{"component": "definition", "props": {"groups": [{"snippet": "means the occurrence of any of the following:", "snippet_links": [], "samples": [{"hash": "4ttZ1EnoYQU", "uri": "https://www.hkbea.com/pdf/en/corporate-governance/memorandum-and-articles-of-association/e_BEA_AOA_02_05_2014.pdf", "label": "Articles of Association", "score": 9.1546885695, "published": false}, {"hash": "28sErD25Odh", "uri": "https://www.hkbea.com/pdf/en/corporate-governance/memorandum-and-articles-of-association/memorandum-and-articles-of-association.pdf", "label": "Articles of Association", "score": 8.1389459274, "published": false}, {"hash": "dYPVZqW6a8s", "uri": "https://www.hkbea.com/pdf/en/about-bea/regulatory-disclosures/20130630/terms-and-conditions/common_equity_tier_1_capital.pdf", "label": "Articles of Association", "score": 8.1389459274, "published": false}], "size": 5, "hash": "092757330a50abff340f36776f44a405", "id": 1}, {"snippet": "shall have occurred if (a) Lender ceases doing business or Lender's existence is terminated by sale, dissolution, merger or otherwise, (b) any assignment is made for the benefit of Lender's creditors, (c) any receiver of Lender is appointed, (d) any insolvency, liquidation or reorganization proceeding under the U.S. Bankruptcy Code or otherwise shall be filed by or against Lender, or (e) an event of default shall have occurred under, and the payment of any indebtedness of Lender shall have been accelerated under, the terms of any loan agreement pursuant to which Lender has incurred debt. 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provided, however, that, notwithstanding anything to the contrary herein, such assignment shall become effective only upon the occurrence of an <strong>Assignment Event</strong> (as defined below).", "Upon an <strong>Assignment Event</strong>, Lender shall execute and deliver or cause to be executed and delivered such further instruments of conveyance, assignment and transfer and shall take such other action as Participant may reasonably request to give effect to the foregoing assignment.", "The Seller acknowledges that the Indenture Trustee is required to review the Mortgage Notes and Related Documents in the case of any delivery required upon the occurrence of an <strong>Assignment Event</strong> pursuant to Sections 2.01(d) and (e) of the Sale and Servicing Agreement and if the Indenture Trustee finds any document or documents not to have been properly executed, or to be missing or to be defective in any material respect, the Indenture Trustee is required to notify the Seller.", "For clarity, this Section 12.7(e) shall apply only one time after the first occurrence of the <strong>Assignment Event</strong>.", "In the event of an <strong>Assignment Event</strong>, Licensee shall have the right to provide Ganeden and the escrow agent appropriate notice and obtain a release of such assignment agreements.", "The Custodian shall, as custodian and bailee for the benefit of the Trust, the Indenture Trustee, the Noteholders and the Insurer, be entitled to maintain, in accordance with clause (b)(ii) above, possession of the documents and instruments listed in subclauses (A) and (C) through (F) of clause (b)(ii) above, it being understood that the Custodian shall have no obligation to prepare the Assignments referenced in subclause (B) of clause (b)(ii) above unless an <strong>Assignment Event</strong> shall have occurred.", "Within 90 days following the occurrence of an <strong>Assignment Event</strong>, the Custodian, at its expense, will submit to the appropriate recording offices Assignments of Mortgage to the Indenture Trustee on behalf of the Trust, which may be blanket assignments if permitted by applicable law, for the Mortgage Loans.", "In such event, the terms and conditions of this Agreement shall apply as if the <strong>Assignment Event</strong> had not occurred including redelivering the assignments described in Section 12.7(d) to the escrow agent.", "The Seller, at its expense shall within 90 days of an <strong>Assignment Event</strong> submit to the appropriate recording offices Assignments of Mortgage to the Indenture Trustee on behalf of the Trust, which may be blanket assignments if permitted by applicable law, for the Mortgage Loans.", "Within 90 days following the occurrence of an <strong>Assignment Event</strong> specified in clause (ii) of the definition thereof, the Custodian, at its expense, will (a) deliver the Mortgage Files then remaining in its possession to the Indenture Trustee, and (b) submit to the appropriate recording offices Assignments of Mortgage to the Indenture Trustee on behalf of the Trust, which may be blanket assignments if permitted by applicable law, for the Mortgage Loans."], "related": [["amendment-event", "Amendment Event", "Amendment Event"], ["replacement-event", "Replacement Event", "Replacement Event"], ["payment-event", "Payment Event", "Payment Event"], ["repayment-event", "Repayment Event", "Repayment Event"], ["enforcement-event", "Enforcement Event", "Enforcement Event"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}