Common use of Additional Event of Default Clause in Contracts

Additional Event of Default. The following will constitute an additional Event of Default with respect to Party B: "The Note Trustee serves a Note Enforcement Notice in relation to the Relevant Notes pursuant to Condition 9 of the Terms and Conditions on Party B (in which case Party B shall be the Defaulting Party)."

Appears in 12 contracts

Samples: Master Agreement (Holmes Funding LTD), Master Agreement (Holmes Master Issuer), www.santander.co.uk

AutoNDA by SimpleDocs

Additional Event of Default. The following will constitute an additional Event of Default with respect to Party B: "The Note Trustee serves a Note Enforcement Notice in relation to the Relevant Notes pursuant to Condition 9 of the Terms and Conditions on Party B (in which case Party B shall be the Defaulting Party)."

Appears in 8 contracts

Samples: Isda Master Agreement (Holmes Master Issuer), Isda Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer)

Additional Event of Default. The following will shall constitute an additional Event of Default with respect to Party B: "The Note Trustee serves a Ninth Issuer Note Enforcement Notice in relation to the Relevant Notes on Party B pursuant to Condition 9 of the Terms and Conditions on Party B (in which case Party B shall be the Defaulting Party)."

Appears in 2 contracts

Samples: Master Agreement (HOLMES FINANCING (No. 9) PLC), Master Agreement (HOLMES FINANCING (No. 9) PLC)

Additional Event of Default. The following will constitute an additional Event of Default with respect to Party B: "The Note Trustee serves a Note Enforcement Notice in relation to the Relevant Notes pursuant to Condition 9 10 of the Terms and Conditions on Party B (in which case Party B shall be the Defaulting Party)."

Appears in 1 contract

Samples: Master Agreement

AutoNDA by SimpleDocs

Additional Event of Default. The following will constitute an additional Event of Default with respect to Party B: "The Note Trustee serves a Note Enforcement Notice in relation to the Relevant Notes pursuant to Condition 9 of the Terms and Conditions on Party B (in which case Party B shall be the Defaulting Party)."

Appears in 1 contract

Samples: Master Agreement (Holmes Master Issuer)

Time is Money Join Law Insider Premium to draft better contracts faster.