Default Events. (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):
Default Events. Each of the following events shall constitute a Default:
Default Events. 5.1 The following circumstances shall constitute a Default Event:
Default Events. The Client will be considered in default of this Agreement if any of the following events occur, whether or not they are within a Client’s control:
Default Events. In the event of a default as defined in the applicable SLA by a borrower with respect to any loan entered into pursuant to an SLA, GSAL will, and is hereby authorized by each Lender to, exercise on Lender's behalf, in its discretion and without prior notification to Lender, any and all remedies provided thereunder or available under applicable law. In addition, the following applies:
Default Events. Each of the following events shall constitute an event of default (a “Default”):
Default Events. 7.1 A Default Event occurs, if
Default Events. Each of the following shall be a “Default Event”:
Default Events. The Principal Debtor shall immediately give notice to the Crown of any Default Event or any circumstance or event which, with the passage of time, the giving of notice or the taking of any other action would, or would be likely to, constitute or give rise to a Default Event.
Default Events. A Party is in default under this Agreement if any of the following occurs (each an “Event of Default”):