Acceleration clause in financing agreements

This paper explains the contractual structure of the acceleration clause, or early maturity of the contract term. This clause is typical of financing agreements and is the principal contractual remedy to recover the capital and the total expected profit o...

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Detalhes bibliográficos
Autor: García Long, Sergio
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:Perú
Recursos:Pontificia Universidad Católica del Perú
Repositorio:Revistas - Pontificia Universidad Católica del Perú
Idioma:español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/26488
Acesso em linha:http://revistas.pucp.edu.pe/index.php/themis/article/view/26488
Access Level:acceso abierto
Palavra-chave:Acceleration
Early maturity
Financings
Aceleración
Vencimiento anticipado
Financiamientos
Descrição
Resumo:This paper explains the contractual structure of the acceleration clause, or early maturity of the contract term. This clause is typical of financing agreements and is the principal contractual remedy to recover the capital and the total expected profit of the contract.Although the law allows this remedy for certain situations, contractual practice has proposed a more complex scheme that better accommodates the risks involved in a financing. The study of the acceleration clause makes it possible to overcome the divorce observed between the legal remedies of the Civil Code and the conventional remedies of financial contractual practice.