Depositor Event of Default definition

Depositor Event of Default. The meaning specified in Section 6.01.
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Depositor Event of Default wherever used herein means any one of the following events:
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Examples of Depositor Event of Default in a sentence

  • If the Depositor does not join in such appointment within fifteen (15) days after the receipt by it of a request so to do, or in case a Depositor Event of Default has occurred and is continuing, the Trustee alone shall have power to make such appointment.

  • The Trustee and the Certificateholders hereby waive through but not beyond July 16, 2001, any Default by the Depositor under Section 6.01(f) of the Trust Agreement, provided, however, that a Depositor Event of Default under Section 6.01(f) shall be deemed to exist on and after July 17, 2001 if the 98-1 Revolving Certificates that are Rated Certificates have not been paid in full on or before July 16, 2001.

  • The Trustee and the Certificateholders hereby waive through but not beyond February 15, 2002, any Default by the Depositor under Section 6.01(f) of the Trust Agreement, provided that a Depositor Event of Default under Section 6.01(f) shall be deemed to exist on and after February 16, 2002 if the 98-1 Revolving Certificates that are Rated Certificates have not been paid in full on or before February 15, 2002.

  • The Trustee and the Certificateholders hereby waive through but not beyond November 15, 2001, any Default by the Depositor under Section 6.01(f) of the Trust Agreement, provided, however, that a Depositor Event of Default under Section 6.01(f) shall be deemed to exist on and after November 16, 2001 if the 98-1 Revolving Certificates that are Rated Certificates have not been paid in full on or before November 15, 2001.

Related to Depositor Event of Default

  • Issuer Event of Default means the occurrence of any of the following events:

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Master Servicer Event of Default wherever used herein, means any one of the following events:

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Event of Default has the meaning specified in Section 8.01.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.