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.
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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;
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Potential Termination Event means an event which, without remedial action and with the passage of time or the giving of notice, or both, would constitute a Termination Event.
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Examples of Potential Termination Event in a sentence

  • No event has occurred and is continuing and no condition exists which constitutes a Termination Event or a Potential Termination Event.

  • After giving effect to this Amendment, no event has occurred and is continuing that constitutes a Termination Event or a Potential Termination Event.

  • The occurrence of each Termination Event and each Potential Termination Event, by a statement of an Authorized Officer of Originator.

  • After any waiver, the Seller, the Purchasers and the Agent shall be restored to their former position and rights and any Potential Termination Event waived shall be deemed to be cured and not continuing, but no such waiver shall extend to (or impair any right consequent upon) any subsequent or other Potential Termination Event.

  • The occurrence of each Termination Event and each Potential Termination Event, by a statement of an Authorized Officer of such Originator.


More Definitions of Potential 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;
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Potential Termination Event shall have the meaning specified in the Security Agreement.
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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.
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Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Termination Event.
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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;
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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.
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Potential Termination Event means the occurrence of any Event of Default, Exchange Note Default or Servicer Termination Event (unless waived by the Required Purchasers).
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