NIMS Insurer Default Sample Clauses

NIMS Insurer Default. The existence and continuation of any default by the NIMS Insurer (including a failure by the NIMS Insurer to make a payment) under an insurance policy or policies issued in connection with the Indenture. NIMS Issuer: One or more Affiliates of the Company and/or one or more entities sponsored by an Affiliate of the Company.
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Related to NIMS Insurer Default

  • Servicer Default If any one of the following events (a “Servicer Default”) shall occur and be continuing:

  • Servicer Defaults; Termination of Servicer (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any of the following shall constitute an Event of Default under the Servicing Agreement (each, a “Servicer Default”):

  • Notice of Servicer Default The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.

  • Servicer Events of Default (a) The following events shall each constitute a "Servicer Event of Default" hereunder:

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