Credit Support Default. Failure by the party or any Credit Support Provider of such party to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with any Credit Support Document if such failure is continuing after any applicable grace period has elapsed;
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Samples: International Prime Brokerage Agreement, Credit Agreement (Williams Companies Inc), Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-5)
Credit Support Default. (1) ) Failure by the party or any Credit Support Provider of such party to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with any Credit Support Document if such failure is continuing after any applicable grace period has elapsed;
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