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Failure to pay "shall constitute an event of default under the operating agreement," the company stated.
This hand may be thought of as constituting a special case of biblical uncial.
Last month, Beazer sued U.S. Bank in federal court in Atlanta, seeking a ruling that a delay in filing its 10-Q quarterly financial report did not constitute a default on $1.3 billion of outstanding notes.
The allegations of petitioner here clearly constitute a prima facie case of violation of this principle.
They often fail to lay down clearly what would constitute a default for the purpose of triggering payment to holders of such derivatives.
The banks are to discuss the implications of S.& P.'s determination that their proposal to roll over Greek debt would constitute a "selective default," as well as what would constitute a full-blown default, the people said.
Does U.S. sovereign debt now rated AA+ constitute a greater default risk that any number of triple-A rated corporate bonds?
Maxillofacial injuries constitute a substantial proportion of cases of trauma.
Fitch Ratings said Friday that doing so would constitute a restricted default.
It said the move did not constitute a default at this point.
Many investors continued to question whether the arrangement, which was agreed to in Brussels as part of the latest rescue package for Greece, constitutes a default, thereby activating default-insurance payments.
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