Seller Event of Default. Each of the following is also an “Event of Default” with respect to Seller, with Seller being the “Defaulting Party”: (a) a Credit Event occurs with respect to Seller or Seller’s Guarantor; or (b) more than one Seller Failure.
Appears in 6 contracts
Sources: Master Allowance/Offset Credit Purchase Agreement, Master Allowance/Offset Credit Purchase Agreement, Master Allowance/Offset Credit Purchase Agreement