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Loan agreements also list events of default, including failure to pay principal or interest when due, failure to comply with an affirmative covenant after notice of the violation has been given by the bank, violation of a negative covenant, discovery that are presentation or warranty was incorrect, a default in the payment of money owed to another lender, and bankruptcy of the company.
It is unlikely to default.
(See "Ukraine May Be Next To Default").
Gertrude Himmelfarb, Christopher Lasch and Edward Luttwak are incorrect.
Both are incorrect.
We are incorrect.
The greatest sensitivity is to default rates.
That appears to be incorrect.
But this turned out to be incorrect.
That prognosis turned out to be incorrect.
This model is shown to be incorrect.
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