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Last week Senate estimates heard the federal government could borrow money to refinance the millions in ILC debt after it was revealed the ILC is in danger of defaulting on $215m in loans.
It is not too much to say that the country's economic well-being hangs on the answer.As the whole world knows, America's government is in danger of defaulting after August 2nd unless Congress raises the federal debt ceiling so that it can keep borrowing enough to pay its bills.
Brazil is in trouble and is in danger of defaulting on its bonds.
The last thing those living in co-ops want to hear at their annual shareholders meeting is that their co-op is in danger of defaulting.
The action follows Sands' announcement last week that it is in danger of defaulting on $5.2 billion in credit facilities secured by its Las Vegas operations, as well as Monday's reporting of weaker-than-expected third-quarter results and suspension of several projects, including its $600 million St . Regiscondominium tower in Las Vegas and two sites on the Cotai Strip in Macau.
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If they cannot harvest their opium, they are in danger of defaulting on their loan — a very dangerous proposition.
"I thought I was going to die," said Henin, who had been in danger of defaulting.
If one were in danger of defaulting, he said, "the collective would have to help".
Mr. Deo said such arrangements were common in situations where governments were in danger of defaulting on their debts.
A ruling in favor of the tenants could cost the developers more than $200 million at a time when they are in danger of defaulting on $4.4 billion in loans.
Any Grexit would inevitably lead to speculation about the next to depart, but more immediately, there would be concerns the country would be in danger of defaulting.
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