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And the mere breach of a contract for personal service, coupled with the mere failure to pay a debt which was to be liquidated in the course of such service, is made sufficient to warrant a conviction.
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In that context, firms and their creditors avoid filing for bankruptcy by heavily relying on mortgage collateral, which can be repossessed and liquidated in the event of default.
About 350 were liquidated in the first half of the year.
While it learned with satisfaction that certain Member Governments were in the course of liquidating all or a part of their financial obligations to the Organization, it was gravely concerned to note that at 13 November 1963 there was an anticipated cash deficit for the 1962 63 biennium of $561,720.
UBIG, who are in the process of being liquidated in Lithuania, abstained from the CVA vote.
The contract contained a provision for liquidated damages in the sum of $500 for each violation.
A partnership agreement described in paragraph (1) may include a provision for liquidated damages in the event of a failure of one or more parties to perform.
And the other thing is, he started liquidating in 2000, right the peak of the market.
And the idea that has been suggested that I would liquidate the industry — of course not.
The rest should be liquidated, in calm markets.
In Cambodia, the poorest have the least assets that can be quickly liquidated in tandem with limited social resources.
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