Sentence examples for should a default occur from inspiring English sources

The remedies section states that should a default occur, the lender may declare the entire principal of the note, together with accrued interest, immediately due and payable.

Should a default occur, the LLC can begin proceedings to enforce the trust deed.

Assuming that lending banks and loan servicers followed certain "due diligence" rules in trying to collect delinquent student-loan payments, the federal government would guarantee these loans for the issuing banks (or for those institutions holding secondary-market paper) should a default occur.

A default occurs when a country (or company) can't make a debt payment.

Swap arrangements made by other insurers require payments only if a default occurs.

And the seller would no longer be under any obligation to pay if a default occurred.

What if a company that wrote insurance can't produce the required payout when a default occurs?

The prices for credit default swaps, financial instruments that pay investors in the event that a default happens, imply just a 0.05 percent chance, or 1-in-2,000, of a default occurring within the next year, according to The Wall Street Journal.

The findings highlight the political repercussions that the GOP could confront should default occur.

A second default occurred when Freed did not maintain the required $5 million in unencumbered funds.

The French government can't really afford to bail out its French megabanks, if and when a Greek default occurs.