Definition of Potential Event of Default

  1. Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

Examples of Potential Event of Default in a sentence

  1. No Event of Default or Potential Event of Default or, to its knowledge, Termination Event with respect to it has occurred and is continuing and no such event or circumstance would occur as a result of its entering into or performing its obligations under this Agreement or any Credit Support Document to which it is a party.

Definition of Potential Event of Default in Master Agreement

Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.


Definition of Potential Event of Default in Agreement

Potential Event of Default means an event or circumstance which, with the giving of any notice, the lapse of time, a determination of the Lenders and/or the satisfaction of any other condition, would constitute an Event of Default;


Definition of Potential Event of Default in Amended and Restated

Potential Event of Default means a condition or event which, after notice or lapse of time or both, would constitute an Event of Default if that condition or event were not cured or removed within any applicable grace or cure period.