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单词 连带违约条款
释义 连带违约条款
Cross Default Clauses
商业银行的一种贷款条款,列明借款人一旦无法履行与银行的任何其他贷款合约,将被视同对本次借款的违约。
"Cross default clauses are triggered automatically when a lender declares that a loan is in default. Such clauses might mean that other loans and borrowing instruments made to the borrower by the lender, and by other lenders, are also in default."
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更新时间:2025/1/22 18:54:00