A contractual arrangement between the various creditors of a company, wherein they primarily regulate their respective positions in the event of a credit event, in addition to an exchange of information. – See default risk, third-party due clause, third-party default clause, downgrade trigger clause, deposit insurance, event of default, insolvency, credit event, credit, non-performing, London procedure, bankruptcy vulture, solvency risk, overflow system, value-at-risk, loss-sharing arrangement.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/