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Finance Fundamentals: Cross-Default v. Cross-Acceleration
Practical Law Practice Note 2-508-8275 (Approx. 8 pages)
Finance Fundamentals: Cross-Default v. Cross-Acceleration
by Practical Law Finance
| Maintained • USA (National/Federal) |
An explanation of cross-default and cross-acceleration, two typical events of default under a finance document, and the differences between them.