Sentence examples for constitutes a default from inspiring English sources

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.

And the nominations too: The list of films left out over the last 20 years, a period during which the genre has exploded both in terms of production and exhibition, constitutes a default hall of fame.

Mr. Zuckerman added, however, that since withholding maintenance charges typically constitutes a default under the proprietary lease, it would be wise for the letter writer to consult a lawyer to make sure that she is not jeopardizing her status as a tenant-shareholder.

At-will employment thus constitutes a default contract it is the agreement that obtains between employers and employees absent an agreement to the contrary (e.g., a union contract).

After it failed to file its third-quarter earnings report with the Securities and Exchange Commission, investors had expected the worst from Beazer Homes USA, the Atlanta-based homebuilder, which is embroiled in a lawsuit with the trustees of its bondholders over what constitutes a default.

However, this does not constitute a default.

It said the move did not constitute a default at this point.

"In our system it's very clear — a missed payment does constitute a default.

The association, however, provided guidance on Thursday that a voluntary swap would not constitute a default.

This is the committee that will likely rule that the Greek deal would not constitute a default.

"If an exchange is done in a voluntary manner that would not constitute a default," said Desmond Lachman, director of emerging markets economic research at Salomon smith Barney.