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Events of Default
(redirected from Event of default)

   Also found in: Acronyms, Wikipedia 0.03 sec.
Events of default
Contractually specified events that allow lenders to demand immediate repayment of a debt.

Events of Default
In a loan, an event allowing the lender to call the full amount of the loan from the borrower. Events of default are specifically laid out in the loan contract, and often include chronically late payments or other breaches of contract.


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When it comes to Hard Money Lending, I have 3 important words of advice Keep It Local In a perfect world you could make a hard money loan to someone in another state, trust that the appraisal they had provided you with was legitimate and feel secure that in the event of default you would be protected by the equity in the property When it comes to Hard Money Lending, I have 3 important words of advice: Keep It Local.
The rating assigned to the class A-1 notes, however, is dependent on the rating of the lowest rated eligible investment ('CC'), reflecting the risk of an Event of Default and subsequent liquidation of the collateral.
Taberna III is expected to enter into an Event of Default as a result of the partial non-payment of interest to the class B notes.
 
 
 
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