Sentence examples similar to declaring contractual default from inspiring English sources

The Penalty Default Canon, in contrast, is more nuanced, mimicking the approach taken by contract scholars and courts in the setting of contractual default rules.

Because contractual default rules form the backdrop against which parties renegotiate, the RSI default allocates bargaining power to one party or the other in much the same manner as does ownership.

Specifically, we propose a contractual default rule applicable to all contract interpretation, gap-filling, and good faith inquiries (a relationship-specific investment, or RSI default) that accounts for the renegotiation position of contracting parties.

Can that be done without the rating agencies declaring a default?

Furthermore, being an inter-temporal transaction, credit exposes the lender to post-contractual default risks.

Icesave accounts are declared in default.

(C) The circumstances in which a borrower may be declared in default and may cure default.

Xpedior also said it expected to be declared in default on loans from Comerica Bank.

With no reply from Mr. Hutchins, he was declared in default.

At a hearing on Aug. 3, the landlord did not show up and was declared in default.

The Dutch national calculation scheme for railway noise has been declared the default interim method for railway noise calculation by the EU, until the introduction of results from the Harmonoise project.