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Third, it ensures that the cost of any default is borne first by the Irish state.
The Fed, not the banks, bears the risk of any default on the paper.
(3) To make payment on account of any default by the account party in the performance of an obligation.
Banks were also moving higher on hopes that Europe would agree a plan to protect the sector in the event of any default by Greece.
Under § 1322(b)(5), the plan may, "notwithstanding paragraph (2) of this subsection, provide for the curing of any default within a reasonable time and maintenance of payments while the case is pending on any..
4 Under §1322(b)(5), the plan may, "notwithstanding paragraph (2) of this subsection, provide for the curing of any default within a reasonable time and maintenance of payments while the case is pending on any..
Similar(48)
This would generate enough interest income to cover the costs of any defaults, administration of the trust and other expenses.
They would also have to pay insurance premiums to the F.H.A., reducing the risk to taxpayers of any defaults.
Leases on 10 Boeing 737-200's, 15 737-300's and 11 737-400's would remain intact, and US Airways would take care of any defaults under those leases.
The American program went ahead only after Indonesia agreed to a second guarantee, that Jakarta would repay Washington in case of any defaults on the loans.
In the event of any defaults in the portfolio, the losses are magnified.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com