Potential Servicer Termination Event means any event that would constitute a Servicer Termination Event with the giving of notice or the passage of time or both.
Potential Servicer Termination Event means any event which but for the passage of time or the giving of notice or any combination thereof would constitute a Servicer Termination Event.
Potential Servicer Termination Event. Any event that, with the giving of notice or the lapse of time, or both, would become a Servicer Termination Event.
Examples of Potential Servicer Termination Event in a sentence
No Potential Servicer Termination Event or Servicer Termination Event has occurred and is continuing.
More Definitions of Potential Servicer Termination Event
Potential Servicer Termination Event means any occurrence of any event that with the passage of time or the giving of notice or both would constitute a Servicer Termination Event.
Potential Servicer Termination Event means any event which, with the passage of time, the giving of notice, or both, would (if not cured or otherwise remedied during such time) constitute a Servicer Termination Event. “Predecessor Servicer Work Product” has the meaning specified in Section 11.08(f). “Prime Rate” means the rate announced by Capital One, N.A. from time to time as its prime rate in the United States, such rate to change as and when such designated rate changes. The Prime Rate is not intended to be the lowest rate of interest charged by Capital One, N.A. in connection with extensions of credit to debtors. Capital One, N.A. may make commercial loans or other loans at rates of interest at, above, or below the Prime Rate. “Principal Balance” means, with respect to any Loan, as of any date of determination, the outstanding principal amount of such Loan (excluding any capitalized interest). “Principal Collections” means, with respect to any Collection Period or the related Determination Date, all amounts received by the Borrower during such Collection Period that do not constitute Interest Collections, including unapplied proceeds of the Advances and any Cash equity contributions. “Priority of Payments” has the meaning specified in Section 9.01(a). “Private Authorizations” means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities). “Proceeds” has, with reference to any asset or property, the meaning assigned to it under the UCC and, in any event, shall include, but not be limited to, any and all amounts from time to time paid or - 30- 34881204v6 110062879