1.   If a company defaults, any insurance it sold will not pay off.

2.   If the company defaults, he said, the name would revert back to the bankruptcy trustee and would probably be licensed to another store operator.

3.   When a company defaults on payments, it is telling creditors that it still hopes to make payments in the future.

4.   The slowdown has led to a credit crunch and corporate cash-flow problems, causing a string of company defaults.