Sentences with phrase «at issuance for»

In exchange for a premium paid to the issuing insurer, it makes payments periodically (sometimes annually, usually monthly) at a level fixed at issuance for insured's lifetime.

Not exact matches

High - yield, or junk, issuance, also has been strong at $ 224.3 billion, though it is nearly 9 percent off last year's total for the same period, according to SIFMA.
At the time of expiration, approximately 30,426,564 shares of common stock were reserved for issuance under the SOP.
We are so thrilled that our Instant Issuance for Disaster Relief program won both the Fintech / Incumbent Collab of the Year and the Sonja Halvorson Memorial Social Merit awards at ACT Canada yesterday with our partner Mastercard Canada!
(6) Regardless of the terms of any agreement evidencing an Incentive Award, the Committee shall have the right to substitute stock appreciation rights for outstanding Options granted to any Participant, provided the substituted stock appreciation rights call for settlement by the issuance of shares of Common Stock, and the terms of the substituted stock appreciation rights and economic benefit of such substituted stock appreciation rights are at least equivalent to the terms and economic benefit of the Options being replaced.
We believe that our existing cash and cash equivalents balance, together with cash generated from operations and our $ 50.0 million Series D preferred stock issuance in July 2014, will be sufficient to meet our working capital and capital expenditure requirements for at least the next 12 months.
Moreover, money for fiscal stimulus may translate into net Treasury issuance this year of US$ 1.3 trillion at a time when the Fed itself is no longer a buyer.
Each share of convertible preferred stock may be converted, at the option of the holder, at any time into common stock as is determined by dividing the applicable original issue price by the conversion price as adjusted for certain dilutive issuances, splits and combinations.
On March 9, 2017, the Company issued (i) 125,000 shares of common stock of the Company to Redwood Fund LP («Redwood») in exchange for cash of $ 200,000; and (ii) 125,000 shares of common stock of the Company to Imperial Strategies, LLC («Imperial Strategies») in exchange for certain services rendered, valued at $ 200,000, as of the date of such issuance.
The resulting increase in corporate bond issuance has pushed up swap spreads, with the spread on US 10 - year (bank / government) swaps, for example, recently at its highest level for several years (Graph 7).
At the time, Banco Estado said it would «not operate with companies that are dedicated to the issuance or creation, brokerage, intermediation or serve as a platform for the so - called cryptocurrencies.»
Total issuance for 2017 ended the year at $ 1.63 trillion, slightly below $ 1.65 trillion in 2016.
A new record, of $ 1.5 billion, was set for issuance at a single maturity in the June quarter.
The «officially tabulated» mainstream b.s. reports are not picking up the numbers, but the large credit card issuers (like Capital One) and auto debt issuers (like Santander Consumer USA) have been showing a dramatic rise in troubled credit card and auto debt loans for several quarters, especially in the sub-prime segment which is now, arguably the majority of consumer debt issuance at the margin.
At the event, which was hosted by the Yale Law School Center for the Study of Corporate Law in New Haven, Powell highlighted three specific areas where blockchain technology is affecting change in regard to the Federal Reserve's «broad public policy objectives»: the creation of real - time payment systems, use of blockchain technology for clearing and settlement services, and the issuance of digital currencies by central banks.
Additionally, blockchain asset management firm Templum and broker - dealer Liquid M Capital have also unveiled plans for a registered ATS that will facilitate ICO security token exchange and issuance.
At the time, Banco Estado said it had decided to «not operate with companies that are dedicated to the issuance or creation, brokerage, intermediation or serve as a platform for the so - called cryptocurrencies.»
Analysts at Moody's Investors Service Middle East in Dubai say the issuance is credit positive for Saudi banks because their profitability will benefit from the transfer of their large, low - yielding reserves of cash and placements from the Saudi Arabian Monetary Authority and other banks to higher - yielding government Islamic bonds.
«The issuance of the drilling permit and plans for Phase 1 exploration drilling program at Copper Duke is a milestone for the company as it represents the beginning of testing of one of the world's best undrilled gold - copper porphyry targets,» said Core Gold CEO Keith Piggott.
