Potential Termination Event definition

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 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 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;

Examples of Potential Termination Event in a sentence

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


More Definitions of Potential Termination Event

Potential Termination Event means an event or state of affairs which is mentioned in Clause 21.1 but which has not become a Termination Event because a period has not elapsed or a notice has not been given.
Potential Termination Event shall have the meaning specified in the Security Agreement.
Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Termination Event.
Potential Termination Event means, an event or circumstance specified in Clause 49 (Termination Event) which would, with the expiry of any applicable grace period, the giving of any notice, the lapse of time, a determination under the Transaction Documents or any combination of the foregoing, be a Termination Event.
Potential Termination Event means any event which, with the giving of any notice and/or the passing of time and/or the making of any determination by the Bank, would become a Termination Event;
Potential Termination Event means any event or circumstance which, with the giving of notice and/or the lapse of time and/or the fulfilment of any other condition, is likely to constitute a Termination Event.
Potential Termination Event means the occurrence of any Event of Default, Exchange Note Default or Servicer Termination Event (unless waived by the Required Purchasers).