Other Material Default. A default by a party in the performance or observance of any material obligation of that party hereunder or under the Master Repurchase Agreement that, with the giving of notice or lapse of time or both, would become an Event of Default with respect to such party.
Appears in 3 contracts
Sources: Master Repurchase Agreement (FS Investment Corp III), Master Repurchase Agreement (FS Investment Corp II), Master Repurchase Agreement (FS Energy & Power Fund)