Trigger Event definition
Trigger Event shall have the meaning specified in Section 14.04(c).
Trigger Event. A Trigger Event is in effect with respect to any Distribution Date on or after the Stepdown Date if:
Trigger Event. Either a Cumulative Loss Trigger Event or a Delinquency Trigger Event.
Examples of Trigger Event in a sentence
Transaction, no further Trigger Event Payments shall be required with respect to any Trigger Event occurring thereafter, and any amounts held in escrow in respect of Trigger Events occurring prior to such consummation shall be released to e2 in accordance with this Section 1.2.
Transaction has not yet been consummated, then any Trigger Event Payment that would otherwise be required under Section 1.2(a) shall instead be deposited by e2 (or the applicable payor) into an escrow account pursuant to an escrow agreement on terms reasonably acceptable to NETD.
More Definitions of Trigger Event
Trigger Event. A Trigger Event shall have occurred with respect to any Distribution Date if either a Delinquency Event or a Cumulative Loss Trigger Event is in effect for such Distribution Date.
Trigger Event has the meaning specified in Section 4.04(c).
Trigger Event has the meaning specified in Section 12.4(d) hereof.
Trigger Event means, on any distribution date while any of the class A notes are outstanding, that the outstanding principal balance of the notes, less any amounts (exclusive of investment earnings) on deposit in any accumulation account, after giving effect to distributions to be made on that distribution date, would exceed the Adjusted Pool Balance as of the end of the related collection period.
Trigger Event shall have the meaning specified in Section 9.04(c).
Trigger Event. As defined in Section 8.03.
Trigger Event. A Trigger Event has occurred with respect to a Distribution Date if: