Amortization Event definition

Amortization Event has the meaning specified in Article IX.

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Amortization Event means the occurrence of any of the following:

Amortization Event means any event specified in Section 9.01 of the Pooling and Servicing Agreement or in Section 20 hereof.

Examples of Amortization Event in a sentence

• There shall be no Subsequent Advance upon the occurrence of any Termination Event or Amortization Event.

• After giving effect to the Initial Advance, no Termination Event, Potential Termination Event, Amortization Event or Potential Amortization Event exists.

• As soon as possible and in any event within two (2) Business Days of becoming aware of the occurrence of each Termination Event, Amortization Event or Servicer Termination Event, a statement of the chief financial officer or chief accounting officer of the Borrower setting forth details of such Termination Event, Amortization Event or Servicer Termination Event and the action which the Borrower proposes to take with respect thereto.

• Each Funding Agent shall not be deemed to have knowledge of any actual or potential Servicer Event of Default, Excess Spread deficiency, Early Amortization Event, Default or Event of Default, unless such Funding Agent has received notice from the Borrower, the Servicer, the related Lender Group or the Administrative Agent.

More Definitions of Amortization Event

Amortization Event has the meaning specified in Section 7.1.

Amortization Event shall have the meaning set forth in the Promissory Note.

Amortization Event shall have the meaning specified in the Indenture.

Amortization Event means, with respect to any Series, a Trust Amortization Event or a Series Amortization Event.

Amortization Event. Any one of the following events:

Amortization Event means any of the events described in Section 10.2.

Amortization Event shall have the meaning specified in Section 9.01 and, with respect to any Series, shall also mean any Amortization Event specified in the related Supplement.