Examples of Related Event of Default in a sentence
Subject to Section 8.03, an Event of Default with respect to a Series of Notes or, if applicable, a Class of Notes means (i) the occurrence of any event specified as a Related Event of Default in the Related Supplement; and (ii) the occurrence and continuance of a Trust Insolvency Event.
The Indenture Trustee shall give notice of the occurrence of every Related Event of Default to the Administrative Agent and all other Specified Creditors to whom Related Secured Obligations are owed based on a Certificate of the Trust and each of the Related Rating Agencies within five Business Days after the Indenture Trustee receives notice of the occurrence thereof.
However, if there is a Related Event of Default under the Notes, DTC reserves the right to exchange the Book-Entry Notes for legended Notes in certificated form, and to distribute such notes to its Participants.Although DTC has agreed to the foregoing procedures to facilitate transfers of interests in the Book- Entry Notes among participants in DTC, DTC is under no obligation to perform or to continue to perform such procedures, and may discontinue such procedures at any time.
For the avoidance of doubt, the holders of any share of Series B Preferred Stock shall be only be entitled to receive any Disclosure Related Event of Default Special Dividends from the period beginning on such date any Disclosure Related Event of Default shall be determined as to have occurred through the date upon which such Disclosure Related Event of Default shall have been cured.
To qualify for St. Thomas More Latin Honors, a student must have no failing grade.
Provided that no Amortization Event, Servicer Termination Event or Related Event of Default has occurred and is continuing, the Seller shall have the option to repurchase all Assigned Obligor Account Assets under an Obligor Account if the related Obligor Account has become a Charged-Off Obligor Account, provided that such repurchase will not result in an Amortization Event or Related Event of Default.
All moneys standing in the Related Collection Accounts attributable to the Related Asset Interests at the time of a Related Event of Default shall be transferred to the appropriate Related Collateral Accounts in accordance with the Related Securitization Agreements.
The issuance of an emergency permit shall not obligate the District to issue any related permit, nor constitute evidence or be a consideration in any subsequent hearing or permit process regarding the emergency permit or any other permit, application or well for which the emergency permit was issued.RULE 5.5. REGULATION OF PRODUCTION FOR LOCAL WATER UTILITIES.
No performance or payment will be deemed to release the Trust from the consequences of the occurrence of any Related Event of Default hereunder.
The appointment of the Trust pursuant to Section 12.10(2) may be revoked by the Indenture Trustee at any time in respect of Related Collateral by notice in writing to the Trust upon a Significant Event having occurred in respect of Related Programme Agreements, but only so long as it is continuing, and shall be automatically revoked in respect of Related Collateral upon a Related Event of Default.