Potential Manager Termination Event definition

Potential Manager Termination Event means any occurrence or event which, with the giving of notice, the passage of time or both, would constitute a Manager Termination Event.

Potential Manager Termination Event means any occurrence or event which, with the giving of notice, the passage of time or both, would constitute a Manager Termination Event. “Potential Rapid Amortization Event” means any occurrence or event which, with the giving of notice, the passage of time or both, would constitute a Rapid Amortization Event; provided that any occurrence or event which, with the giving of notice, the passage of time or both, would constitute a Rapid Amortization Event as described in clause (e) of the definition of Rapid Amortization Event, shall not constitute a Potential Rapid Amortization Event. “Prime Rate” means the rate of interest publicly announced from time to time by a commercial bank mutually agreed upon by the Manager and the Servicer as its reference rate,

Potential Manager Termination Event or any substantially equivalent term, each as defined under a Permitted Securitization Financing, and such interpretation shall control and govern. Section 9.20

Examples of Potential Manager Termination Event in a sentence

• Potential Manager Termination Event No Cash Trapping CommencedCommencement Datei.

• The Trustee shall not be charged with knowledge of any Default, Event of Default, Potential Rapid Amortization Event, Rapid Amortization Event, Manager Termination Event or Potential Manager Termination Event or Back-Up Manager Termination Event until such time as a Trust Officer of the Trustee shall have Actual Knowledge or have received written notice thereof.

• Potential Manager Termination Event NoCash Trapping Commenced Date of Commencementi.

• Potential Manager Termination Event No Cash Trapping Non-Amortization Test Date of Commenced Commencementi.

• It is essential to refer to the applicable aggregate specifications to determine if both washing and dry sieving are required to establish compliance with the required specifica- tions.

• The Trustee shall not be charged with knowledge of any Mortgage Preparation Event, Mortgage Recordation Event, Default, Event of Default, Potential Rapid Amortization Event, Rapid Amortization Event, Manager Termination Event, Potential Manager Termination Event or Servicer Termination Event or the commencement and continuation of a Cash Trapping Period until such time as a Trust Officer shall have Actual Knowledge or have received written notice thereof.

• Potential Manager Termination Event No Cash TrappingCommenced Commencement Datei.