Series Termination Event definition
Examples of Series Termination Event in a sentence
The Series Pool will not terminate prior to the occurrence of a Series Termination Event.
The Administrator will promptly provide notice to ▇▇▇▇▇▇▇ Mac, the Sponsor, the Remarketing Agent and each applicable Rating Agency of any Series Termination Event.
In the event that an Event of Dissolution or a Series Termination Event shall occur, then the Company or, upon a Series Termination Event, the applicable Series, shall be liquidated and its affairs shall be wound up.
The Servicer may, or may cause an Affiliated Party to, provide Permitted Cure Funds to cure any Loan Series Termination Event or Facility Termination Event hereunder.
The Administrator will promptly provide notice to F▇▇▇▇▇▇ Mac, the Sponsor, the Remarketing Agent, if any, and each applicable Rating Agency of any Series Termination Event.
Upon the dissolution of the Company or a Series Termination Event, the Manager shall wind up the Company’s or such Series’ affairs and satisfy the Company’s or such Series’ liabilities.