Definition of Tax/Insurance Trigger Event

  1. Tax/Insurance Trigger Event means Borrower's failure to provide timely evidence of payment of Taxes as required by Section 5.1.2, or to provide timely evidence that the Property is insured pursuant to Section 6.1(b).

Definition of Tax/Insurance Trigger Event in Loan Agreement

Tax/Insurance Trigger Event means Borrower's failure to provide timely evidence of payment of Taxes as required by Section 5.1.2, or to provide timely evidence that the Property is insured pursuant to Section 6.1(b).