Examples of 'events of default' in a sentence
Meaning of "events of default"
events of default - This legal term refers to specific circumstances outlined in a contract or agreement that would be considered a breach of the terms, leading to consequences or actions defined within the document. It typically includes instances such as non-payment, bankruptcy, or violation of terms. Example: The contract specifies the events of default that would trigger termination
How to use "events of default" in a sentence
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events of default
Events of default and rights on default.
The facility also contains customary covenants and events of default.
Events of default and remedies.
Suspension, limitation or exclusion on grounds of prudence or events of default.
Events of default.
Project termination is typically included among the events of default in the concessionaire 's loan agreements.
Events of Default If any of the following events occurs.
A loan agreement, for example, may list events of default that make the loan immediately repayable.
The events of default are defined as follows,.
Agreement, the Company acknowledged the existence of certain events of default.
Events of default or other termination events of the non-centrally cleared OTC derivative contracts;.
The SNC-Lavalin Highway Holdings Loan Agreement contains customary events of default and cross-default provisions.
Other events of default ( such as non-maintenance of insurance, etc . ) are rare.
Suspension or exclusion on grounds of prudence or events of default » ; 5.
One or more events of default (other than those referred to in paragraph 1) occur;.
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Examples of using Default
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I will have the default password in place
Default time displayed is current time of day
The factory default response will say
Examples of using Events
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But those events have no bearing here
You can not select multiple events
And geopolitical events have shaken confidence
