Default
114 definitions

Default
Failure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you will default if you have not made a payment in more than 270 days. You may experience serious legal consequences if you default.
Default
“Default” means any breach or default under any of the Loan Documents, whether or not the same is an Event of Default, and also any condition or event that, after notice or lapse of time or both, would constitute an Event of Default if that condition or event were not cured or removed within any applicable grace or cure period.
Default
“Default” means any event or circumstance which through the passage of time, the service of notice or both, could mature into an Event of Default.
Default
“Default” means any event which is, or after notice or passage of time or both would be, an Event of Default.
Default
“Default” means an Event of Default or CTA Event of Default, as applicable, or an event or condition which, with the giving of notice, lapse of time or upon a declaration or determination being made (or any combination thereof), would become an Event of Default or CTA Event of Default, as applicable.
Default

“Default” means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.

Default
“Default” means any event which is, or after notice or passage of time or both would be, an Event of Default.
Default
“Default” means an Event of Default or any event or circumstance specified in Clause 23 (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.
Default
as defined in INDENTURE

“Default” means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.

Default
“Default” means any event which, upon the giving of notice, the lapse of time and/or a relevant determination, would constitute an Event of Default.
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About this term

Default has been defined 114 different ways in documents like Glossary of Federal Student Aid Terms, First Amended and Restated Loan and Security Agreement, Loan and Security Agreement, and 7 more.

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