Sentence examples for default of loans from inspiring English sources

Mr. Kelleher said Nortel would not be in default of loans, but it could face automatic repayment within 90 days if it did not file its financial reports, or renegotiate its loan agreements with creditors.

This practice resulted in the default of loans on the order of tens of millions in United States dollars that the International Finance Corporation (IFC) recently absorbed.

New Century said Tuesday that several other lenders had reported it's in default of loan agreements, adding that the Securities and Exchange Commission has requested documents and was starting an investigation.

SMEs in particular provide security in form of properties (houses, the businesses, the car, and anything that could actually bring back the principal) in case of default on loans (Garrett, 2009).

Someone with a history of defaulting on loans isn't the kind of character you want shaping your team's culture.

The guarantee is significant, given the number of students who default on loans.

Credit reference agency Experian has launched a service that aims to alert the banks to borrowers at risk of defaulting on loans - before they actually run into difficulties.

At the same time, losses mounted at their Greek operations as the country's economy plunged, leading to a surge of defaults on loans to consumers and businesses.

On top of that, the Congressional Budget Office estimates the likelihood of default for loans made to nuclear reactor developers to be "well above 50percentt".

The developers of many of them then defaulted on loans from state-owned banks.

Meanwhile, Fannie and Freddie reported heavy quarterly losses partly because of higher defaults on loans and rising foreclosures.