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

Provider waives notice of acceptance of this Undertaking, notice of any action taken or omitted by Recipient (or its assigns) in reliance on this Undertaking, and any requirement that Recipient (or its assigns) be diligent or prompt in making demands under this Undertaking, giving notice of the Purchase Termination Date, any Amortization Event, any other default or omission by any Originator or asserting any other rights of Recipient under this Undertaking.
So long as no Amortization Event shall have occurred and be continuing, the consent of the Seller (which consent shall not be unreasonably withheld) shall be required prior to the effectiveness of any such participation other than to an existing Purchaser or an Affiliate of an existing Purchaser.
The Administrative Agent shall take such action with respect to such Amortization Event or Potential Amortization Event as shall be directed by any Purchaser.
At any time after the occurrence and during the continuance of an Amortization Event, the Purchaser Parties may at any time designate as the Servicer any Person to succeed ▇▇▇▇▇▇▇▇▇ or any successor Servicer.
So long as no Amortization Event shall have occurred and be continuing, the consent of the Seller (which consent shall not be unreasonably withheld) shall be required prior to the effectiveness of any such assignment other than to an existing Purchaser or an Affiliate of an existing Purchaser.

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.