Translation of "cross default" into English

cross default is the translation of "cross default" into English.

cross default
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Italian-English dictionary

  • cross default

    noun

    l'obbligazione sottostante e l'obbligazione di riferimento hanno il medesimo debitore e sono presenti clausole di cross-default o cross-acceleration giuridicamente opponibili

    the underlying obligation and reference obligation share the same obligor and have legally enforceable cross‐default or cross‐acceleration clauses

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