Accelerated Amortisation Event definition

Accelerated Amortisation Event means any of the following events:

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Accelerated Amortisation Event means, as of any Calculation Date, (i) a Termination Event and/or a Servicer Termination Event has occurred and/or (ii) a Seller/Servicer Warranty Breach that has occurred and has been continuing for more than 30 calendar days after the Seller or, as applicable, the Servicer has become actually aware of, or has received written notification evidencing the breach of, the relevant Seller/Servicer Warranty;

Accelerated Amortisation Event means any of the following events (after expiry of any applicable grace period):

Examples of Accelerated Amortisation Event in a sentence

Before the occurrence of an Accelerated Amortisation Event, the Seller shall be entitled to request the Management Company to transfer back to it (without penalty) any Purchased Receivable which is an Uncollectible Receivables, together with their related Ancillary Rights.
On the Payment Date following the occurrence of an Accelerated Amortisation Event, the Management Company shall give the instructions to the Custodian and the Account Bank for the amount standing to the credit of the Reserve Account to be credited to the General Collection Account.
Before the occurrence of an Accelerated Amortisation Event, the Seller shall be entitled to request the Management Company to transfer back to it (without penalty) any Purchased Receivable which is a Defaulted Receivable, together with their related Ancillary Rights.
Accelerated Amortisation Period means the period between (i) the date of occurrence of an Accelerated Amortisation Event or the date on which the Management Company elects to proceeds to the liquidation following a Liquidation Event and (ii) the earlier of the Legal Maturity Date and the Monthly Payment Date on which the Notes are repaid in full.
Accelerated Amortisation Event shall have the meaning given to that term in clause 12.4 (Accelerated Amortisation Period) of the FCT Regulations.
In general, the occurrence of an Accelerated Amortisation Event or the occurrence of a Compartment Dissolution Event may significantly reduce the average life of the Units and modify the forecast return on the Units.

More Definitions of Accelerated Amortisation Event

Accelerated Amortisation Event means the occurrence of any of the following events:

Accelerated Amortisation Event means, as of any Cut-Off Date, the occurrence of a Seller Termination Event and/or a Servicer Termination Event.