He doesn't benefit if the common rises (I leave aside convertible preferreds), and he is not protected during times of default. (alephblog.com)
At the time of the default judgment, SG had accepted a final out - of - court settlement of US$ 14 million from the Ghana Government. (citifmonline.com)
And if you were to default on this loan — not that you would — , your lender would only recover the market value of your car at the time of your default when it repossesses the car. (ifsautoloans.com)