inability to meet financial obligations

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LAHORE: The Pakistan Cricket Board (PCB) on Saturday terminated the Pakistan Super League (PSL) contract of Multan Sultans franchise, reverting back all rights to itself due to the owners' "inability to meet financial obligations under the agreement".
Failure or inability to meet financial obligations is one of the most common reasons that a patient is discharged from a practice.
He further stated that budgetary cuts will impact the institution in numerous ways as the institution will have difficulties in attracting, retaining and motivating staff, resulting in high levels of staff turnover, an inability to meet financial obligations, a scaling down of activities, a reduction in academic programmes offered and staff lay-offs or retrenchments.