Entity and Event of default: Difference between pages
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The event of breaching a loan agreement. | |||
Each loan agreement will normally define exactly what constitutes an event of default of that agreement. | |||
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 == | ||
* [[ | * [[Acceleration]] | ||
* [[ | * [[Breach of covenant]] | ||
* [[ | * [[Covenant]] | ||
* [[Cross default]] | |||
* [[Default]] | |||
* [[Financial covenant]] | |||
* [[Grace period]] | |||
* [[Loan agreement]] | |||
* [[Material adverse change]] | |||
* [[Representations and warranties]] | |||
* [[Waiver]] | |||
* [[Putting a limit on losses]] | |||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category: | [[Category:Identify_and_assess_risks]] |
Revision as of 10:30, 9 January 2019
The event of breaching a loan agreement.
Each loan agreement will normally define exactly what constitutes an event of default of that agreement.
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.