The default provisions for a workplace parental leave scheme are that it must:

If the power of appointment is not exercised, the default provision of the document that created the power takes over.

The company said it expected its earnings to fall short of projections this year, initiating default provisions under debt covenants with its banks.

This is a default provision, and can be made irrelevant if the trust instrument contains other rules and requirements.

Similarly, considerable thought must be given to cross default provisions if the vendor is part of a group of companies.

In particular the vendor should check for cross default provisions which would affect the other companies in the vendor's group.

He also opposed a default provision in a loan Texaco will use to help finance the reorganization.

If a contingent beneficiary is not named, the default provision in the custodian-agreement applies.

Every year since at least 2003, Congress has considered several bills to curb abusive credit card practices, including universal default provisions.

In 2007, Citibank became the first bank to voluntarily eliminate its universal default provision.