Finance party default
From ACT Wiki
Borrowing and lending - documentation.
The concept of a finance party default is an element of borrowing and lending documentation, designed for the protection of the borrower.
It includes defaulting lender and impaired agent provisions.
Finance party default provisions are part of Lehman provisions.
See also
- Default
- Defaulting lender
- Documentation
- Event of default
- Impaired agent
- Lehman provisions
- Loan agreement
- Provision