Examples of Mortgage Loan Event of Default in a sentence
The occurrence of a Mortgage Loan Event of Default, a Debt Yield Trigger Event (a Debt Yield, as defined, of less than 9.0%), or a Guarantor Bankruptcy triggers a Cash Trap Event, each as defined.
In 1990, a new Patent Act No. 527/1990 was adopted, which, after several amendments, is still the valid law of the Czech Republic.
To the extent a Mortgage Loan Event of Default has been cured in accordance with the Loan Documents, the Intercreditor Agreement, or the Participation Agreement, as applicable, such Mortgage Loan Event of Default and such Sequential Pay Event will cease.
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