Ownership Trigger Event definition

Ownership Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement.
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Ownership Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement. A-21 Definitions (SDART 2021-4)
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Examples of Ownership Trigger Event in a sentence

  • If a Put Option SFX Ownership Trigger Event occurs, then the Buyer shall provide notice thereof to One of Us promptly after becoming aware thereof.

Related to Ownership Trigger Event

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Ratings Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Auto-Call Trigger Event means an event which occurs if, in the determination of the Calculation Agent, the Index Performance as of the Valuation Time on an Auto-Call Valuation Date is greater than or equal to the relevant Auto-Call Trigger Level.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).