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Event of Default

Swedish translation: händelse av försummelse

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	Event of Default
Swedish translation:	händelse av försummelse
Entered by:	Mårten Sandberg

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13:30 Nov 17, 2004

English to Swedish translations [PRO]
Law/Patents - Law (general)

English term or phrase: Event of Default

Default" means (a) an Event of Default or (b) any event or circumstance specified in Clause 2 (Events of Default), which would (with the expiry of a grace period, the giving of notice, the making of any determination under the Finance Documents or any combination of any of the foregoing) be an Event of Default.

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händelse av försummelse/uteblivelse

Explanation:
I detta fall syftar "default" på betydelsen "försummelse; uteblivelse., Av betalning exvis.

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Note added at 1 hr 48 mins (2004-11-17 15:18:53 GMT)
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Dvs inte den datarelaterade \"default: COM1 port\" etc.