with respect to any Loan, the occurrence of any one or more of the following events after the related Addition Cut-Off Date:

Value Adjustment Event is defined in the Margining Agreement.

Value Adjustment Event. With respect to any Portfolio Asset, the occurrence of any one or more of the following events after the Portfolio Asset Trade Date of such Portfolio Asset: