Potential Termination Event definition

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.
Potential Termination Event means any Termination Event or any event or condition that with the lapse of time or giving of notice, or both, would constitute a Termination Event.
Potential Termination Event means any event or circumstance specified in Clause 54 (Termination Events) which would (with the expiry of a grace period, the giving of notice, the making of any determination under the Transaction Documents or any combination of any of the foregoing) be a Termination Event;

Examples of Potential Termination Event in a sentence

  • The borrower shall notify CIMB Singapore promptly of the occurrence of any Termination Event or Potential Termination Event or any other event which might affect its ability to perform its obligations under or in connection with the Credit Documents to which it is a party.


More Definitions of Potential Termination Event

Potential Termination Event means any condition act omission or event which, with the giving of notice, lapse of time and/or the making of any determination by DBS Bank, would become a Termination Event;
Potential Termination Event shall have the meaning specified in the Security Agreement.
Potential Termination Event means an event or state of affairs which is mentioned in Clause 21.1 but which has not become a Termination Event because a period has not elapsed or a notice has not been given.
Potential Termination Event means an event which, with the passage time or the giving of notice, or both, would constitute a Termination Event.
Potential Termination Event means an event or state of affairs which is mentioned in Clause 19.1 but which has not become a Termination Event because a period has not elapsed or a notice has not been given in each case as specified in Clause 19.1.
Potential Termination Event means any event which, with the giving of any notice and/or the passing of time and/or the making of any determination by the Bank, would become a Termination Event;
Potential Termination Event means any event which of itself or with the giving of notice or lapse of time, or both, would constitute an Event of Default (unless waived by the Required Purchasers).