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Explanation: Hi Maria,
just another suggestion from Dicionário Jurídico de Maria Chaves de Mello. 8th Edition. Brazil.
Agreement to pay the debt or perform the obligation of another in the event the debt is not paid or obligation not performed. ... www.romico-ltd.net/puzzle.asp - 66k - Cached - Similar pages
... its obligations hereunder by giving written notice of such termination or (ii) to require specific performance of the obligation not performed. ... www.secinfo.com/d11gjb.51c.d.htm - 52k - Cached - Similar pages
If any Minimum Rent, other Rent or other charge, reserve or other amount due under the Lease shall not be paid, or any obligation not performed as required ...
sec.edgar-online.com/2002/11/15/0001013218-02-000008/Section17.asp - 44k - Cached - Similar pages
Neyde Brazil Local time: 10:56 Works in field Native speaker of: Portuguese PRO pts in category: 39
Explanation: It is the term we use here in the US when payments are not paid on time. Ex: a credit card suspends the account and they inform the holder that the account is delinquent, because payment obligations according to the contract were not performed.
Thais Maria Lips United States Local time: 09:56 Specializes in field Native speaker of: Portuguese, English PRO pts in category: 35