Trigger Event definition

Trigger Event shall have the meaning specified in Section 14.04(c).
Trigger Event. A Trigger Event is in effect with respect to any Distribution Date on or after the Stepdown Date if:

Examples of Trigger Event in a sentence

  • Neither the Trustee nor the Conversion Agent shall have any obligation to independently determine or verify if any Fundamental Change, Make-Whole Fundamental Change, Share Exchange Event, Trigger Event, or any other event has occurred or notify the Holders of any such event.


More Definitions of Trigger Event

Trigger Event. A Trigger Event shall have occurred with respect to any Distribution Date if either a Delinquency Event or a Cumulative Loss Trigger Event is in effect for such Distribution Date.
Trigger Event means, on any distribution date while any of the class A notes are outstanding, that the outstanding principal balance of the notes, less any amounts (exclusive of investment earnings) on deposit in any accumulation account, after giving effect to distributions to be made on that distribution date, would exceed the Adjusted Pool Balance as of the end of the related collection period.
Trigger Event has the meaning specified in Section 12.4(d) hereof.
Trigger Event has the meaning set forth in Section 5.05(a)(iv).
Trigger Event shall have the meaning specified in Section 15.5(d).
Trigger Event means any of the following:
Trigger Event. As defined in Section 8.03.