Sentences with phrase «debt service payments for»

The Department of Education may offer Literary Fund loans from the uncommitted balances of the Literary Fund after meeting the obligations of the interest rate subsidy sales and the amounts set aside from the Literary Fund for Debt Service Payments for Education Technology in this Item.

In developing the proposed 2016 - 18 biennial budget for public education, the Department of Education shall include a recommendation to the Governor to authorize sufficient Literary Fund revenues to make debt service payments for this program in FY 2017 and FY 2018.

In developing the proposed 2016 - 18 and 2018 - 20 biennial budgets for public education, the Department of Education shall include a recommendation to the Governor to authorize sufficient Literary Fund revenues to make debt service payments for this program in fiscal years 2017, 2018, and 2019.

The Department of Education shall authorize amounts estimated at $ 11,670,000 the first year and $ 11,670,750 the second year from the Literary Fund to provide debt service payments for the education technology grant program conducted through the Virginia Public School Authority in 2011.

f. 1) The Department of Education shall authorize amounts estimated at $ 13,538,408 the first year and $ 13,538,408 the second year from the Literary Fund to provide debt service payments for the education technology grant program conducted through the Virginia Public School Authority in 2014.

In developing the proposed 2016 - 2018, 2018 - 2020, and 2020 - 2022 biennial budgets for public education, the Department of Education shall include a recommendation to the Governor to authorize sufficient Literary Fund revenues to make debt service payments for these programs in fiscal years 2017, 2018, 2019, 2020, and 2021.

Sure, they still have the hard real estate asset, so if you are unable to make the debt service payment for some reason, they have the ability to foreclose — not that you would ever want to go through that experience with someone you care about.

Not exact matches

That is, when debt service ratios are calculated using the discounted mortgage rates actually charged by banks (about 125 percentage points below posted rates), the average Canadian homeowner is paying just 25 % or so of income on mortgage payments, far below the 32 % benchmark used for mortgage - insurance qualification.

Your debt - service coverage ratio, also known as the debt coverage ratio, is the ratio of cash a business has available for servicing its debt, which includes making payments on principal, interest and leases.

Meanwhile, the total household debt service ratio, measured as total obligated payments of principal and interest as a proportion of household disposable income for both mortgage and non-mortgage debt, remained flat at 13.8 per cent in the fourth quarter.

They are to pay for their rising debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE) sectors — the very sectors which are receiving the growing interest payments on the national debts resulting from lowering taxes on wealth.

If so, then these needs to be traded on the open stock markets & accepted as payment just as a US Dollar for services, debts and any other purpose that the currency serves as.

Not only is free assistance available through your student loan servicer, many times taking payment for debt relief services before providing help is illegal.

That includes money for additional debt service payments due to the bill.

If you are owed money but you are unable to collect for any reason, or you have a portfolio of consumer's schedled payments or process, our debt collection or loan service can be your answer.

The country is $ 70 billion in debt, schools are closing by the hundreds, and infrastructural services — like the overburdened electricity system — have been overlooked in order to make way for debt payments to Wall Street creditors, according to Juan Cartagena, President and General Counsel of LatinoJustice PRLDEF, a public interest law firm.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The expected new loan facility is to provide for 18 - months of interest - only payments (no amortization), which is designed to reduce the initial debt service burden on the Sponsor so that it has sufficient time needed to stabilize the Property.

OMH will also provide debt service payments on a portion of the permanent loan and will provide $ 857,800 in annual funding for on - site social services for the Supportive Housing tenants.

At the same time, the budget calls for new debt issuances, outstanding debt and annual service payments over the next five years.

including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion

Such capital budget shall indicate debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the recommended sources of all proposed capital financing including, but not limited to, capital reserve fund, sinking funds, current revenues, temporary borrowing, bond sales, federal and state grants, loans or advances.

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

@DJClayworth «The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.»

call for a revision of the current formula for setting rates which requires rates to be set to fully cover the cost of operating the system, the cost of debt service for capital work and a rental payment to the City of New York, which is set at 15 % of the debt service,

The only allowable punishment for defaulting on the debt would be the refusal of service, and perhaps the confiscation of property in lieu of payment.

$ 12.8 million in debt service payments by delaying until February 2016 borrowing for capital projects, termination pay and tax refunds.

