Definition Edit. Termination for cause (also called termination for default (TFD)) is a contract provision that permits a party completely or partially to terminate performance of the contract for material breach or other stated causes.hen there is a for cause event, the contract usually requires that the party give the other party notice that adequately identifies the reasons for the alleged for cause event, and provides a period of time for the other party to cure the problem(s).
First, ensure your application has definitely been received. If there's a set deadline, wait seven days before making contact to see if your application has found its way safely to the employer. If there is no closing date then wait two weeks. Drop a line to the person you applied to, confirming that you made the application and that you are keen on the role.
For those borrowers about to start a new job, if the borrower has a guaranteed, non-revocable contract for the new employment that will begin within 60 days of loan closing, the income is acceptable for qualifying purposes.