Potential Program Termination Event definition

Potential Program Termination Event means any condition or act that, with the giving of notice or the lapse of time or both, would constitute a Program Termination Event.

Examples of Potential Program Termination Event in a sentence

  • As of the Effective Date, no ---------------------------- Potential Program Termination Event or Program Termination Event shall have occurred and be continuing.

  • No Potential Program Termination Event or Program Termination Event shall have occurred and be continuing.

  • As of the Effective Date, no Potential Program Termination Event or Program Termination Event shall have occurred and be continuing.

Related to Potential Program Termination Event

  • Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute a Termination Event.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.