Event of default and Sabbatical: Difference between pages

Latest revision as of 12:17, 2 April 2020

A period during which an employee can take time off work, often paid, for further study or travel.

Especially in universities, colleges and some professional practices.

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-The event of breaching a loan agreement.
+A period during which an employee can take time off work, often paid, for further study or travel.
+Especially in universities, colleges and some professional practices.
-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 ==
-* [[Acceleration]]
+* [[Employee]]
-* [[Breach of covenant]]
+* [[Employer]]
-* [[Covenant]]
+* [[Furlough]]
-* [[Cross default]]
-* [[Default]]
-* [[Financial covenant]]
-* [[Grace period]]
-* [[Loan agreement]]
-* [[Material adverse change]]
-* [[Representations and warranties]]
-* [[Waiver]]
-* [[Putting a limit on losses]]
-[[Category:Compliance_and_audit]]
+[[Category:Commercial_drive_and_organisation]]
-[[Category:Identify_and_assess_risks]]
+[[Category:Influencing]]
+[[Category:Self_management_and_accountability]]
+[[Category:Working_effectively_with_others]]
+[[Category:Knowledge_and_information_management]]
+[[Category:Planning_and_projects]]
+[[Category:The_business_context]]