Definition of Potential Termination Event

  1. Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.

Examples of Potential Termination Event in a sentence

  1. No Potential Termination Event that will not be cured by this Amendment becoming effective has occurred and is continuing.
  2. Notice of Termination Event, Potential Termination Event or Servicer Default.

Definition of Potential Termination Event in Receivables Sale Agreement

Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.


Definition of Potential Termination Event in Sale Agreement

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


Definition of Potential Termination Event in Amendment Agreement

Potential Termination Event means an event which, without remedial action and with the passage of time or the giving of notice, or both, would constitute a Termination Event.