Transfer to Avoid Termination Event definition

Transfer to Avoid Termination Event provision of Section 6(b)(ii) shall be amended by deleting the words “or if a Tax Event upon Merger occurs and the Burdened Party is the Affected Party.”
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Transfer to Avoid Termination Event provision of Section 6(b)(ii), after the words “another of its Offices or Affiliates” on the seventh line add “(in respect of which the Designated Rating Agencies confirm that the transfer will not cause a reduction or withdrawal of the rating of the Notes)”.
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Transfer to Avoid Termination Event provisions of Section 6(b)(ii) will not apply to Party B if Party B is the Affected Party.
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More Definitions of Transfer to Avoid Termination Event

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by adding at the end thereof before the period in the third paragraph the following condition: , and the prior written confirmation from each Rating Agency that the then current rating of the Class A-5 Notes will not be withdrawn or reduced as a result of such transfer
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Related to Transfer to Avoid Termination Event

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.