(2) An accredited certifying agent's application for accreditation renewal must be received at least 6 months prior to the fifth anniversary of issuance of the notification of accreditation and each subsequent renewal of accreditation.
The Narula Group has agreed to accept the first $ 2,660,000 of its Achieved Margin Share through the issuance of 950,000 shares of RIBT's common stock at a fixed purchase price of $ 2.80 per share («Margin - for - Shares Mechanism»), representing a premium of 52 % to the closing price on the date immediately prior to signing.
Speaking at a press briefing at the State secretariat in Alausa, Ikeja, the Acting Commissioner for Transport, Mr. Anofiu Elegushi said while the order lasts, there will be no issuance of tickets or collection of money from commercial vehicles operating in the area.
At the same time, the budget calls for new debt issuances, outstanding debt and annual service payments over the next five years.
FHC / L / 565C / 2015 - filed an application for the issuance of bench warrant against Innocent Chukwuma; Charles Chukwuma and Annajekwu Sunny for fraudulent clearance of goods, forgery, conversion, stealing and conspiracy presently pending before Faji J, at the Federal High Court, Ikoyi and adjourned to Decemeber 8, 2017 for arraignment / or hearing of motion.
FHC / L / 565C / 2015 - Inspector General Of Police And Innoson Nigeria Limited; Innocent Chukwuma; Charles Chukwuma; Maximian Chukwura; Mitsui Osk Lines; Annajekwu Sunny for fraudulent clearance of goods, forgery, conversion, stealing and conspiracy presently pending before Faji J, at the Federal High Court, Ikoyi and adjourned to November 21, 2017 for arraignment / or hearing of motion for issuance of Bench Warrant.
Briefing newsmen on the development at the party's national secretariat, Thursday, National Publicity Secretary of the party, Prince Dayo Adeyeye said following the issuance of a query to Ubah and his refusal to reply same, the party decided to suspend him for one month.
Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.
Rome Mayor Joseph Fusco said, «The news of the permit issuance comes at a very important time for our area it will allow the nano project to proceed and with that economic growth and stability in our region.
«We request that you oppose any new requirements that would delay the issuance of bonds for affordable housing purposes, especially where the sate has no credit risk such as with local issuances of such bonds,» New York State Association For Affordable Housing president Jolie Milstein said at the Albany hearing on Mondfor affordable housing purposes, especially where the sate has no credit risk such as with local issuances of such bonds,» New York State Association For Affordable Housing president Jolie Milstein said at the Albany hearing on MondFor Affordable Housing president Jolie Milstein said at the Albany hearing on Monday.
The Member of Parliament for Builsa South, Dr. Clement Apaak, has filed an application at the Supreme Court demanding an injunction on the issuance of any further bonds without Parliamentary approval.
The issuance of 35,000 pardons at once would be remarkable for any governor, but it is particularly so for Mr. Cuomo, who, during his first two years in office, did not issue any pardons; by the end of his fifth year, he had issued eight.
According to the statement, «As at today, the only request for approval from the Executive for loan was the one dated January 27, 2017 and signed by Acting President, Professor Yemi Osinbajo seeking a «resolution of the National Assembly For the Issuance of USD 1 Billion EuroBond In the International Capital Market For The Funding of the 2016 Budget Deficit» and we immediately granted the approvfor approval from the Executive for loan was the one dated January 27, 2017 and signed by Acting President, Professor Yemi Osinbajo seeking a «resolution of the National Assembly For the Issuance of USD 1 Billion EuroBond In the International Capital Market For The Funding of the 2016 Budget Deficit» and we immediately granted the approvfor loan was the one dated January 27, 2017 and signed by Acting President, Professor Yemi Osinbajo seeking a «resolution of the National Assembly For the Issuance of USD 1 Billion EuroBond In the International Capital Market For The Funding of the 2016 Budget Deficit» and we immediately granted the approvFor the Issuance of USD 1 Billion EuroBond In the International Capital Market For The Funding of the 2016 Budget Deficit» and we immediately granted the approvFor The Funding of the 2016 Budget Deficit» and we immediately granted the approval.
