Event of default: Difference between revisions

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Events of default will generally include any failure to pay interest or capital on a due date, any failure to comply with a covenant and any inability to repeat a representation.
Events of default will generally include any failure to pay interest or capital on a due date, any failure to comply with a covenant and any inability to repeat a representation.


== See also ==
== See also ==

Revision as of 15:53, 18 April 2014

The event of breaching a loan agreement.

Each loan agreement will normally define exactly what constitutes an event of default.

Events of default will generally include any failure to pay interest or capital on a due date, any failure to comply with a covenant and any inability to repeat a representation.


See also