Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 787 contracts
Samples: Master Agreement (Westpac Securitisation Management Pty LTD), Master Agreement (World Financial Network Credit Card Master Trust), Master Agreement (Toyota Auto Finance Receivables LLC)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality illegality and will not constitute an Event of Default.
Appears in 11 contracts
Samples: Master Agreement (First Franklin Mortgage Loan Trust 2006-Ff17), Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He1), Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He2)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event Event-of Default.
Appears in 10 contracts
Samples: Swap Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Swap Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Swap Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default. 6.
Appears in 5 contracts
Samples: Financing Agreement (Central Vermont Public Service Corp), Master Agreement (Dollar General Corp), Mbna America Bank National Association
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as is an Illegality and will not constitute an Event of Default.
Appears in 4 contracts
Samples: Master Agreement (Conseco Inc), Master Agreement (Magnetek Inc), Master Agreement (Conseco Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 3 contracts
Samples: Master Agreement (American Honda Receivables Corp), Master Agreement (Toyota Auto Lease Trust 1998 C), Master Agreement (Toyota Motor Credit Corp)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 2 contracts
Samples: Master Agreement (Gracechurch Receivables Trustee LTD), Master Agreement (Turbochef Technologies Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise otherwise5 constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 2 contracts
Samples: MACRO Securities Depositor, LLC, MACROshares Oil Up Tradeable Trust
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, Illegality it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 2 contracts
Samples: Trading Master Agreement, Exchange Agreement (Cogen Technologies Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. 7 ISDA 1992
Appears in 2 contracts
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. ISDAÒ 1992
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality an, illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which that would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. --------------------------------------------------------------------------------
Appears in 1 contract
Samples: Master Agreement (Dune Energy Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not not. constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give orgive rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute notconstitute an Event of Default.
Appears in 1 contract
Samples: Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. [LETTER HEAD APPEARS HERE]
Appears in 1 contract
Samples: Master Agreement (Brookstone Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.. 5
Appears in 1 contract
Samples: Master Agreement (Franklin Credit Management Corp/De/)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of or Default.
Appears in 1 contract
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and Table of Contents will not constitute an Event of Default.
Appears in 1 contract
Samples: Master Agreement (National Steel Co)
Event of Default and Illegality. If an event or of circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Event of Default and Illegality. If an any event or circumstance which would otherwise constitute or give rise rise. to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Springs Industries Inc)
Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegalityillegality, it will be treated as an Illegality illegality and will not constitute an Event of Default.
Appears in 1 contract
Samples: New America High Income Fund Inc
Event of Default and Illegality. If In an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of Default.
Appears in 1 contract
