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 any occurrence or event that, with the giving of notice, the passage of time or both, would constitute a Amortization Event.
Potential Amortization Event shall have the meaning specified in the Purchase Agreement.
Examples of Potential Amortization Event in a sentence
The Borrower hereby certifies that no Potential Amortization Event or Amortization Event has occurred and is continuing.
The Administrative Agent shall take such action with respect to such Amortization Event or Potential Amortization Event as shall be directed by any Lender.
Neither the Administrative Agent nor any Lender shall be deemed to have knowledge or notice of the occurrence of any Amortization Event or Potential Amortization Event unless it has received notice from the Administrative Agent or another Lender, as applicable, or a Loan Party referring to this Agreement, stating that an Amortization Event or Potential Amortization Event has occurred hereunder and describing such Amortization Event or Potential Amortization Event.
The occurrence of each Amortization Event and each Potential Amortization Event.
More Definitions of Potential Amortization Event
Potential Amortization Event means, with respect to any Series of Group I Notes, any occurrence or event which, with the giving of notice, the passage of time or both, would constitute an Amortization Event with respect to such Series of Group I 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 means any event which, with the giving of notice or the passing of time, or both, will unavoidably constitute an Amortization Event.
Potential Amortization Event means an event which, with the passage
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 is defined in the Series 1999-1 Supplement.
Potential Amortization Event means any event, condition or circumstance that, with the giving of notice or lapse of time, or both, would constitute an Amortization Event. “Potential Servicer Default” shall mean any event, condition or circumstance that, with the giving of notice or lapse of time, or both, would constitute a Servicer Default. “Potential Termination Event” shall mean an event which, but for the lapse of time or the giving of notice or both, would constitute a Termination Event. “Primary Servicing Duties” shall mean (a) establishment, maintenance and updates of collection practices under the Credit and Collection Policies, (b) recordation, reconciliation and processing of Collections on the Servicer’s computer systems, (c) establishment and maintenance of, (i) Servicer accounts for receipt of Collections and (ii) the Collection Account, (d) performing any calculations required to be performed by the Servicer under the Agreement, (e) preparing any reports required to be prepared by the Servicer under the Agreement, (f) applying Collections under Section 2.8 and (g) any other servicing obligations determined by the Administrative Agent in its reasonable discretion to be primary servicing obligations, as notified in writing by the Administrative Agent to the Servicer. “Prime Rate” shall mean, for any day, the rate of interest publicly announced from time to time by the Administrative Agent as its prime rate in effect at its principal office in New York City. -39- ▇▇▇▇▇▇▇▇ T-Mobile (EIP) Third A&R RPAA NJ 231109207v1 736153181 19632398