Default - Law Dictionary Search Results

Guarantee

Guarantee, is in collateral engagement to answer for the debt, default, or miscarriage of another person, a promise to another as

put an end to (a lease contract) because of the default of the other party NOTE: Under U.C.C. section 2A-505, a

c. 62).-This Act abolishes imprisonment for debt except incase of default of payment of penalties, default by trustees or solicitors, and

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in a uniform and consistent manner without any breach or default. The legislature never contemplated that a single default could be

141) is wider than the words 'found or made'. Declared defaulter should be an actual defaulter and not an alleged defaulter,

forfeited when the transaction falls through by reason of the default or failure of the purchaser. (5) Unless there is anything

several defendants, one pleads, and one lets judgment go by default, whereby the jury, who are to try and assess damages

there be a limitation over to a third person on default of such descendants, when it vests in such third person

s. 20, now (English) L.P. Act, 1925, s. 103, unless default has been made in payment of the principal, after notice,

for term of life, with an executory limitation over on default or failure of all or any of his issue whether

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