Meaning Cross default

What does Cross default
 mean? Below you find one meaning for the word Cross default
 You can also add a definition of Cross default
 yourself

1

0 Thumbs up   0 Thumbs down

Cross default



An event of default under a loan agreement triggered by a default in the payment of, or the actual or potential acceleration of the repayment of, other financial indebtedness of the same borrower or o [..]
Source: lma.eu.com




<< CRD
 Sheriff's Deed >>