Incipient Event of Termination definition

Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.
Incipient Event of Termination means any event which, with the giving of notice or lapse of time or both, would constitute an Event of Termination.
Incipient Event of Termination or "Facility Termination Date" under the Transfer Agreement;

Examples of Incipient Event of Termination in a sentence

  • So long as no Event of Termination or Incipient Event of Termination would occur or be continuing after giving effect thereto, the Seller shall have the right to repurchase all, but not less than all, of the Receivable Interests held by the Investors and the Banks upon not less than 15 days’ prior written notice to the Purchaser Agents.

  • Neither any Purchaser Agent nor the Administrative Agent shall be deemed to have knowledge or notice of the occurrence of an Event of Termination or Incipient Event of Termination unless such Person has received notice from another Purchaser Agent, a Purchaser, the Seller or the Collection Agent referring to this Agreement, stating that an Event of Termination or Incipient Event of Termination has occurred hereunder and describing such Event of Termination or Incipient Event of Termination.


More Definitions of Incipient Event of Termination

Incipient Event of Termination or "Facility Termination Date" (each as defined in and under any Purchase Agreement);
Incipient Event of Termination has the meaning specified in the Purchase Agreement and the Purchase and Contribution Agreement.
Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event
Incipient Event of Termination set forth in Exhibit I to the Receivables Purchase Agreement is hereby amended by deleting the phrasesthe Purchase Agreement and” where it appears therein.
Incipient Event of Termination or "Facility Termination Date" under the IKON Loan Agreement;
Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination. “Indemnified Amounts” has the meaning specified in Section 3.01 of the Agreement.

Related to Incipient Event of Termination

  • Event of Termination has the meaning specified in Section 7.01.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • 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.

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  • Event of Servicing Termination means an event specified in Section 8.1 of the Sale and Servicing Agreement.