We are living in a period of grace while God withholds the eternal punishment we so justly deserve.

现在是恩典的时代，上主暂时不让我们应该受到的刑罚临到我们。

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Foreign Banks are also benefiting from a grace period allowing them to make loans beyond the stipulated 75 per cent of deposits.

外资银行还受益于存贷比宽限期，使得它们发放的贷款占存款的比例可以超过规定的75%。

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Setting this kind of soft deadline will give you a crucial grace period to deal with unforeseen problems. You might even have time to recover from outright catastrophes.

设定这种“软期限”目的在于让自己能够拥有宝贵的时间来从容应对意外发生的问题，甚至从灭顶之灾中恢复过来。

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The statement said the council was within its rights to take immediate possession of the ground and social club but was allowing both a "period of grace" in the hope of "dialogue".

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Some states are stricter than others Wisconsin, for example, requires welfare recipients to engage in some kind of work immediately, while Massachusetts gives a grace period of 60 days but almost all have cut their welfare burden (see map).

ECONOMIST: Welfare reform

It gave the government a grace period of 60 days to look for a new owner.

BBC: French minister threatens to expel Arcelor Mittal