Slates of nominees for these positions shall be published to the Members at least thirty days in advance of the issuance of ballots.
For instance, if players participating in a simulated situation related to «Loan Issuance at the Bank of XYZ» end the game by following all the rules — but still end up issuing some «bad loans»; then, the outcome should be reviewed carefully.
Basically, its provisions are as follows: If a prospective teacher who has a baccalaureate or advanced degree in an academic major other than education passes the appropriate certification exams and background checks and is hired by a school district to teach in the subject area of preparation in grades 8 - 12, the candidate will be granted a probationary certificate for a maximum of two years, at the end of which time the school district decides, based on the teacher's performance, whether or not to recommend the issuance of full standard certification.
-- If final regulations have not been issued pursuant to this section, for new construction or alterations for which a valid and appropriate State or local building permit is obtained prior to the issuance of final regulations under this section, and for which the construction or alteration authorized by such permit begins within one year of the receipt of such permit and is completed under the terms of such permit, compliance with the Uniform Federal Accessibility Standards in effect at the time the building permit is issued shall suffice to satisfy the requirement that facilities be readily accessible to and usable by persons with disabilities as required under section 303, except that, if such final regulations have not been issued one year after the Architectural and Transportation Barriers Compliance Board has issued the supplemental minimum guidelines required under section 504 (a) of this Act, compliance with such supplemental minimum guidelines shall be necessary to satisfy the requirement that facilities be readily accessible to and usable by persons with disabilities prior to issuance of the final regulations.
According to IFRMarkets, 57 % of Q1 2016 high - yield issuance was sold in March, and at USD 6.3 billion, with the last week of March being the busiest for 2016.
Please review the Mastercard Commercial Guide to Benefits, provided at issuance, for full details.
For someone who's hovering at a 680, a 90 - day credit card account could see a dip of 80 points if they've been late and hit with back to back delinquency issuances.
For example, if a $ 5,000 tax - exempt bond (issued at par on January 1, 2003) with a 20 - year maturity were purchased five years after its issuance (on January 1, 2008) at a price of $ 4,400, the market discount would be $ 600.
You are responsible for any taxes, fees, or other charges associated with the issuance of tickets for airline travel but not otherwise covered by the airline's redemption of travel rewards, which must be charged to your Credit Union credit card at the time of redemption.
Historically an alternative practice of issuance was for the borrowing government authority to issue bonds over a period of time, usually at a fixed price, with volumes sold on a particular day dependent on market conditions.
Mortgage rates lower than expected and increases in refinancing may increase for a time the amount of mortgages being pulled out of the Fed's holdings, returned the market in new originations and eventually back into new MBS that the Fed will continue to buy (at least when MBS issuance is in excess of $ 4B (or $ 8B, $ 12B, etc.) in a given month.
Based on the average interest rates of benchmark SGS the month before, and may be adjusted to maintain the «step - up» feature if market conditions do not allow it Note: At issuance, interest rates for the entire 10 - year term are fixed and locked in for each issue
The fund employs leverage through the issuance of senior fixed rate notes which creates an opportunity for increased income, but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares).
Looking at it from the other side of the aisle, stock issuances allow a company to raise funds for any business - related activities.
We'll ignore minor acquisitions, so first we'll look at Liquid Development — cash outlay & share issuance are reflected in the FY results, but only a third of its $ 7.5 million annual revenue is captured, so that's a $ 5.0 million revenue bump for FY - 2016.
However, a bond may be reviewed at any time the agency deems necessary for reasons including: missed or delayed payments to investors, issuance of new bonds, changes to an issuer's underlying financial fundamentals, or other broad economic developments.
The fact that the issuance was undertaken at such a discount to the prevailing market price for KONA stock raises a red flag for us.
Under certain circumstance, the issuance of the preferred stock could make it more difficult for a third party to gain control of Forward, discourage bids for the common stock at a premium, or otherwise adversely affect the market price of our common stock.
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