Sentence examples for defaulting on its loan from inspiring English sources

It collapsed, defaulting on its loan from the government — although the loan program overall ended up earning a profit for the government.

In the event of agreement not being reached, the economy could collapse, with Greece defaulting on its loan obligations and likely exiting the 19-member eurozone.

In March, the developers accused one of its construction lenders, Xanadu Mezz Holdings, described in court papers as "a nonbankrupt affiliate of Lehman Brothers Inc.," of defaulting on its loan obligations in recent months.

Earlier this month, bond research firm Gimme Credit warned that Tribune is at risk of defaulting on its loan covenants in 2009.

After a year of defaulting on its loan payments, Puerto Rico declared bankruptcy in May, the largest municipal bankruptcy in U.S. history.

The debt deal reached by Congressional leaders and President Obama would keep the nation from defaulting on its loans, but it would make graduate school much more expensive for many graduate students.

The Sands pressed the United States Embassy in Beijing to lobby Chinese officials to change the policy, and Mr. Adelson had to put about $1 billion into the company to help it avoid defaulting on its loans.

They probably won't discover how much leverage the fund has used in its initial purchases, how much debt it keeps off its balance sheet in development ventures or whether it's close to defaulting on its loans.

BRUSSELS — Greece must undertake further economic revamping before it can receive the next portion of bailout funds it needs to keep from defaulting on its loans, finance ministers from euro area countries warned Wednesday.

Credit ratings agencies have warned they will downgrade the government's credit rating if it begins the process of defaulting on its loans.

JIMMY FALLON President Obama has offered bailout money to keep Greece from defaulting on its loans.