Potential Amortization Event definition

Potential Amortization Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Amortization Event.
Potential Amortization Event means an event which, but for the lapse of time or the giving of notice or both, would constitute an Amortization Event.
Potential Amortization Event means any occurrence or event that, with the giving of notice, the passage of time or both, would constitute a Amortization Event.

Examples of Potential Amortization Event in a sentence

  • The occurrence of each Amortization Event and each Potential Amortization Event, by a statement of an Authorized Officer of such Seller Party.

  • The Agent shall not be deemed to have knowledge of any Amortization Event or Potential Amortization Event unless the Agent has received notice from Seller or a Purchaser.

  • Agent shall not be deemed to have knowledge of any Amortization Event or Potential Amortization Event unless Agent has received notice from Seller or a Purchaser.

  • Maruschak, “Parents in Prison and Their Minor Children,” U.S. Department of Justice, Bureau of Justice Statistics Special Report, August 2008, p.

  • As of the date hereof, both before and after giving effect to this Amendment, no Amortization Event or Potential Amortization Event shall have occurred and be continuing (and by its execution hereof, each Seller Party shall be deemed to have represented and warranted such).


More Definitions of Potential Amortization Event

Potential Amortization Event means, with respect to any Series of Group II Notes, any occurrence or event that, with the giving of notice, the passage of time or both, would constitute an Amortization Event with respect to such Series of Group II Notes.
Potential Amortization Event means an event which, with the passage of any applicable cure period or the giving of notice, or both, would constitute an Amortization Event. For the avoidance of doubt but without limiting the generality of the foregoing, the occurrence of any event or condition under any agreement or instrument relating to any Material Indebtedness of any Originator which continues after any applicable grace period or notice, if any, specified in such agreement or instrument, which permits the holder thereof to accelerate, the maturity of such Material Indebtedness or require such Material Indebtedness to be prepaid (other than by a regularly scheduled required prepayment), redeemed, purchased or defeased, or require any Obligor to offer to repay, redeem, purchase or defease such Material Indebtedness, in each case prior to the stated maturity thereof shall constitute a Potential Amortization Event hereunder; provided, that any such event or condition as to which any applicable grace period or notice requirement applies which does not remain continuing beyond such applicable grace period or notice requirement shall not constitute a Potential Amortization Event.
Potential Amortization Event shall have the meaning specified in the Purchase Agreement.
Potential Amortization Event means an event that, with the giving of notice or passage of time or both, would constitute an Amortization Event (other than an Amortization Event as set forth in clauses (n) and (o) of Article IV).
Potential Amortization Event means any event or condition which with notice, passage of time or both would constitute an Amortization Event. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Potential Amortization Event has the meaning specified, with respect to any Group of Notes or Series of Notes, in the applicable Group/Series Supplement.
Potential Amortization Event means an event which, with the passage