Purchase Event definition

Purchase Event means any of the following events:
Purchase Event means any of the following events subsequent to the date of this Agreement:
Purchase Event means any of the following events or transactions occurring after the date hereof:

Examples of Purchase Event in a sentence

  • In connection with a Modification Purchase Event, or if the Servicer takes any action not in accordance with its Servicing Procedures during any Collection Period pursuant to Section 4.2 that materially impairs the rights of the Issuing Entity, the Indenture Trustee, the Certificateholders or the Noteholders in any Receivable, the Servicer shall purchase the related Receivable as of the last day of such Collection Period.

  • If a mandatory Ginnie Mae Issuer Purchase Event occurs with respect to a HECM, the purchase of the related Participation timely occurs.

  • If a HECM remains outstanding after its original term of 50 years, a mandatory Ginnie Mae Issuer Purchase Event occurs with respect to such HECM.

  • Neither this Agreement nor any of the rights, interests or obligations hereunder or under the Option shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party, except that Grantee may assign this Agreement to a wholly owned Subsidiary of Grantee and Grantee may assign its rights hereunder in whole or in part after the occurrence of a Purchase Event.

  • Shares of a Series of VRDP Shares are subject to Mandatory Purchase by the Liquidity Provider upon the occurrence of a Mandatory Purchase Event.


More Definitions of Purchase Event

Purchase Event has the meaning assigned to such term in Section 5.07.
Purchase Event means any of the following events or transactions occurring on or after the date hereof and prior to an Exercise Termination Event:
Purchase Event shall have the meaning set forth in Section 5.09.
Purchase Event has the meaning assigned to that term in Section 2.03.
Purchase Event has the meaning set forth in Section 8.1 hereof.
Purchase Event means any of the following events or transactions occurring after the date of this Agreement with respect to the Grantor:
Purchase Event as defined in Section 5.1.