Sentence examples for suspending payment from inspiring English sources
Nantucket, pleading starvation, made a separate peace with Britain in August, declaring neutrality and suspending payment of federal taxes.
He kept fighting back, first by urging Panamanians to protest by suspending payment of taxes and utility bills.
DALLAS, Sept. 1 (AP)— Ling‐Temco‐Vought, Inc., an nounced today that it was suspending payment of divi dends on its preferred stock to preserve working capital.
Responding to the riots that led to the fall of President Fernando de la Rúa, Argentina's new Peronist government said it was suspending payment of the country's $132 billion in foreign debt and would begin printing a new currency.
The agency is also suspending payments to people suspected of trying to cheat the system.
A modification to make payments more manageable could include extending terms, reducing the rate, or suspending payments for 90 days.
The inspector general said that one option could be suspending payments to one pension fund for current employees.
The agency has already overpaid into the fund by more than $11 billion, and suspending payments would have no effect on current employees.
Terray then began to stabilize the finances by repudiating part of the debt, suspending payments on the interest on government bonds, and levying forced loans.
On Thursday the debt-laden company said it was suspending payments to its lenders pending completion of its restructuring, and warned its shares could be worthless.
Treasury secretary Tim Geithner announced that he was suspending payments into two federal pension funds, after the government reached its maximum legal borrowing limit.
