Sentences with phrase «defaults in the payment of»

Now, the bank is demanding their money and witch hunting these two Constituency Executives because they have defaulted in payment of the loan as a result of the demand of Hon. Cheremeh.

The bloc is currently facing a cash crunch which has crippled many of its organs, which are currently in default in payment of staff salaries.

Instead of defaulting in the payment of your student loans, there are actually certain steps you can take to prevent the situation.

If the borrower defaults in the payment of the debt, the trustee may sell the property without legal proceedings.

If, however, he defaults in the payment of the debt, the trustee may sell the property at a public sale, under the terms of the deed of trust.

Default in the payment of interest or principal on a Senior Loan will result in a reduction in the value of the Senior Loan and consequently a reduction in the value of the Portfolio's investments and a potential decrease in the net asset value («NAV») of the Portfolio.

(i) There must be default in payment of a sum due to be paid following a court order.

In the Market Lofts case, the shared facilities agreement specifically contemplated an unregistered lien arising in the event of default in payment of any amounts owing under the agreement.

That, despite anything done, omitted or permitted by the transferor, the lease or grant creating the term or estate for which the land is transferred is, at the time the transfer is given, a valid lease or grant of the property conveyed, in full force, unforfeited and unsurrendered, and that there is no subsisting default in the payment of the rents reserved by or in the performance of the covenants, conditions and agreements contained in the lease or grant at the time the transfer is given.

i. That, despite anything done, omitted or permitted by the chargor, the lease or grant creating the term or estate for which the land is held is, at the time the charge is given, a valid lease or grant of the land charged, in full force, unforfeited and unsurrendered, and that there is no subsisting default in the payment of the rents reserved by or in the performance of the covenants, conditions and agreements contained in the lease or grant at the time the charge is given.

By Administrative Order dated March 2, 2018, Chief Administrative Judge Lawrence K. Marks further deferred the promulgation of the example of a notice of petition to be used in a proceeding under article 7 of the Real Property Actions and Proceedings Law on the ground that the respondent has defaulted in the payment of rent.

a petition was filed seeking a judgment solely on grounds that the respondent (s) defaulted in the payment of rent; and

When the Husband raised the argument against debtor prison, the Court countered by stating that the facts established «not mere default in payment of an order for payment of money, but a defiance of the court by manipulating, concealing and removing assets from the jurisdiction so as to make execution impossible.»

Keywords: Real Property, Commercial Leases, Default in Payment of Rent, Abandonment of Property, Improvident Sale, Damages, Mitigation

The husband was in serious default in payment of support and in making financial disclosure.

The Texas Department of Public Safety can also suspend or revoke your driver license or driving privileges if you fail to appear or default in payment of a traffic fine or a non-traffic violation fine.

If the borrower defaults in the payment of the debt, the trustee may sell the property without legal proceedings.

Not exact matches

«In the event of a municipal default, Assured Guaranty is obligated to cover shortfalls in scheduled principal and interest payments only when those payments are duIn the event of a municipal default, Assured Guaranty is obligated to cover shortfalls in scheduled principal and interest payments only when those payments are duin scheduled principal and interest payments only when those payments are due.

Greece's bailout expires at the end of the month, at which a $ 1.6 billion payment to the IMF will come due, and European leaders are scrambling to avoid a Greek default amid accelerating bank withdrawals in the troubled country.

However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).

If your credit scores haven't already plummeted as a result of late payments, missed payments, charge - offs, and defaults, when the bankruptcy is listed on your credit reports, you'll notice a large and immediate drop in your credit scores.

In case of a serious default, one in which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research notIn case of a serious default, one in which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research notin which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research notin a recent research note.

In other words, instead of skipping a handful of payments or defaulting on a loan, contact your creditors and lenders as soon as a problem arises and negotiate some form of resolution that's within your financial means.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

Mortgage default insurance is required by federal law for all homebuyers making a down payment of 20 % or less; an average Canadian home purchased with 5 % down requires more than $ 10,000 in mortgage insurance premiums.

If your credit score hasn't already plummeted as a result of late payments, missed payments, and defaults, when the bankruptcy is listed on your credit report, you will notice a large and immediate drop in your credit score.

