in violation of our default under

10:08 Mar 27, 2007

This question was closed without grading. Reason: No acceptable answer

English language (monolingual) [PRO]
Bus/Financial - Business/Commerce (general)

English term or phrase: in violation of our default under

Hello All,
Can you please paraphrase the below sentence for me? thanks a million.

The company is not in violation of our default under, and no event has occured which, with the lapse of time or action by a third party,would result in a default by the company under any provision of any law, rule or governmental regulation applixcable to the company.

Mehmet Hascan KudoZ activity Questions: 193 (none open) (25 closed without grading) Answers: 1457 Ireland
Local time: 05:14

SUMMARY OF ALL EXPLANATIONS PROVIDED

to violate our default

mina zand

typo: not in violation of our default ORDER

Els Spin

I think it's a typo...

inmb

Answers

1 hr confidence:

to violate our default

Explanation:
i hope it will help you

mina zand
Local time: 07:44
Native speaker of:

Persian (Farsi)

Notes to answerer

Asker: thanks

9 hrs confidence:

typo: not in violation of our default ORDER

Explanation:
The sentence just doesn't make sense otherwise!

Reference: http://216.239.59.104/search?q=cache:R-sdlQlJQmQJ:www.cbs.st...

Els Spin
Netherlands
Local time: 06:14
Works in field
Native speaker of: Dutch

Notes to answerer

Asker: thanks

12 hrs confidence:

I think it's a typo...

Explanation:
... and perhaps the sentence should read:

The company is not in default under, and no event has occured which, with the lapse of time or action by a third party,would result in a default by the company under any provision of any law, rule or governmental regulation applixcable to the company.

Now, if default (breach) is defined, I would understand that:
1. the company is not in default under any provision of the law, rule etc. applicable to the company, AND
2. there was no event than in the future (lapse of time) would result in the company being in default

Please note that default, although similar to breach, is usually a wider term and may include certain events not related to any action done on purpose, but still causing potential problems to the other party.

inmb
Local time: 06:14
Specializes in field
Native speaker of: Polish
PRO pts in category: 10

Notes to answerer

Asker: thanks

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