Examlex
During ________ stage of the product development process, preliminary work can be performed to identify key quality characteristics and potential for variability with each of the different materials.
Loan Agreement
A contract between a borrower and a lender outlining the terms and conditions of a loan.
Events of Default
Specific conditions or circumstances outlined in a loan agreement or bond indenture that, when occurring, grant the lender the right to demand early repayment or take other corrective actions.
Cross Default
A provision in a loan agreement that triggers a default under the agreement if the borrower defaults on another debt obligation.
Compliance Default
Compliance default occurs when a party fails to act in accordance with set guidelines, rules, or laws, potentially leading to legal consequences.
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