{"id":2822,"date":"2012-01-16T17:01:11","date_gmt":"2012-01-16T17:01:11","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=2822"},"modified":"2024-07-31T09:31:19","modified_gmt":"2024-07-31T08:31:19","slug":"default","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/default\/","title":{"rendered":"Default"},"content":{"rendered":"<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Has the meaning given to that term in Section H3.1.1;<\/p>\n<h2 id=\"bsc-documentation\">BSC documentation<\/h2>\n<ul>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-section-h-general#section-h-3\">BSC Section H: General &#x2013; Default<\/a><\/li>\n<\/ul>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/\">Credit Cover explained<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/credit-default\/\">About Credit Default<\/a><\/li>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/guidance-notes\/the-defaulting-party-and-failing-supplier-process\">Guidance Note on The Defaulting Party and Failing Supplier Process<\/a><\/li>\n<\/ul>\n\n","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-2822","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":2822,"title":"Default","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/default\/","categories":[],"tags":[],"content":"\n\n\n<div class=\"panel-content\">\n\t<p>A Party may be in Default of the BSC for a number of reasons. The full list is in Section H of the Code, but the reasons include: Credit Default;&#xA0;Payment default;&#xA0;The appointment of an administrator, receiver or liquidator; or a&#xA0;Party informing us that it cannot pay its debts.<\/p>\n\n\t<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Has the meaning given to that term in Section H3.1.1;<\/p>\n<h2 id=\"bsc-documentation\">BSC documentation<\/h2>\n<ul>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-section-h-general#section-h-3\">BSC Section H: General &#x2013; Default<\/a><\/li>\n<\/ul>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/\">Credit Cover explained<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/credit-default\/\">About Credit Default<\/a><\/li>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/guidance-notes\/the-defaulting-party-and-failing-supplier-process\">Guidance Note on The Defaulting Party and Failing Supplier Process<\/a><\/li>\n<\/ul>\n\n<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":2,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2822\/revisions"}],"predecessor-version":[{"id":209901,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2822\/revisions\/209901"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=2822"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=2822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}