Indenture Event of Default definition

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

Indenture Event of Default means, with respect to any Indenture, any Event of Default (as such term is defined in such Indenture) thereunder.

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

Examples of Indenture Event of Default in a sentence

• When the Backup Servicer incurs expenses after the occurrence of a Servicer Default specified in Section 8.01 of the Sale and Servicing Agreement or an Indenture Event of Default specified in Section 5.1 of the Indenture, the parties hereto intend that such expenses constitute expenses of administration under the Bankruptcy Code or any other applicable Federal or State bankruptcy, insolvency or similar law.

• If an Indenture Event of Default occurs and is continuing and if written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee or a Responsible Officer of the Indenture Trustee has actual knowledge thereof, the Indenture Trustee shall mail to the Rating Agencies and each Noteholder notice of the Indenture Event of Default within five (5) Business Days after such knowledge or notice occurs.

• If any other Indenture Event of Default shall have occurred, the Indenture Trustee, if so directed in writing by the Majority Noteholders, shall declare by written notice to the Issuer that the entire principal balance of the Notes, all interest accrued and unpaid thereon and all other amounts payable under this Indenture and the other Basic Documents to be immediately due and payable.

• Where this Indenture provides for notice to the Rating Agencies, failure to give such notice shall not affect any other rights or obligations created hereunder, and shall not under any circumstance constitute an Indenture Default or Indenture Event of Default.

• Any such action shall be without prejudice to any right to claim an Indenture Default or Indenture Event of Default under this Indenture and any right to proceed thereafter as provided in Article V.

More Definitions of Indenture Event of Default

Indenture Event of Default wherever used herein or in the other Basic Documents, means any one of the following events (whatever the reason for such Indenture 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):

Indenture Event of Default has the meaning given to the term "Event of Default" in the Indenture.

Indenture Event of Default means an event or condition defined as an "Event of Default" with respect to the Debentures under Section 6.01(a) of the Indenture has occurred and is continuing.

Indenture Event of Default means any one or more of the conditions, circumstances, acts or events set forth in Section 5.01 of the Trust Indenture.

Indenture Event of Default has the meaning given such term in Section 5.1 herein.

Indenture Event of Default means any event specified in Section 5.01 of the Indenture.

Indenture Event of Default means any one or more of the conditions, circumstances, acts or events set forth in Section 4.02 of the Trust Indenture.