Grace period: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 27/8/13) |
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1. A time period allowed in a loan agreement in which a borrower is allowed to correct a potentially default situation. | 1. | ||
A time period allowed in a loan agreement in which a borrower is allowed to correct a potentially default situation. | |||
2. | |||
A similar arrangement in other types of contracts or non-contractual agreements. | |||
== See also == | == See also == | ||
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* [[Event of default]] | * [[Event of default]] | ||
* [[Loan agreement]] | * [[Loan agreement]] | ||
Revision as of 11:36, 27 August 2013
1.
A time period allowed in a loan agreement in which a borrower is allowed to correct a potentially default situation.
2.
A similar arrangement in other types of contracts or non-contractual agreements.
