Examlex
Under Basel II (2006), regulatory minimum capital requirements for credit, market, and operational risks are covered in the first pillar of the regulation.
Article 2A
A provision within the Uniform Commercial Code that governs the leasing of personal property in the United States.
Leases
Contracts in which one party (the landlord) grants another party (the tenant) the right to use real estate for a specified period in exchange for payment.
UCC
Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.
Breach of Contract
Occurs when one or more parties involved in a contract fail to fulfill their legal obligations as stipulated in the agreement, potentially leading to legal action for damages or specific performance.
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