The term
"corporate purposes" refers to the reasons or objectives that a company is formed and exists.
Full definition
Nevertheless, money that is spent on executive compensation plans is money that is not available for
other corporate purposes, including paying dividends to shareholders.
Ask yourself why they are saying what they are saying,
what corporate purpose does it fill, and can you use it to help you?
The new announcement claims that $ 18 million will be invested into bitcoin mining hardware and facilities while $ 2 million will go on general
corporate purposes such as listing costs.
In addition to helping with its capital expenditures, the proceeds will also be used to repay commercial paper as it matures and for
general corporate purposes, the company said.
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Capital for operations or other
corporate purposes so that claimholders can take advantage of business opportunities.
The Los Angeles - based office REIT expects to net proceeds of about $ 332.2 million and said in a statement that it plans to contribute the funds to its operating partnership to use for general
corporate purposes including acquiring properties and repaying outstanding debt.
Per Wikipedia, «The company's official statement of
corporate purpose says that the business exists «to glorify God by being a faithful steward of all that is entrusted to us and to have a positive influence on all who come in contact with Chick - fil - A.»»
Unfortunately, so long as corporate polluters enjoy a nearly - unlimited capacity to inject corrupting money into political decisions — especially in the US --- old - style risk assessment will continue to dominate because it
serves corporate purposes so well.
«From the start, we have embraced an
alternative corporate purpose which seeks to help get more people on bicycles by making our communities friendlier places for the self - propelled.»
The credit facility is available for
general corporate purposes including acquisitions, new developments and maturing debt payoffs.
The unsecured credit facility may be utilized to acquire, finance or re-finance properties, as well as for
other corporate purposes.
«Netflix intends to use the net proceeds from this offering for general
corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions,» Netflix wrote in a statement Monday.
Anything raised in excess of those expenses will go to working capital and general
corporate purposes.
The company says it will use the proceeds from the IPO «for working capital and general
corporate purposes, including continued investments in the growth of the business.»
We currently intend to use the net proceeds to us from this offering primarily for general
corporate purposes, including working capital, sales and marketing activities, general and administrative matters and capital expenditures.
MicroVision intends to use the proceeds from the issuance for general
corporate purposes.
The company, which didn't disclose a price range or the number of shares it will offer, plans to use the proceeds for general
corporate purposes.
Netflix intends to use the net proceeds from this offering for general
corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.
In addition, approximately $ 122 million was used to repay all outstanding amounts previously drawn under Marriott Vacations Worldwide's $ 250 million warehouse credit facility, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general
corporate purposes.
The luxury homebuilder intends to use the cash for general
corporate purposes and to pay off debt, it said in a release.
Twilio plans to use proceeds from the offering for general
corporate purposes, including investing in engineering, sales and marketing and to enhance its technology platform, according to the prospectus.
The proceeds will be used for general
corporate purposes and to repay existing debt.
Net proceeds from the offering will be added to CWB's capital base and used for general
corporate purposes.
In addition, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general
corporate purposes.
Microvision intends to use the proceeds from the issuance for general
corporate purposes.
The Hershey Company intends to use the net proceeds of the Notes Offering to repay a portion of the commercial paper it issued to fund its acquisition of Amplify Snack Brands, Inc. and pay related fees and expenses and for general
corporate purposes.
Net cash proceeds to the company after transaction costs and cash reserves were $ 236 million, which are available for general
corporate purposes.
As for the remainder, it has said only that the money will be used for general
corporate purposes, meaning anything from working capital to acquisitions to dividends and buybacks.
Net cash proceeds to the company after transaction costs, cash reserves and repayment of amounts outstanding under the company's warehouse credit facility were $ 132 million, which are available for general
corporate purposes.
This transaction generated approximately $ 22.5 million of net cash proceeds to the company after transaction costs and cash reserves, which are available for general
corporate purposes.
Of the approximately $ 238 million in proceeds from the transaction (before transaction expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for general
corporate purposes.
CIT plans to use the proceeds for general
corporate purposes.
DaVita says it plans to focus on its kidney - dialysis business, and use the money for share repurchases, debt payment and general
corporate purposes.
Since 2007, we've issued over $ 8 billion in loans for many business needs including inventory purchase, equipment acquisition, hiring, and general
corporate purposes.
Christian culture pervades many aspects of Chick - fil - A's operations, from
its corporate purpose — which includes «to glorify God by being a faithful steward of all that is entrusted to us» — to its policy of closing restaurants on Sundays to praying at restaurant openings.
Comptroller Scott Stringer, investment adviser and trustee to the $ 150 billion city pension funds, is questioning «both the magnitude and
the corporate purpose» behind the Clayton Williams Energy Inc. donations to the National Rifle Association and American Crossroads, a conservative political action committee.
The principles of Responsible Care are reflected in BASF's
corporate purpose to create chemistry for a sustainable future.
Aquafadas, a Kobo company, provides solutions for magazine and newspaper publishers, ebooks, publications for marketing and
corporate purposes, and even digital comics.
A small fraction of these end up being used for commercial or
corporate purposes, while many are seized simply as precautions.
Unless otherwise indicated in the applicable pricing supplement, the net proceeds from the offering of the notes will be applied for our hedging and general
corporate purposes.
Phrases with «corporate purposes»