Sentence examples for servicing obligations from inspiring English sources

These factors led a number of LDCs to fall behind on their external debt servicing obligations and culminated in the Mexican debt crisis of 1982, when the Mexican government declared a moratorium on servicing its interest payments.

Under the initiative, eligible countries are relieved of debt servicing obligations - subject to the condition that the money saved is channelled to poverty reduction and other social investments for the poorest segments of their societies.

Then, there is the impact of external debt servicing obligations on domestic budgets if governments have to resort to domestic sources at high interest rates for financing public expenditure; this can of itself push up interest rates and "crowd out" investment.

However, some other countries borrowed in order to offset higher oil prices and in order to maintain an excess of expenditures over consumption, without developing the highly profitable investments with which to finance the debt-servicing obligations they incurred.

If Europe's leaders fail to extricate Greece from its current unsustainable debt-servicing obligations — by lowering interest rates and lengthening maturities at a minimum — the market reaction, for all of Europe, may be unforgiving, and uncontainable as investors conclude that no European sovereign debt is safe from possible default.

"I fulfilled all my service obligations," he said.

That debt is called a "past service" obligation, and in some cases in the nineteen-forties and fifties the past-service obligations facing employers were huge.

A federal trial judge imposed a $6 million fine and $12 million in community service obligations.

Officials also monitor their finances to ensure that providers can meet their service obligations.

"They're worried about an increase in their debt service obligations".

But he said a private sector buyer would soon try to loosen the channel's public service obligations.