h payment by the maturity or scheduled expiration thereof; (iv) does not require future advances to be made to the obligor in accordance with its Underlying Instrument unless it is a Credit Facility; (v) is eligible to be sold, assigned or participated to the Issuer and pledged to the Trustee; (vi) is not a Def

stitute a default under this clause (i) unless it has continued for the lesser of five Business Days and the applicable grace period in the related Underlying Instrument; provided, further, that in the case of a payment default by a Selling Institution (or their respective guarantors), the related Participation, res

he Trustee in accordance with Section 10.2(a), then the Trustee shall request the obligor of such Pledged Obligation, the trustee under the related Underlying Instrument or paying agent designated by either of them, as the case may be, to make such payment as soon as practicable after such request but in no event lat

h payment by the maturity or scheduled expiration thereof: (iv) does not require future advances to be made to the obligor in accordance with its Underlying Instrument unless it is a Credit Facility; (v) is eligible to be sold, assigned or participated to the Issuer and pledged to the Trustee; (vi) is not a Defa

stitute a default under this clause (i) unless it has continued for the lesser of five Business Days and the applicable grace period in the related Underlying Instrument; provided, further, that in the case of a payment default by a Selling Institution (or their respective guarantors). the related Participation, resp

stitute a default under this clause (i) unless it has continued for the lesser of five Business Days and the applicable grace period in the related Underlying Instrument; provided, further, that in the case of a payment default by a Selling Institution (or their respective guarantors), the related Participation, res

he Trustee in accordance with Section 10.2(a), then the Trustee shall request the obligor of such Pledged Obligation, the trustee under the related Underlying Instrument or paying agent designated by either of them, as the case may be, to make such payment as soon as practicable after such request but in no event lat

stitute a default under this clause (i) unless it has continued for the lesser of five Business Days and the applicable grace period in the related Underlying Instrument; provided, further, that in the case of a payment default by a Selling Institution (or their respective guarantors). the related Participation, resp