Trigger Event definition

Trigger Event shall have the meaning specified in Section 14.04(c).

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Trigger Event. A Trigger Event is in effect with respect to any Distribution Date on or after the Stepdown Date if:

Trigger Event. Either a Cumulative Loss Trigger Event or a Delinquency Trigger Event.

Examples of Trigger Event in a sentence

Except for any Regulatory Trigger Event which has been disclosed pursuant to Section 8(d) hereto, to its knowledge, it is not currently under investigation by any Governmental Authority the result of which would be reasonably likely to result in a Material Adverse Effect.
Except for any Regulatory Trigger Event which has been disclosed pursuant to Section 8(d) hereto, it has not been the subject of any government investigation which has resulted in the voluntary or involuntary suspension of a license, a cease and desist order, or such other action as could reasonably be expected to result in a Material Adverse Effect on its business.
Except for any Regulatory Trigger Event which has been disclosed pursuant to Section 8(d) hereto, there are no actions, suits, arbitrations, investigations or proceedings pending or, to its knowledge, threatened in writing against it affecting any of its property before any Governmental Authority that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

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 has the meaning specified in Section 4.04(c).

Trigger Event has the meaning specified in Section 12.4(d) hereof.

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 means any of the following events:

Trigger Event shall have the meaning specified in Section 9.04(c).

Trigger Event. As defined in Section 8.03.