Beginning in mid-2006, Goldman recognized that Fremont, a «key originator, was experiencing an increasing level of early payment defaults («EPDs»)(i.e., loans for which the borrowers had failed to make one or more of their first payments).

It takes borrowers an average of 21 years to repay their student loans, while 28 % of students are in default (or miss payments for 270 days or more) within five years of entering repayment.

Loans that have been in default can be consolidated after three consecutive monthly payments have been made or if the borrower agrees to repay the consolidation loans under an income - driven repayment plan (where the payments are based on the income of the borrower).

In order to prevent the risk of default, do your research and plan ahead to ensure that you will have enough money coming in to always make your loan payments on timIn order to prevent the risk of default, do your research and plan ahead to ensure that you will have enough money coming in to always make your loan payments on timin to always make your loan payments on time.

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 U.S. government only comes after student loan borrowers who are in default, which means they haven't made any payments for a period of 270 days.

The researchers at myFICO say that consumers who open several credit accounts in a short period of time are a greater risk to default on their loans or miss credit card payments.

Comparing our opportunity to Japan's, isn't our sovereign credit risk much higher than Japan's in terms of per capita GDP growth, structural balance - of - payments deficit, history of default and history of inflation?

They must supply information about the total amount of loans extended, the remaining balance, and the date of delinquency if you are past due on your payments or the date of default if you are in default.

The CFPB issued a consumer advisory in April 2014 warning borrowers of provisions that may lead to default even if the borrower is current on payments.

If a bond issuer fails to make either a coupon or principal payment when they are due, or fails to meet some other provision of the bond indenture, it is said to be in default.

It's important to pay attention to changes in the credit quality of the issuer, as less creditworthy issuers may be more likely to default on interest payments or principal repayment.

Even worse, researchers found more than half of borrowers in default would qualify for an income - driven repayment plan that would significantly reduce their monthly payments.

A steady drop in the quality of the oil Venezuela exports, as well as default on payments to various refineries, have whittled away at whatever confidence was left in the Venezuelan government.

In this context default is defined as either the halting of payments on U.S. Treasuries or, more likely, the «de facto» default that is implied when the Government has to print money in order to make the interest and principal paymentIn this context default is defined as either the halting of payments on U.S. Treasuries or, more likely, the «de facto» default that is implied when the Government has to print money in order to make the interest and principal paymentin order to make the interest and principal payments.

Much like an auto insurer insured policyholders against loss from damage or accident, the FHA agreed to insure lenders against loss from lack of payment (which is known as «default» in mortgage terminology).

These generally require you to pay more in the long run, but may be needed to keep you current on your payments and out of default.

The U.S. territory, whose economy has been in recession since 2006, is expected to default on $ 1.9 billion of debt payments due on July 1.

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.

There may be additional relief available for borrowers in default on their federal student loans, including a temporary suspension of collections activities and additional flexibility for borrowers making voluntary payments.

The essence of the collateral is that, in case you default in payment, the lender will keep your deposit to pay off your card balance.

In theory, at least, this can be a win - win - win solution to the problem of underwater homes: Homeowners instantly reduce their monthly payments and begin building positive equity in their homes; mortgage lenders benefit because above - water homeowners are far less likely to default and the foreclosure process is very expensive for banks; and the process helps speed recovery for the entire economIn theory, at least, this can be a win - win - win solution to the problem of underwater homes: Homeowners instantly reduce their monthly payments and begin building positive equity in their homes; mortgage lenders benefit because above - water homeowners are far less likely to default and the foreclosure process is very expensive for banks; and the process helps speed recovery for the entire economin their homes; mortgage lenders benefit because above - water homeowners are far less likely to default and the foreclosure process is very expensive for banks; and the process helps speed recovery for the entire economy.

They include: Forty - three percent of those with federal student loans are not making payments; and one in six borrowers is in default on $ 56 billion in student debt.

I'd say that the owner defaulting on payments and ensuing bankruptcy putting the team in control of the banks, whose goal was to minimize costs, not win on the ice, led to not being able to replace the aging core of the team via free agency, and the years of trading the first / picking late in the first / drafting players like Fistric with their first led to them not having a young core to turn to.