Examples of Default Excess in a sentence
See “Risk Factors — Effects of an Early Redemption Event or Event of Default; Excess Spread Early Redemption Cure” in the accompanying prospectus.
During an Amortization Period or after and during the continuance of an Event of Default, Excess Cash Flow shall be applied on each Payment Date as set forth in Section 5.01(a)(x).
After the occurrence, and during the continuance of an Event of Default, Excess Property Income held in the Central Account which would otherwise be distributable to Owner shall be distributed in accordance with the provisions of Section 2.19(e) below.
However, high customer demand means speeds experienced by customers are slow, including in high footfall areas like Whitechapel.
Event of Default shall mean any of the events described in Section 8.1 [Events of Default] and referred to therein as an "Event of Default." Excess Interest shall have the meaning assigned to that term in Section 3.1 [Interest Rate Options].