A provision in a contract allowing a defaulting party to fix the cause of a default, for example a repayment grace period.

合同中允许违约方确定违约原因的条款，如还款缓期。

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I. the stock exchanges shall, as of the day when the grace period expires, stop the provision of special transferring services to the stocks thereof.

自其宽限期结束之日起，证券交易所停止为其股票提供特别转让服务。

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The practice has continued because lenders have had a grace period from the provision within the Data Protection Act, which bans sharing of such personal data.

BBC: Bad debts of other family members should not affect you