Deferral of interest payments
on kikin debt itself does not constitute a breach of a kikin fund agreement between the insurer and investors, as the insurer can defer the interest payment
when there is a shortfall in the issuer's available financial resources to pay interest,'' the U.
Some banks, such as Citibank, are using the payment to write down the principal and doing the work to re-adjust payments so that borrowers can continue to benefit from a decreased interest payment
a) postpone the maturity date or the interest payment
The LLC makes periodic preferred equity payments to the MIPS holders with the cash it receives from the parent's interest payment
387 billion as both amortization and interest payments
When there is a dispute, the courts look at factors such as the presence or absence of a written note, scheduled payments, a fixed interest rate, interest payments
, collateral and a sinking fund.