Such clauses might have been read by the markets as a preparation for default, but in fact Mexico did not find it harder to borrow.

此类条款当时可能会被市场解读为准备违约，但事实上墨西哥并未发现这增加了发债难度。

youdao

While specifying the XDS option, DEFAULT, IGNORE and MAP clauses can be used.

当指定 XDS 选项时，可以使用 DEFAULT, IGNORE 和 MAP 子句。

youdao

It is recommended that, for clarity, you always include parentheses when combining and and or clauses instead of relying on the default precedence.

为清楚起见，建议在组合AND和OR子句时始终使用圆括号，而不要依赖默认的优先级。

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Not paying the May 15 bond could have triggered so-called cross-default clauses, m eaning that holders of other bonds governed by foreign law that were also not swapped could have demanded immediate payment.

FORBES: The Value of Foreign Law in Investing: Greece Pays Out on English Bonds

Their assumption seems to be that a real default (and along with it a triggering of the credit default clauses in all those CDS contracts) would be a bad thing for the banks and thus a credible threat to get them to line up for the voluntary version.

FORBES: Greek Default: Don't Fear a Credit Event

But there seem to be no clauses in the prospectuses for Greek government bonds that would trigger accelerated payment of the rest of what's owed on any particular bond in default or that would put other bonds into default: in the jargon, there are no accelerated payment or cross-default clauses.

BBC: Is a Greek default so bad for Greece?