Sentence examples for material obligation from inspiring English sources

Fitch also cut its rating on Bank of Cyprus to "restricted default," a grade Fitch said means the bank has experienced a payment default on a bond, loan or other material obligation but has "not entered into liquidation or ceased operating".

Fitch said it was cutting its rating on Laiki to default, and its rating on Bank of Cyprus to restricted default, a grade Fitch said meant that the bank had experienced a payment default on a bond, loan or other material obligation but had "not entered into liquidation or ceased operating".

As underlying norms and moral principles regulated the social interactions in non-economic realms, future transactions and business partnerships would be built on a solid social basis,3because "the production of guanxi simultaneously creates human feeling and material obligation.

Rent distribution in HRCs is a political fact; even the most authoritarian ruler would find it difficult to rescind his material obligations towards his subjects.13 Quite apart from political exigency, the moral case for sharing national wealth with the population is cogent, as citizens are its rightful owners [47, 48].14 The relevant policy question hence becomes how to reform distribution.

Such information would include events that accelerate or increase a material financial obligation or the issuing of new securities.

Include an exit strategy in your original business plan that directly addresses financial and material limits and obligations in the event of an unsuccessful partnership.

I read that material, more out of obligation than enjoyment.

My colleagues, operative paragraph four of U.N. Resolution 1441, which we lingered over so long last fall, clearly states that false statements and omissions in the declaration and a failure by Iraq at any time to comply with and cooperate fully in the implementation of this resolution shall constitute - the facts speak for themselves - shall constitute a further material breach of its obligation.

Resolution 1441 recognized that Iraq "has been and remains in material breach of its obligations" but gave the Iraqi regime "a final opportunity to comply with its disarmament obligations".

The third would be to declare, after a final review of the report, that Iraq is in "material breach" of its obligations.

Iraq had already been found guilty of material breach of its obligations, stretching back over 16 previous resolutions and 12 years.