Form 10-D Disclosure Item definition

Form 10-D Disclosure Item means, with respect to any Person, (a) any legal proceedings pending against such Person or of which any property of such Person is then subject, or (b) any proceedings known to be contemplated by governmental authorities against such Person or of which any property of such Person would be subject, in each case that would be material to the Noteholders.
Form 10-D Disclosure Item. With respect to any Person, any material litigation or governmental proceedings pending against such Person, or against any of the Trust Fund, the Depositor, the Trustee or the Servicer, if such Person has actual knowledge thereof.
Form 10-D Disclosure Item means with respect to any Person, any litigation or governmental proceedings pending against such Person, or any of the Trust, the Depositor, the Indenture Trustee, the Owner Trustee or the Servicer if such Person has actual knowledge thereof, in each case that would be material to the Noteholders.

Examples of Form 10-D Disclosure Item in a sentence

  • So long as the Issuer is required to report under the Exchange Act, no later than each Distribution Date, each of the Indenture Trustee and the Owner Trustee shall notify the Servicer of any Form 10-D Disclosure Item with respect to such Person (to the extent there is any Form 10-D Disclosure Item), together with a description of any such Form 10-D Disclosure Item in form and substance reasonably acceptable to the Servicer.

  • So long as the Transferor is filing Exchange Act Reports with respect to the Issuer, no later than each Payment Date, the Origination Trustees shall notify the Transferor of any Form 10-D Disclosure Item with respect to the Origination Trustees, together with a description of any such Form 10-D Disclosure Item in form and substance reasonably acceptable to the Transferor.

  • So long as the Depositor is required to file Exchange Act Reports with respect to the Issuer, no later than each Payment Date, each of the Indenture Trustee, the Owner Trustee and the Servicer shall notify (and the Servicer shall cause any Subservicer to notify) the Depositor of any Form 10-D Disclosure Item with respect to such Person, together with a description of any such Form 10-D Disclosure Item in form and substance reasonably acceptable to the Depositor.

  • For so long as the Seller is required to file Exchange Act Reports with respect to the Issuer, no later than each Payment Date, each of the Indenture Trustee, the Owner Trustee and the Servicer shall notify (and the Servicer shall cause any subservicer to notify) the Seller of any Form 10-D Disclosure Item with respect to such Person, together with a description of any such Form 10-D Disclosure Item in form and substance reasonably acceptable to the Seller.

  • So long as the Issuer is required to report under the Exchange Act, no later than each Distribution Date, each of the Indenture Trustee[, the Underlying Trustee] and the Owner Trustee shall notify the Servicer of any Form 10-D Disclosure Item with respect to such Person (to the extent there is any Form 10-D Disclosure Item), together with a description of any such Form 10-D Disclosure Item in form and substance reasonably acceptable to the Servicer.


More Definitions of Form 10-D Disclosure Item

Form 10-D Disclosure Item means, with respect to any Person, any event specified in Part I of Schedule B for which such Person is the responsible party, if such Person, or in the case of either Trustee, a Responsible Officer of such Person, has actual knowledge of such event.
Form 10-D Disclosure Item for any person means any litigation or governmental proceedings material to the holders of the Notes pending against it, or against any of the Trust, the Depositor, the Indenture Trustee, the Owner Trustee, or the Master Servicer or any subservicer, if it (or in the case of the Indenture Trustee, a Responsible Officer of the Indenture Trustee) has actual knowledge thereof.
Form 10-D Disclosure Item. With respect to any Person, any material litigation or governmental proceedings pending against such Person, or against any of the Trust Fund, the Depositor, the Trust Administrator, the Indenture Trustee, the Owner Trustee, the Servicer, the Master Servicer or any Subservicer, if such Person has actual knowledge thereof.
Form 10-D Disclosure Item. With respect to any Person, any pending material litigation or contemplated governmental proceedings against such Person that would have a material adverse impact on the Certificateholders.
Form 10-D Disclosure Item means (a) any legal proceedings pending against the Subservicer or of which any property of the Subservicer is then subject or (b) any proceedings known to be contemplated by governmental authorities against the Subservicer or of which any property of the Subservicer would be subject, in each case that would be material to the investors in an asset-backed securities transaction involving Program Receivables.
Form 10-D Disclosure Item means with respect to any Person, any litigation or governmental proceedings pending against (i) such Person in the case of the Issuer, the Seller, the Indenture Trustee, the Owner Trustee, the Underlying Trustee or the Servicer or (ii) a Responsible Officer of such Person in the case of the Owner Trustee, the Underlying Trustee or Indenture Trustee, to the extent such Person (or Responsible Officer of such Person, has actual knowledge thereof, in each case that would be material to the Noteholders.
Form 10-D Disclosure Item for any person means any material litigation or governmental proceedings pending against it, or against any of the Trust, the Depositor, the Indenture Trustee, the Owner Trustee, or the Master Servicer or any subservicer, if it has actual knowledge thereof.