Define: Unmatured Default

What does "Unmatured Default" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.

Definition 1 (CARDINAL HEALTH INC, seen in 1 filing)

Unmatured Default means any event which, with the giving of notice or lapse of time, or both, would constitute an Event of Default.

Source: CARDINAL HEALTH INC 8-K

Definition 2 (Salesforce, Inc., seen in 1 filing)

Unmatured Default means an event which but for the lapse of time or the giving of notice, or both, would constitute a Default.

Source: Salesforce, Inc. 8-K

Data extracted from 3 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 3
Companies: 2
Keywords:
Unmatured Defaultdefinitioncontract languagelegal termSEC filing

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