Sentence examples for of default in payment from inspiring English sources

We are not called upon to consider the effect of default in payment of any portion of the purchase money.

Default in payment of two instalments shall render this instalment plan null and void.

A market in such paper would enable governments to raise money without fear of default in a recession, because interest payments would decline or disappear when the economy was weak, and give creditors a windfall if growth was unexpectedly strong.

The members of the tenant's joint family were liable to make good out of their own property any default in payments.

These illustrate the individual and joint impact of bankruptcy costs, fire sales, and cross-holdings on systemic risk, measured as the number of defaults in the greatest price-payment equilibrium.

Martin merged The Inquirer with another paper, the Public Ledger, but the Great Depression hurt Curtis-Martin Newspapers and the company defaulted in payments of maturity notes.

It is possible that ESCOM was never able to pay off that amount because the notice (embedded below) says the sale is due to a foreclosure "for default in the payment of debt and performance of obligations owed by Escom, LLC ("Borrower") to DOM Partners LLC (Secured Party").

In Brazil and Chile even a single default in the payment of a liquid and exigible indebtedness warrants proceedings if the obligation has remained unpaid after demand.

For this reason, Congress should act as early as possible to extend normal borrowing authority in order to avoid the risk of default and any interruption in payments.

Online subscriptions are cut automatically when the credit cards become maxed out or in default of payment.

The occurrence of a specified credit event will trigger payment of the default payment by the seller of protection to the buyer of protection.