EBA NPL.Counterparty Group.Cross Default in Counterparty Group
Definition of Counterparty Group / Cross Default in Counterparty Group
Counterparty Group.Cross Default in Counterparty Group: The indicator as to whether Contractual breach of any loans in the Counterparty Group would trigger the contractual default event of the other loans. ("Full", "Partial", "none")
- EBA Field Index 2.006
- Documentation Entry 9
"Cross Default in Counterparty Group" is the indicator as to whether contractual breach of any loans in the Counterparty Group would trigger (Cross Default) the contractual default event of the other loans (See Cross Default Provisions).
The field type is Choice. The following choices are available:
- (a) Full
- (b) Partial
- (c) None
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL Counterparty Group Table.
The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Residential Real Estate Loans, Unsecured Loans, Auto Loans,
The field is applicable to all borrower types.
The field is Not Confidential
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions