Event of default
id:
event-of-default-200-6093569
title:
Event of default
text:
Default is the occurrence of an event or circumstance against which a party to a contract seeks protection. For example, a contract may state that the recording of a lien against certain property is a default. If the default is left uncured after notice and the passage of time, it may ripen into an event of default, which creates in the non-defaulting party certain rights, such as acceleration of a debt or the right to exit a contract. In a revolving credit facility, the occurrence of an event o
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Event_of_default
date created:
date modified:
2020-03-15T20:51:23Z
main entity:
{"identifier":"Q5416721","url":"https://www.wikidata.org/entity/Q5416721"}
image:
fields total:
13
integrity:
13