Still, a spokeswoman also said, "Neither Bank of America nor any other third party lender to the company has the right to control whether the company complies with applicable laws or honors its commitments to its employees".
Even if unions agree to adjust their benefits, this outcome would be less deleterious than a government failing to honor its commitment because it did not set aside adequate resources.
Ms. Rice used more diplomatic and terse language, reiterating the White House's view that if Russia wanted to be considered a respected member of the international community, it needed to honor its commitment to a peaceful settlement.
The time is now for the city to honor its commitment, acquire the Windemere, rehabilitate it for ownership by a nonprofit group and preserve this landmark-worthy building.
At a time when the city is making tough budget decisions, it's past time for the federal government to honor its commitment to protecting homeland security by giving New York the resources it deserves.
Anticipating Senate approval of the deal, Speaker John A. Boehner late Monday said the House would "honor its commitment to consider the Senate agreement if it is passed.
In Istanbul, Burhan Ghalioun, the president of the Syrian National Council, the main opposition group in exile, called on the international community to honor its commitment to protect Syrian civilians, saying if it did not, they would have no choice than to take matters into their own hands.
