And if North Korea fails to honor this agreement, where does that leave us?
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For example, there is no automatic rollback if China, Mexico, or South Korea fails to honor its commitments.
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When he fails to honor the dictates of the game's corrupt elites, it threatens his career — and his life.
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As with any agreement, if one party fails to honor the terms, Starwood would have to sue Anbang to enforce the deal.
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Reacting to the drama, Iran has threatened to restart its nuclear program if the U.S fails to honor its obligations under the terms of the pact.
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"Having served in Iraq, I'm deeply offended when Donald Trump fails to honor the sacrifices of all of our brave soldiers who were lost in that war," Coffman said.
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"Having served in Iraq, I'm deeply offended when Donald Trump fails to honor the sacrifices of all of our brave soldiers who were lost in that war," Mr. Coffman said.
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Vice President Mike Pence said Monday that the U.S. would not make a deal to end its trade dispute with China if Beijing fails to "honor its commitments" to Hong Kong, Reuters reports.
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La La Land touts itself as a love letter to movie musicals, but it fails to honor the memory of films like Singing In The Rain and West Side Story through its casting choices.
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If America fails to honor a global agreement that it helped forge, the repercussions will undercut our diplomatic priorities across the globe, not to mention the country's global standing and the market access of our firms.
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"Salehi said that in case the U.S. fails to honor its commitments under the Iran nuclear deal, Iran will adopt measures that can affect the current trend of Iran's cooperation with the agency," the Iranian report said.
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If not, it won't be news to his critics that Donald Trump fails to honor his debts; ask any of the hundreds of employees or subcontractors who have alleged that Trump failed to pay them for their work.
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Since bankruptcy means that a firm fails to honor all its promised payments to other firms, it may spread financial troubles from one firm to another (see 'Contagion' below). The average degree of leverage in the economy often rises prior to a financial crisis. For example, borrowing to finance investment in the stock market ("margin buying") became increasingly common prior to the Wall Street Crash of 1929.
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Reservations for later dining times may prove problematic, as a restaurant may have a backlog which will require the reservation-holders to wait beyond their stated arrival time. In addition, diners with a late reservation face a higher chance that the restaurant will run out of necessary ingredients for a particularly popular dish. Most restaurants do not charge a customer who fails to honor their reservations, and courts have tended not to impose substantial penalties on restaurants that fail to honor reservations. Nonetheless, it is generally considered polite to call and cancel a reservation once it is known one will not use it.
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Arhalba only ruled for two years and was forced to abdicate in favor of his brother by the Hittite king Mursili II after his failed attempt to reproach Egypt for an alliance against the Hittites. Niqmepa was installed by the Hittite king Mursili II after forcing the former king, his brother Arhalba to abdicate the throne in favour of him and was forced to sign a new treaty declaring explicitly that Ugarit was a vassal state of the Hittites. The treaty reveals that Niqmepa had a harem, and states that his woman and children will be held responsible if he fails to honor his obligations. At the same time Ugarit lost control of the territory of Shiyannu to the east, which halved the area controlled by Niqmepa.
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