Failure to Deliver Collateral. The occurrence of an Event of Default under the ISDA Master Agreement dated July 16, 1998 between Party A and LBSF (the "Offsetting Transaction Master Agreement") as a result of LBSF's failure to deliver, or procure delivery of, collateral to Party A in the amounts and within the time required (subject to any applicable cure period) thereunder and under the terms of any applicable Credit Support Document, as such may be amended from time to time without the consent of, or notice to, Party B, provided such amendments are consistent with the requirements of Party A's financial program as represented to the Relevant Rating Agencies;
Appears in 4 contracts
Samples: Master Agreement (Lehman Abs Corp Repac Ge Glob Ins FLT Rt Tr Cert Ser 2002-1), Master Agreement (Lehman Abs Corp Repack Amer Gen Float Rt Tr Certs Ser 2003-1), Master Agreement (Lehman Abs Corp Repack Amer Gen Float Rt Tr Certs Ser 2003-1)
