EVENTS OF DEFAULT - Contractually specified events that allow lenders to demand immediate repayment of ...
EVERGREEN - A contract that rolls over after each agreed (short-term) period until cancelled by one par...
Events of default
Events that the two parties agree constitute a failure of the reference entity to perform its stated requirements on the reference obligation.
document remedy by which the Trustee may declare all future payments of principal immediately due and payable after the occurrence of certain events set forth in the security document as prerequisites to acceleration, generally the events of default.
These include basic representations, events of default and termination events, numerous contractual housekeeping items, and a list of key definitions.
The failure of a company to satisfy its contractual agreements and covenants in loan agreements or mezzanine securities documents. Common events of default include failure to pay principal, interest, or dividends when due; ...
case of sukuk, consideration is given to the important commercial features (such as rate of periodic return, return at maturity, and financial covenants), together with key legal considerations (such as transaction risk disclosure, events of default, ...
A statistical study that examines how the release of information affects prices at a particular time.
Events of default
Contractually specified events that allow lenders to demand immediate repayment of a debt.
Evergreen credit ...
The bond terms include such conditions as dollar amount of issue;pledged asset; covenant(e.g., working capital requirement); events of default; and call privileges. It also provides for the appointment of a trustee.
providing for the principal amount of and any accrued interest on an obligation to become due and payable prior to the originally scheduled due date upon occurrence of a contractually stipulated event (typically, certain specified events of default).
Majority Banks: A group of banks within a syndicate holding a specified percentage of the commitments (typically 66.67%) with the power to bind the syndicate as a whole in calling events of default and agreeing to certain amendments or waivers.
The standard agreement identifies the two parties entering the transaction; describes the terms of the arrangement, such as payment, events of default and termination; and lays out all other legalities of the deal.
 See also: Expense, Banks, Prepayment, Funding, Net present value
  
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