# Cross-acceleration clause and cross-acceleration clause

- Canonical URL: https://www.gerhardmerk.de/cross-acceleration-clause-and-cross-acceleration-clause
- Post ID: 592370
- Modified: 2023-07-25T20:59:42+00:00
- Language: en

## Definition

The bank is entitled to terminate the loan - i.e., to call in the loan granted (immediate repayment of the loan granted) - if the debtor defaults on another obligation to the same bank. - See covenant, credit risk, loan, revoked, downgrade trigger clause, third-party default clause, first-lien default clause, event of default, credit freeze, forfeiture clause. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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/

## Machine-readable

- Generator: Merk Knowledge 1.1.1