Master Servicer Termination Event definition

Master Servicer Termination Event wherever used herein, means any one of the following events:
Master Servicer Termination Event. As defined in Section 7.01(a) of this Agreement.
Master Servicer Termination Event means an event specified in Section 10.1.

Examples of Master Servicer Termination Event in a sentence

Except as otherwise expressly provided in this Agreement, no remedy provided for by this Agreement shall be exclusive of any other remedy, and each and every remedy shall be cumulative and in addition to any other remedy, and no delay or omission to exercise any right or remedy shall impair any such right or remedy or shall be deemed to be a waiver of any Master Servicer Termination Event or Special Servicer Termination Event, if applicable.


More Definitions of Master Servicer Termination Event

Master Servicer Termination Event shall have the meaning set forth in Section 10.01.
Master Servicer Termination Event means any of the events set out under clause 8.1.1 of each Master Servicing Agreement, which allows the Guarantor to terminate the Master Servicer's appointment and to appoint a Substitute Master Servicer pursuant to the Master Servicing Agreement.
Master Servicer Termination Event or “Special Servicer Termination Event,” as applicable, nor shall any such party be deemed to not be in compliance under this Agreement, during any grace period provided for in this Article X, provided, that if any such party fails to comply with the delivery requirements of this Article X by the expiration of any applicable grace period such failure shall constitute a Servicer Termination Event with respect to such party; and
Master Servicer Termination Event. Any event specified in Section 10.01.
Master Servicer Termination Event means any of the events set out under clause 8.1 (Casi di revoca del mandato del Master Servicer) of the Master Servicing Agreement, which allows the Guarantor to terminate the Servicer's appointment and appoint a Substitute Servicer pursuant to the Master Servicing Agreement.
Master Servicer Termination Event. (a) any failure by the Master Servicer to deposit into the Collection Account any proceeds or payment required to be so delivered under the terms of this Agreement that continues unremedied for a period of five Business Days after written notice is received by the Master Servicer or after discovery of such failure by a Responsible Officer of the Master Servicer;
Master Servicer Termination Event. As defined in Section 7.01(a).