Definition of Potential Monetary Default

  1. Potential Monetary Default means a failure by Borrower to pay a liquidated sum of money when due pursuant to the terms of the Loan Documents, without regard to any applicable notice, grace of cure periods.

Definition of Potential Monetary Default in Agreement of Limited Partnership

Potential Monetary Default means the failure by any Partner to make any Capital Contribution that such Partner is required to make pursuant to Section 4.2 of this Agreement. 15


Definition of Potential Monetary Default in Term Loan Agreement

Potential Monetary Default means a failure by Borrower to pay a liquidated sum of money when due pursuant to the terms of the Loan Documents, without regard to any applicable notice, grace of cure periods.