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