| 1. | All market users would be at risk in the event of default,
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| 2. | Whilst an Event of Default subsisted any right to payment was effectively suspended.
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| 3. | A number of the bonds have special insurance to continue payments in the event of default.
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| 4. | In the event of default, the investor has recourse to both the pool and the issuer.
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| 5. | The company says an event of default exists in a secured loan facility that has 11 mln.
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| 6. | In its earliest form, it consisted of standard definitions, representations and warranties, events of default, and remedies.
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| 7. | Borrowers'husbands sign checks which, in the event of default, allow the debt to be pursued in the courts.
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| 8. | In the event of default, the moneylender recovered the loan by foreclosing on the land from the farmer.
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| 9. | Generally, their parents will provide a guarantee to the lender to cover any shortfall in the event of default.
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| 10. | In the event of default, those in the long position on either CDO or synthetic CDO suffer large losses.
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