Examples of 'event of default' in a sentence
Meaning of "event of default"
In finance, the term 'event of default' refers to a specific action or condition that triggers a default on a loan or financial agreement. It is typically defined in the contract or agreement and includes situations such as failure to make payments, breach of terms, or bankruptcy
How to use "event of default" in a sentence
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event of default
Remedies in an event of default and on grounds of prudence.
A statement of remedies available in the event of default.
Remedies in the event of default or on the grounds of prudence.
Repayment of the loan in the event of default.
An event of default occurs when a contracted payment is not made.
Measures following the event of default.
In the event of default or liquidation.
Any of the following circumstances constitutes an event of default.
Greater capital protection in the event of default compared with financing structured as equity capital.
Such cancellation will not be deemed an event of default.
If any other event of default under the Indenture occurs.
Enforcing security in the event of default.
Whilst an Event of Default subsisted any right to payment was effectively suspended.
It reduces losses in the event of default.
An event of default under the Credit Agreements.
See also
Full recovery in the event of default.
No Default or Event of Default has occurred and is continuing.
Expected loss in the event of default.
No Default or Event of Default shall have occurred and be continuing.
Shortfall but not an event of default.
Event of Default.
Recovery expectations in the event of default.
Unless an Event of Default shall.
Discretionary measures on the grounds of prudence or following an event of default.
Remedies in the event of default.
These agreements create the legal right of offset of exposure in the event of default.
Action in the Event of Default.
Possible measures on the grounds of prudence or following an event of default.
An event of default under a financing or other agreement ;.
Will constitute a loan event of default.
An event of default triggered a reduction in our unfunded commitment which resulted in gain ;.
These traditionally only operate upon an event of default of insolvency.
In the event of default and / or technical default the Issuer.
They have much more to lose in the event of default.
Returned in the event of default of its counter-party.
An impairment provision is recorded only in the event of default of the issuer.
Exist, and any Event of Default arising therefrom shall be deemed to have been.
Principal in the event of default.
Bail, In the event of default by the borrower, a specialized financial institution takes over.
This latter will then benefit from alimony in the event of default by the debtor.
The phrase " event of default " should be adequately defined in the contract.
The EAD is the amount in the event of default.
No event of default is in existence ;.
The RRDRP provider will award an appropriate remedy in the event of default.
Remedies available in the event of default of either party ;.
Withdrawal of authorisation is a standard type of « event of default ».
An Event of Default has occurred ( please refer to the Terms and Conditions of MTrading ) ;.
This collateral may be seized by CDCC in the event of default by a Clearing Member.
An Event of Default as defined in Section 24 of this Agreement occurs.
The Government Guarantee Agreement may be terminated where an event of default occurs.
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