Potential Termination Event definition

Potential Termination Event means an event which, with the giving of notice and/or the lapse of time, would constitute a Termination Event.
Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.
Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute a Termination Event.

Examples of Potential Termination Event in a sentence

  • No Termination Event or Potential Termination Event has occurred and is continuing.

  • In the case of the SPV, no event has occurred and is continuing and no condition exists which constitutes a Termination Event or a Potential Termination Event.

  • In the event any Potential Termination Event described in clause (g) under the subheading “Events of Termination” above becomes an Event of Termination, this Agreement shall terminate pursuant to the terms of clause (a) of this subheading “Remedies”.

  • The SPV, on its own behalf and, during the continuation of a Termination Event or Potential Termination Event, on behalf of the Agent, each Managing Agent and each Secured Party, shall promptly enforce all covenants and obligations of the Originators contained in the First Tier Agreement.

  • Neither the Agent nor any Managing Agent shall be deemed to have knowledge or notice of the occurrence of a Potential Termination Event, a Termination Event or a Servicer Default, unless it has received written notice from an Investor or the SPV referring to this Agreement, describing such Potential Termination Event, Termination Event or Servicer Default and stating that such notice is a “Notice of Termination Event or Potential Termination Event” or “Notice of Servicer Default,” as applicable.


More Definitions of Potential Termination Event

Potential Termination Event means any Termination Event or any event or condition that with the lapse of time or giving of notice, or both, would constitute a Termination Event.
Potential Termination Event means any event or circumstance specified in Clause 54 (Termination Events) which would (with the expiry of a grace period, the giving of notice, the making of any determination under the Transaction Documents or any combination of any of the foregoing) be a Termination Event;
Potential Termination Event means an event which, with the passage of any applicable cure period or the giving of notice, or both, would constitute a Termination Event.
Potential Termination Event means any event that, with the giving of notice or the passage of time, or both, would constitute a Termination Event.
Potential Termination Event means any condition act omission or event which, with the giving of notice, lapse of time and/or the making of any determination by DBS Bank, would become a Termination Event;
Potential Termination Event means an event which, with the passage of time or notice or both, would constitute an Event of Termination.
Potential Termination Event shall have the meaning specified in the Security Agreement.