Examples of A Trigger Event in a sentence
A Trigger Event may be determined at any time and may occur on more than one occasion.
A Trigger Event is in effect on any Distribution Date if (i) on that Distribution Date the 60 Day+ Rolling Average equals or exceeds 40% of the prior period's Senior Enhancement Percentage and (ii) may include other trigger events related to the performance of the Mortgage Loans.
A Trigger Event may occur on more than one occasion (and each Note may be written down on more than one occasion).
A "Trigger Event" occurs if, at any time, the common equity tier 1 capital ratio pursuant to Article 92(1)(a) CRR or any successor provision thereto, determined on a consolidated basis (the "Common Equity Tier 1 Capital Ratio") falls below 5.125 per cent.
A "Trigger Event" shall be deemed to have occurred upon any Person becoming an Acquiring Person.