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cross-default provision

  • 1 cross-default provision

    положення про пред'явлення боргу до дострокового стягнення при невиконанні зобов'язань з другого кредиту (порушення зобов'язань перед одним кредитором створює у другого кредитора право на пред'явлення боргу до дострокового стягнення); застереження про перехресний дефолт (розм.)

    The English-Ukrainian Dictionary > cross-default provision

См. также в других словарях:

  • cross-default — A clause which operates by automatically defaulting a party under Agreement A where it has defaulted under Agreement B. A cross default provision effectively gives the non defaulting party under Agreement A the benefit of the default provisions… …   Law dictionary

  • cross default — Provision in the loan documents in which the debtor agrees that default on one loan will also constitute default on other obligations to the creditor. American Banker Glossary …   Financial and business terms

  • Cross default — A provision under which default on one debt obligation triggers default on another debt obligation. The New York Times Financial Glossary …   Financial and business terms

  • cross-default — A provision under which default on one debt obligation triggers default on another debt obligation. Bloomberg Financial Dictionary …   Financial and business terms

  • cross-acceleration — USA A clause which operates by defaulting a borrower under Agreement A when it defaulted under Agreement B and the lender under Agreement B accelerates repayment. A cross acceleration provision effectively gives the lender under Agreement A the… …   Law dictionary

  • Default (finance) — Finance Financial markets Bond market …   Wikipedia

  • grace and notice provision — The provision in a loan agreement that a borrower who fails on the due date to meet either an interest obligation or capital repayment obligation or who fails to comply with an undertaking is not initially in default. This prevents the cross… …   Accounting dictionary

  • Article One of the United States Constitution — United States of America This article is part of the series: United States Constitution Original text of the Constitution Preamble Articles of the Constitution I  …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …   Universalium

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