Template:M summ Pledge GMSLA 10: Difference between revisions

Template:M summ Pledge GMSLA 10 (view source)

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	:''Each {{pgmslaprov\|Event of Default}} listed in Paragraph {{pgmslaprov\|10.1}}(a), (b) and (c) will become {{pgmslaprov\|Events of Default}} only if, within 2 hours following the {{~~gmslaprov~~\|Lender}}’s written notice to the {{~~gmslaprov~~\|Borrower}} of the event in question, {{~~gmslaprov~~\|Borrower}} has not cures the relevant default in full. Upon the expiry of that 2 hour period without such cure, the {{~~gmslaprov~~\|Event of Default}} will occur immediately without the need for further notice from the {{pgmslaprov\|Lender}}.''		:''Each {{pgmslaprov\|Event of Default}} listed in Paragraph {{pgmslaprov\|10.1}}(a), (b) and (c) will become {{pgmslaprov\|Events of Default}} only if, within 2 hours following the {{pgmslaprov\|Lender}}’s written notice to the {{pgmslaprov\|Borrower}} of the event in question, {{pgmslaprov\|Borrower}} has not cures the relevant default in full. Upon the expiry of that 2 hour period without such cure, the {{pgmslaprov\|Event of Default}} will occur immediately without the need for further notice from the {{pgmslaprov\|Lender}}.''