Defaults by Counterparties. (a) Upon the occurrence of an event of default (as defined in the Securities Loan Agreement or other documentation governing an Investment) by a Borrower or a Counterparty or other obligor on an Investment, MetWest may, unless such event of default is cured prior thereto, terminate such Loan or Investment in accordance with the Securities Loan Agreement or any documentation covering the Investment, and MetWest shall inform Client regarding its rights thereunder.
Appears in 4 contracts
Samples: Securities Lending Management Agreement (American Aadvantage Funds), Management Agreement (American Aadvantage Funds), Management Agreement (American Aadvantage Funds)