The claimant served a notice of default under the joint venture agreement on the ground that the respondent was in breach of the agreement.

Either banks need to default on their senior obligations, or the government will need to default alongside the banks.

The official line so far has been no default, meaning no sovereign default or that of any bank can be considered.

Moreover, no State Party may assist or induce anyone to breach this Convention.

Conduct carried out in the absence or default of the official authorities

Greece is heading towards disorderly default and or devaluation with incalculable consequences.

To perform nuclear activities without license, fail to report or else breach the Law, Ordinance or Regulations is criminalised.

Default

He breaks me with breach on breach. He runs on me like a giant.

He breaketh me with breach upon breach, he runneth upon me like a giant.

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(b) It directly or indirectly excludes or limits the liability of the carrier or a maritime performing party for breach of an obligation under this Instrument or

Investors were not worried about default risk on Spanish or Irish sovereign debt, or about Italy s chronically large sovereign debt.

The offence has caused a breach in relations and this breach needs to be healed.

Part III, Section 24 Special provisions for carriers addresses offences relating to possession and transport of nuclear material or associated items without a permit Part III, Section 25 Breach of condition of permit or authority etc. addresses offences relating to breach of permit.

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The risk of default or debt restructuring induces creditors to be more careful in their lending decisions.

If Greece chooses default, they cannot enforce their banks claims on Greek borrowers or seize Greek assets.

Breach of an international obligation

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After the Greek Default

Why Greece Will Default

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Have the Europeans decided that sovereign default is easier, or are they just dreaming that it won t happen?

Breach consisting of a composite act

A Breach in the Eurozone Dike

Breach consisting of a composite act

Breach consisting of a composite act

Countries never default because they can t pay their debts there are always ways to decrease expenditures or raise taxes.

2. Satisfaction may consist in an acknowledgement of the breach, an expression of regret, a formal apology or another appropriate modality.

(b) A group of States including that State, or the international community as a whole, and the breach of the obligation

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Credit Default Swaps on Trial

The Euro Zone s Default Position

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Either officials recognize immediately the inevitability of default and waste no resources trying to prevent it, or they believe that a default can be avoided and deploy all the resources at their disposal as fast as possible.

(d) Remedies for breach of patent rights

Breach of trust by a bank manager