Limitation of Defaults and Termination. Notwithstanding the terms of Sections 5 and 6 of this Agreement, Party A shall be entitled to designate an Early Termination Date pursuant to Section 6 of this Agreement only as a result of the occurrence of an Event of Default set forth in Section 5(a)(i) or 5(a)(vii)(4) with respect to Party B as the Defaulting Party or a Termination Event set forth in Sections 5(b)(i) or 5(b)(iii) of this Agreement with respect to Party A as the Affected Party.
Appears in 19 contracts
Sources: Master Agreement (GE Capital Credit Card Master Note Trust), Master Agreement (GE Capital Credit Card Master Note Trust), Master Agreement (GE Capital Credit Card Master Note Trust)
Limitation of Defaults and Termination. Notwithstanding the terms of Sections 5 and 6 of this Agreement, Party A shall be entitled to designate an Early Termination Date pursuant to Section 6 of this Agreement only as a result of the occurrence of an Event of Default set forth in Section 5(a)(i) or 5(a)(vii)(4) ), with respect to Party B as the Defaulting Party or a Termination Event set forth in Sections 5(b)(i) or 5(b)(iii) of this Agreement with respect to Party A as the Affected Party.
Appears in 5 contracts
Sources: Master Agreement (RFS Holding LLC), Master Agreement (RFS Holding LLC), Master Agreement (RFS Holding LLC)
Limitation of Defaults and Termination. Notwithstanding the terms of Sections 5 and 6 of this Agreement, Party A B shall be entitled to designate an Early Termination Date pursuant to Section 6 of this Agreement only as a result of the occurrence of an Event of Default set forth in Section 5(a)(i) or 5(a)(vii)(45(a)(vii) with respect to Party B A as the Defaulting Party or a Termination Event set forth in Sections 5(b)(i) or 5(b)(iii5(b)(ii) of this Agreement with respect to Party A B as the Affected Party.
Appears in 2 contracts
Sources: Master Agreement (Cef Equipment Holding LLC), Master Agreement (Cef Equipment Holding LLC)
Limitation of Defaults and Termination. Notwithstanding the terms of Sections 5 and 6 of this Agreement, Party A shall be entitled to designate an Early Termination Date pursuant to Section 6 of this Agreement only as a result of the occurrence of an Event of Default set forth in Section 5(a)(i) or 5(a)(vii)(4) as amended above with respect to Party B as the Defaulting Party or a Termination Event set forth in Sections 5(b)(i) or 5(b)(iii) of this Agreement with respect to Party A as the Affected Party.
Appears in 2 contracts
Sources: Master Agreement (Cef Equipment Holding LLC), Master Agreement (GE Equipment Midticket LLC, Series 2006-1)
Limitation of Defaults and Termination. Notwithstanding the terms of Sections 5 and 6 of this Agreement, Party A shall be entitled to designate an Early Termination Date pursuant to Section 6 of this Agreement only as a result of the occurrence of an Event of Default set forth in Section 5(a)(i) or 5(a)(vii)(45(a)(vii) as amended above with respect to Party B as the Defaulting Party or a Termination Event set forth in Sections 5(b)(i) or 5(b)(iii) of this Agreement with respect to Party A as the Affected Party.
Appears in 2 contracts
Sources: Master Agreement (Cef Equipment Holding LLC), Master Agreement (Cef Equipment Holding Ge Commerical Equip Fin Series 2004-1)
Limitation of Defaults and Termination. Notwithstanding the terms of Sections 5 and 6 of this Agreement, Party A shall be entitled to designate an Early Termination Date pursuant to Section 6 of this Agreement only as a result of the occurrence of an Event of Default set forth in Section 5(a)(i) or 5(a)(vii)(45(a)(vii)(1),(4), or (6) with respect to Party B as the Defaulting Party or a Termination Event set forth in Sections 5(b)(i), 5(b)(ii), 5(b)(iii) or 5(b)(iii5(b)(v) of this Agreement with respect to Party A as the Affected Party.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GE-WMC Asset-Backed Pass Through Certificates, Series 2005-1)