Sentence examples for default provisions from inspiring English sources

Legal experts said that an indictment could activate default provisions in SAC's trading agreements.

The design of default provisions in consumer contracts involves an aspect that does not normally arise in other contexts.

The returns on these loans are 8 to 12 percent, and if the companies were to default, provisions in the loans would allow the fund to take over.

Default Provisions: If the customer fails to pay, you have the right to take the matter to court or place the account with a collection agency.

Dodd-Frank had created default provisions that would automatically go into effect if there was no confirmed director, and his bank was almost certainly not in compliance with the those rules.

Dodd-Frank had created default provisions that would automatically go into effect if there was no confirmed director, and his bank was almost certainly not in compliance with those rules.

The panel, at Mr. Silverstein's request, did eliminate the "cross default" provision of the development agreement that would have put him in default on all three towers if he failed to meet the construction schedules for any one building.

Under the "Early Termination and Default" provision a reference to the lessee's right to an independent appraisal of the leased vehicle under § 1013.4(l) is included for those closed-end leases in which the lessee's liability at early termination is based on the vehicle's realized value.

This is a default provision, and can be made irrelevant if the trust instrument contains other rules and requirements.

Read through the fine print of your card contract (as if anyone does that) and you'll likely find a universal default provision.

This new power of investment is treated as a default provision - it is overridden if the trust instrument itself restricts the ways trust money can be invested.