Examples of Initial Default in a sentence
If a Default is deemed to occur solely as a consequence of the existence of another Default (the “Initial Default”), then, at the time such Initial Default is cured, the Default that resulted solely because of that Initial Default will also be cured without any further action.
Score Per Major Concern Per Minor Concern Initial Default Score Per Minor Benefit / Plus Per Major Benefit / Plus Max.
If a Default is deemed to occur solely as a consequence of the existence of another Default (the “Initial Default”), then, at the time such Initial Default is cured (including the payment of default interest, if any), the Default that resulted solely because that Initial Default will also be cured without any further action.
The Commerce Commission’s paper Initial Default Price Quality Path for Gas Pipeline Businesses – Issues Paper, 12 April 2010, noted that metrics related to reliability, system integrity, quality of gas, and customer service could all be useful.
For example, an article titled “Situated Cognition and the Culture of Learning” (J.