Template:Nutshell Pledge GMSLA 17

17 Single Agreement
The parties enter into this Agreement and each Loan on the assumption that Loans constitute a single business and contractual relationship and are made in consideration of each other and therefore agrees:

(a) that its default under one Loan will be a default under all of them (except where provided otherwise); and

(b) that its performance under any one Loan is in consideration of the other Party’s performance under all Loans.