Mandatory Assignment Conditions definition

Mandatory Assignment Conditions means, with respect to any requested sale of an interest in a Series 2006-2 Note pursuant to Section 11.1(g), (a) no Surety Default has occurred and is continuing, (b) either (x) such sale is to an Acquiring Purchaser Group and (1) a
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Mandatory Assignment Conditions means, with respect to any requested sale of an interest in a Series 2006-2 Note pursuant to Section 11.1(g), (a) no Surety Default has occurred and is continuing, (b) either (x) such sale is to an Acquiring Purchaser Group and (1) a Potential Amortization Event (other than a Potential Amortization Event due to a CP Disruption Event) has occurred and is continuing, (2) CRCF has consented to such sale or (3) 90 days have elapsed since the commencement of the then-existing CP Disruption Event and the Surety Provider has given five (5) Business Days’ prior written notice to CRCF of such sale, or (y) such sale is to the Surety Provider or its Affiliate, the Series 2006-2 Notes being sold constitute all of the Series 2006-2 Notes then outstanding, and all amendments to the Series 2006-2 Supplement that are necessary to allow the Surety Provider or its Affiliate to hold the Series 2006-2 Notes have become effective and (c) the selling Purchaser Group has been paid an amount at least equal to the Mandatory Assignment Price as of the date of the settlement of such sale with respect to such interest in a Series 2006­2 Note.
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Related to Mandatory Assignment Conditions

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that:

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Mortgage Conditions means, in relation to a Mortgage Loan, the terms and conditions applicable to that Mortgage Loan and its Related Security as set out in the relevant Seller's "Mortgage Conditions" booklet and the Seller's relevant general conditions from time to time as varied by the relevant Mortgage Loan Agreement and the relevant Mortgage Deed, and any variation or supplement thereto;