«Achieving these lapse — or savings — targets will be a significant budgetary challenge, especially in light of the high levels of fixed costs for FY 2018, such as debt service payments, pension contributions and other costs.»

The budget is able to exploit this loophole by not «adjusting for payment timing differences and accounting changes,» such as through premature debt service payments or «shifting expenditures out of state operating funds spending.»

It wants a security that future services will be paid for and an acceptable plan of paying previous debts plus immediate payment of $ 25million.

He proposed to limit debt service payments to 10 per cent of export earnings and refused to pay the IMF the arrears it asked for.

And all remaining debt will be forgiven after 10 years of responsible payment for those working in public service, and 20 years for all others.

For example, teachers who take advantage of the Stafford Teacher Loan Forgiveness program to access up to $ 17,500 in loan forgiveness after five years of payments will unwittingly reset the clock on the more generous Public Service Loan Forgiveness Program, which forgives all outstanding debt held by teachers after 10 years of reduced payments tied to the borrower's income.

CTBA has created per - district estimates for both normal cost (the payment that covers benefits being earned by current employees) and legacy cost (the debt service payment to make up for previous years» underfunding).

This fund was established by the Board to provide for debt expenditures (e.g., debt service, swap, variable rate payments, and fees) and other uses approved by the Board.

Debt service funds are established to account for revenues and appropriations that are used for the payment of principal, interest, lease payment, and other related costs.

For example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher pension and healthcare funds will account for an additional $ 620 milliFor example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher pension and healthcare funds will account for an additional $ 620 millifor an additional $ 620 million.

Borrowing costs may be higher because of PA's 5 credit downgrades AND lawmakers who support this borrowing have not shared how they plan to pay for these substantial new debt service payments in future budgets.

Debt service payments on TIFIA direct loans issued under a TIFIA line of credit can be deferred for up to fifteen years after substantial completion.

The project's senior debt obligations will be fully amortized prior to commencement of TIFIA debt payments, providing TIFIA with a sole claim on project cash flows available for debt service.

Eligible Purchases means the amount of purchases of goods and services that are charged to your HSBC Advance Mastercard ® account except for quasi-cash transactions (which include purchases of wire transfers, travelers cheques, foreign currency, money orders, payment of an existing debt, bets, lottery tickets and gaming chips) less any credits for returns, rebates or adjustments.

If you don't have 120 payments or and do not work for a public service governmental agency or true non-profit organization (this comes down to how this organization is taxed) you simply will not qualify for debt forgiveness.

You can also apply to the Public Service Loan Forgiveness Program, which allows you forgiveness of your debt if you have been working full - time and making payments for ten years.

Central Coast Lending can help you have proper expectations of down payment, cash due at closing, and monthly debt service; this will help you shop for the home that is right for you and avoid falling in love with a home that is out of reach.

If there is dispute over the amount of debt that was legitimately owed, is there any clean way to record the fact that one is willing to offer the amount that one agrees is owed if any when the agency commits in writing to agreeing that the debt was in fact paid in full [e.g. if a company mishandles a customer change of address such that the customer never receives a bill for $ 5.47 for the last few days of service, and only finds out about that last bill when a collection agency demands $ 95.47, a payment of $ 5.47 should show up as payment in full, rather than pennies on the dollar.]

For people that were current on their bills but wanted to do better, we offered the Debt Eliminator service to show them how, comprehensive financial tracking through our Ultimate Spending Plan budget tracking books, online bill payment capabilities, and Financial Recovery Counseling for those that had spending issues they wanted to overcoFor people that were current on their bills but wanted to do better, we offered the Debt Eliminator service to show them how, comprehensive financial tracking through our Ultimate Spending Plan budget tracking books, online bill payment capabilities, and Financial Recovery Counseling for those that had spending issues they wanted to overcofor those that had spending issues they wanted to overcome.

This divides the net operating income — all revenue minus all reasonably necessary operating expenses — by annual debt service — i.e., payments of principal and interest for the year.

This program allows graduates with high levels of debt and lower incomes for substantially reduced monthly payments and includes a forgiveness provision of any remaining balances in 10 years for employees in the public interest or public service arenas or after 25 years for everyone else.

Instead, these companies can only charge a fee for their services when they actually settle a debt, such settlement is memorialized in writing and a payment has been made to the creditor.

That's because the monthly payments for credit counseling services may not be that much lower than the minimum monthly payments you pay on your debts right now.