Sentence examples similar to be in default of performance from inspiring English sources
Washington is facing a cash crunch, is in default of credit agreements and cannot secure performance bonds needed to start new projects.
Almost $56 billion in debt was in default as August began, roughly double the amount of defaults in all of 2000.
Notice of Default is very clear: you have defaulted, you are in default, you are defaultive.
Currently, 16 percent of borrowers are in default, nearly twice the official default rate.
If you look at the rates of student debt default, one in three student debtors are in default.
2. As McMenamy was not in default in the performance of his contract on October 15, 1903, the legal effect of the letter written to him on that date by Dietrich was to discharge McMenamy from further obligation to perform his contract and to waive a tender of further performance.
McMenamy was not in fact in default in the performance of his contract at the date of Dietrich's notice to quit.
In default of convincing scientific knowledge, these explanations are permanent.
