Sentence examples for failure to pay interest from inspiring English sources

And the failure to pay interest on Enron's loan was the result of the terms of the deal, in which the interest came due only when the barges began producing cash flow, something that had yet to happen.

One of the world's poorest countries, it got no international aid; the IMF suspended its membership in 1993 for its failure to pay interest on its debts.In the past two years, luck and diplomatic skill have enabled Sudan to wriggle out of this cage.

Ben Bernanke says that a failure to pay interest on the debt would create an economic crisis, though, so Wallace really wants to know if he'd put the country into default.

Shares of its taxi operator Express were suspended from the Indonesian Stock Exchange in 2018 due to its failure failing to pay interest on bonds.

We have to pay interest on it.

"I don't want to pay interest.

"It increases it, because you have to pay interest".

Don't forget to pay interest when you pay off mortgages.

In theory, a failure to pay a single interest payment on a tranche of debt will trigger a demand from all bondholders for their money back.

Loan agreements also list events of default, including failure to pay principal or interest when due, failure to comply with an affirmative covenant after notice of the violation has been given by the bank, violation of a negative covenant, discovery that are presentation or warranty was incorrect, a default in the payment of money owed to another lender, and bankruptcy of the company.

Sebelius would fill a job that had been slated to go to former senator Thomas A. Daschle (D-S.D ., who withD-S.D .om consideration over his failure to pay $146,000 in back taxes and interest until he had been nominated for the job.