Potential Collateral Manager Termination Event definition

Potential Collateral Manager Termination Event means any event which, with the passage of time, the giving of notice, or both, would (if not cured or otherwise remedied during such time) constitute a Collateral Manager Termination Event.
Potential Collateral Manager Termination Event means any event which, with the passage of time, the giving of notice, or both, would constitute a Collateral Manager Termination Event.
Potential Collateral Manager Termination Event means any event which, with the passage of time, the giving of notice, or both, would (if not cured or otherwise remedied during such time) constitute a Collateral Manager Termination Event. “Pounds Sterling” means the lawful currency of the United Kingdom. “Prime Rate” means the rate announced by KeyBank National Association from time to time as its prime rate in the United States, such rate to change as and when such designated rate changes. The Prime Rate is not intended to be the lowest rate of interest charged by KeyBank National Association in connection with extensions of credit to debtors. KeyBank National Association may make commercial loans or other loans at rates of interest at, above, or below the Prime Rate. “Principal Balance” means, with respect to any Loan, as of any date of determination, the Dollar Equivalent of the outstanding principal amount of such Loan (excluding any capitalized interest). “Principal Collection Subaccount” has the meaning specified in Section 8.02(a). “Principal Proceeds” means, with respect to any Collection Period or the related Determination Date, all amounts received by the Borrower during such Collection Period that do not constitute Interest Proceeds, including unapplied proceeds of the Advances and any Cash equity contributions (unless specified by the Collateral Manager to constitute Interest Proceeds in accordance with Section 10.05).

Examples of Potential Collateral Manager Termination Event in a sentence

  • As soon as possible and in any event within two (2) Business Days after a Responsible Officer obtains actual knowledge of the occurrence of an Event of Default, a Default, a Potential Collateral Manager Termination Event or a Collateral Manager Termination Event, the Collateral Manager shall deliver to the Administrative Agent a written statement, signed by a Responsible Officer, setting forth the details of such event and the action that the Collateral Manager proposes to take with respect thereto.

Related to Potential Collateral Manager 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.

  • Servicer Termination Notice Defined in Section 6.15.

  • 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.