Template:GTMA Master Agreement 2004 12.1.5

12.1.5 (Material Obligations) the Party fails to perform a material obligation under this Agreement (including clause 3.3.1 but other than an obligation referred to in clause 12.1.3 or 12.1.4) and that failure is not remedied within 5 Banking Days of the Non-Defaulting Party giving the Party notice of that failure;