Potential Default

Example Definitions of "Potential Default"
Potential Default. Shall mean an event which but for the lapse of time or the giving of notice, or both, would constitute an Event of Default
Found in Landmark Apartment Trust, Inc. contract
Potential Default. Means any condition, action, or failure to act which, with the passage of time, service of notice, or both, will constitute an Event of Default under this Agreement.
Found in UNIVERSAL LOGISTICS HOLDINGS, INC. contract
Potential Default. Any condition, event, act or omission which, with the giving of notice or passage of time or both, would constitute an Event of Default as described in Article VI below
Found in SolarWindow Technologies, Inc. contract
All Definitions