Amortization Events definition

Amortization Events means the occurrence of any of the following:
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Amortization Events set forth in Section 1.1 of the Credit Agreement is hereby amended and restated as follows:
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Examples of Amortization Events in a sentence

  • If the Series established hereby is eligible to have an Early Accumulation Period, each of the events described in clause (a), (b), (g), (i) or (j) of Section 9.01 of the Pooling and Servicing Agreement shall not be Amortization Events but shall instead be Early Accumulation Events.

  • In addition, the events set forth in Section 21 shall constitute either Early Accumulation Events or additional Amortization Events with respect to the Series established hereby.

  • In connection with the preparation of each Monthly Investor Report, the Servicer will review the Amortization Events and determine whether an Amortization Event occurred during the Collection Period immediately preceding the related Collection Period (after giving effect to any acquisition of Additional Receivables during such Collection Period), and the Monthly Investor Report shall indicate whether or not an Amortization Event has occurred.

  • The Amortization Events set forth above are in addition to, and not in lieu of, the Amortization Events set forth in the Base Indenture applicable to all Series of Notes.

  • If the Series established hereby is eligible to have an Early Accumulation Period, each of the events described in clause (a), (b), (g) or (i) of Section 9.01 of the Pooling and Servicing Agreement shall not be Amortization Events but shall instead be Early Accumulation Events.

  • In addition, the events set forth in Section 21 shall constitute either Early Accumulation Events or additional Amortization Events with respect to the Series established hereby .

  • The Indenture Trustee agrees to cooperate with the Servicer in connection with the Servicer’s preparation of the Monthly Servicer Report, including without limitation, providing account balances of Trust Accounts and notification of the Events of Default or Amortization Events and other information of which the Indenture Trustee has knowledge which may affect the Monthly Servicer Report.

  • It is understood that the financial terms that may not be disclosed except in compliance with this Section 13.4(a) include, without limitation, all fees and other pricing terms, and all Amortization Events and priority of payment provisions.

  • Clause 7.1 (Amortization Events), the provisions of this Agreement may be waived only in accordance with Annex 2 paragraph 2 (Amendments).

  • In connection with the preparation of each Monthly Investor Report, the Servicer will review the Amortization Events for each Series and determine whether an Amortization Event for any Series occurred during the related Collection Period (after giving effect to all transactions during such Collection Period), and the Monthly Investor Report shall indicate whether or not an Amortization Event for any Series has occurred.

Related to Amortization Events

  • Amortization Event has the meaning specified in Article IX.

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Early Amortization Event means the occurrence of any of the following events:

  • Potential Amortization Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Amortization Event.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.