WHENthe American housing market turned, subprime borrowers started defaulting.
The district attorney processed against the defaulting debtor.
Upon occurrence of a breach, the non-defaulting Party shall promptly give written notice of the breach to the defaulting Party.
Would a defaulting chancellor be taken to the Tower of London?
The credit card business is down, and more borrowers are defaulting on loans.
In practice Greece is on the brink of defaulting and abandoning the euro.
They are scrambling for cash to avoid defaulting on bank loans.
Hernandez was taken to the police station after being arrested for defaulting on his contract.
While the defaulting party can obtain more benefit from its default than its performance, is there any necessity for the law to enforce the defaulting party to perform the contract?
Risk factors for defaulting from tuberculosis treatment: a prospective cohort study of 301 cases in The Gambia
Often a defaulting country suffers lost years of economic progress, says Robert Koenigsberger of Gramercy, an emerging-markets investment manager.
And a third was to cut the risk of borrowers defaulting, using CDSs with insurers like American International Group.
It buys off toxic defaulting assets in exchange for cash and immediately reclaims the cash by selling the Banks' T-bills.
A provision in a contract allowing a defaulting party to fix the cause of a default, for example a repayment grace period.
When an extra capital cushion was needed to protect depositors and other creditors, these hybrid instruments could not provide it without the bank first defaulting.
The MCAUSER is assigned in a similar way as it is on distributed, except, rather than defaulting to MQM, it defaults to the channel initiator's user ID.
The Celtic Tiger, among the eurozone's peripheral economies rescued to avoid the likelihood of defaulting on soaring debts, is seeing better-than-expected growth.
A number of studies have found a striking increase in customers defaulting on mortgages they can still afford to service, mostly because they exceed the fallen value of their home.
The office was given a $48 million budget, the right to garnishee bank accounts, seize lottery winnings, suspend driver's licences, use private collection agencies for the worst cases and take defaulting parents to court.
They point out that defaults tend to occur at low points in the economic cycle, so that the years preceding a default tend to be ones of unusually poor growth by the defaulting country's standards.
In the event of a breach of any of the provisions of this Agreement by one party, the other party may at its option cancel this Agreement forthwith by giving notice in writing to the defaulting party.
What is urgently needed is an open discussion about how to handle an orderly debt restructuring within the euro zone-one that places the burden on the defaulting country and its creditors.
