A Dangerous Cycle. The relationship between sleep apnea and obesity is a complex one. Obesity can cause sleep apnea to form or worsen, and sleep apnea can cause more weight gain. Individuals may find themselves succumbing further and further to the disease, as the cycle between the two becomes more severe.
Defeasance is a provision that voids a bond or loan when the borrower sets aside cash or bonds sufficient enough to service the borrower's debt. It is also referred to as defease..
The concept of defeasance originated in the municipal bond market. In the 1990âs, the concept was adapted to the commercial real estate market in response to the increasing securitization of fixed-rate loans. To make these securitizations more attractive to investors, true prepayment of loans was restricted, enabling predictable cash flows.