Sentences with phrase «company default in its payments»

For example, if the company has a really good patent, they could use the patent to guarantee the bond — promising the patent to the bondholders should the company default in its payments.

Not exact matches

Default risk: is the risk that a company may be unable to make the required payments of principal or interest and may result in the loss of some or all of the principal invested.

The first step in avoiding default is to call your student loan servicing company and discuss various payment plans.2 You might find that you qualify for an income - based repayment plan or a «pay as you earn» plan.

A key part of the government, the island's sole utility company, PREPA, defaulted on interest payments to bondholders in July of this year, Vox reports, leading to widespread power outages.

NCA, threatened it would in accordance with section 13 (1)(C) of Act 775, take the required steps to revoke the company's Mobile cellular license for default payment of fees or other moneys charged by the Authorit

Prof. Dankofa, among other things, in suit KDH / KAD / 236 / 2018 is praying the court to «declare that the action of the respondents (Kaduna State Government and Kaduna Geographic Information Service, KADGIS) in arrogating to themselves the power to punitively sanction the Applicants (Hunkuyi and his Company, Muna Investment Ltd) property, even if the Applicants were purportedly in default of payment of either ground rent or land use charge or for any other reason constitute a gross violation of Applicant Fundamental Human Right guaranteed under section 43 (1) and 46 (1) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and therefore illegal, unconstitutional, null and void.»

Default risk is the possibility that a company declares bankruptcy or a municipality becomes insolvent, and can not pay in a timely manner the principal and interest payment it owes under a bond indenture.

The issuing company may ask for a security deposit before approving the application in order to protect themselves in case you miss payments or default.

Understanding the rules of the specific auto title loan company you are using is important to ensure that you get payments in on time and do not become in default on your loan.

The mortgage company can only foreclose if there is a default in payments, a failure to pay property taxes, a failure to maintain insurance, or if the borrower / debtor is damaging the property intentionally or recklessly.

Unlike banks or NBFCs (Non-Banking Finance Companies), no regulations are specified for these schemes, and in case, the jeweler just shuts shop, and defaults on your payments, there are no special laws to ensure your capital protection.

Known as «The Homeownership Company», it provides default mortgage insurance to Canadian residential mortgage lenders that enables low down payment borrowers to own a home more affordably and stay in their homes during difficult financial times.

Default can mean either a company is unable to pay interest on their debt or a potential delay in payment of interest on debt.

Student loan servicers, the companies paid to collect payments, are responsible for enrolling borrowers in repayment plans to help them avoid default.

The Company is never required to post collateral, and upon default, payments are made on a «pay - as - you - go» basis after the subordination in a transaction is exhausted.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

Brooks enrolled in a debt relief program with a debt consolidation company to make his loan payments more manageable, but that didn't work out and he defaulted on his loans.

Coupled with a sustained decline in the interest coverage ratio — an indication of a company's ability to meet its interest payments — these serve as good indicators of a marked increase in default probabilities in times of stress.

The first step in avoiding default is to call your student loan servicing company and discuss various payment plans.

The first step in avoiding default is to call your student loan servicing company and discuss various payment plans.2 You might find that you qualify for an income - based repayment plan or a «pay as you earn» plan.

Thank you very much for your response our advert company information is below, we have been hired to clear up a corrosive waste acid, since job was completed they have threaten to take legal action against our firm claiming that my company did not clear up the waste properly and since then there are still in default on payment.

acted against an Indian pharmaceutical company, who had defaulted on payments after making substantial losses in ISDA governed derivative transactions.

Such a scenario can lead to a motorist defaulting on their payments for the vehicle or the lending company losing its collateral in the loan.

First of all, when somebody «defaults» on their auto insurance premiums (by being late on a payment), the auto insurance company's reaction is not like that of another kind of lender, such as the company that is letting you pay off your TV or your dinner table in installments.

SELECTED ACCOMPLISHMENTS • Increased client base by 36 % by employing strategic marketing tactics to develop interest of new accounts into the company's investment products • Revived 52 dormant accounts by contacting clients and piquing their interest in the company's new services • Ensured 100 % payment of defaulted clients» accounts within three months of beginning follow up tasks • Reorganized the company's clients» data by introducing a database system and making obsolete paper records management system

In recent months, companies such as Harbour Portfolio Advisors in Dallas have come under fire for allegedly selling properties in poor condition to buyers who couldn't afford the repair costs on top of installment payments — which carried an interest rate as high as 10 percent — and evicting the buyers soon after they defaulteIn recent months, companies such as Harbour Portfolio Advisors in Dallas have come under fire for allegedly selling properties in poor condition to buyers who couldn't afford the repair costs on top of installment payments — which carried an interest rate as high as 10 percent — and evicting the buyers soon after they defaultein Dallas have come under fire for allegedly selling properties in poor condition to buyers who couldn't afford the repair costs on top of installment payments — which carried an interest rate as high as 10 percent — and evicting the buyers soon after they defaultein poor condition to buyers who couldn't afford the repair costs on top of installment payments — which carried an interest rate as high as 10 percent — and evicting the buyers soon after they defaulted.