Examlex
The various CMO tranches can have significantly different degrees of prepayment risk.
Course of Dealing
The behavior and pattern of actions between parties that establishes a common basis for understanding their conduct in executing agreements.
Nonconforming Goods
Goods delivered under a sales contract that fail to meet the quality or specifications agreed upon by the seller and buyer.
Cure Defects
The action of rectifying or fixing flaws or deficiencies in a product, service, or legal document.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, intended to standardize laws across states.
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