Grace period: Difference between revisions
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* [[Default]] | * [[Default]] | ||
* [[Event of default]] | * [[Event of default]] | ||
* [[Forbearance]] | |||
* [[Loan agreement]] | * [[Loan agreement]] | ||
* [[Waiver]] | * [[Waiver]] | ||
Latest revision as of 21:00, 11 May 2020
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.
