Common use of Default by the Lender Clause in Contracts

Default by the Lender. The occurrence of any one or more of the following events or conditions shall constitute an Event(s) of Default by the Lender under this Participation Agreement, unless upon written approval of the Chairperson of the MSF Board or MSF Fund Manager, a written waiver of the Event(s) of Default is provided by the MSF to the Lender:

Appears in 3 contracts

Samples: Participation and Servicing Agreement, Loan Participation and Servicing Agreement, Participation and Servicing Agreement

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Default by the Lender. The occurrence of any one or more of the following events or conditions shall constitute an Event(s) of Default by the Lender under this Participation Deposit Agreement, unless upon a written approval waiver of the default is signed by the Chairperson of the MSF Board or MSF Fund Manager, a written waiver of the Event(s) of Default is provided by the MSF to the Lender:

Appears in 2 contracts

Samples: Collateral Deposit Agreement, Collateral Deposit Agreement

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