The gas absorption heat pump is next to a sustainable and energy-saving solution an intelligent system solution. The GHP is easy to combine with the existing boilers from Buderus. The gas heat pumps can also be applied in cascade. The Buderus Boiler pump is installed outside and uses outdoor air as heatsource.
What is default? To default means you failed to make your payments on your student loan as scheduled according to the terms of your promissory note, the binding legal document you signed at the time you took out your loan.
Bankruptcy: a legal finding that imposes court supervision over the financial affairs of those who are insolvent or in default. Types of default. Default can be of two types: debt services default and technical default. Debt service default occurs when the borrower has not made a scheduled payment of interest or principal. Technical default occurs when an affirmative or a negative covenant is violated.