Failure to meet the legal obligations of a loan (e.g. by suspending payments)
1
Above all, lenders need assurance that a sovereign borrower will not default on a loan repayment.
2
The statement came hours before Athens was set to default on a loan to the International Monetary Fund.
3
When you take one single individual with perhaps a patchy credit history and unstable employment, the risk of default on a loan is quite high.
4
Talos Capital Ltd sought summary judgment against Joseph Sheehan and John Flynn over what it claimed was "material" default on a loan agreement.
5
If someone you know has defaulted on a loan, that can affect you.
6
Citigroup seized control of EMI in February after its previous private equity owner, Terra Firma, defaulted on a loan.
7
The bank seized control of EMI in February after its previous private equity owner, Terra Firma, defaulted on a loan.
8
But capital controls put in place after Greece defaulted on a loan to international creditors have essentially frozen companies' cash flows and credit.
9
Deutsche Bank took over the 110,000 square-foot casino resort after the previous owner defaulted on a loan in 2008.
10
This section makes no provision that the "person" with whom Nama has reached the agreement must not have defaulted on a loan.