Sentences with phrase «distribute assets for»

Not exact matches

With bitcoin's valuation still showing huge volatility, Middleton claims the availability of distributed hedging will both ensure the value of bitcoin for individuals holding the asset and provide systemic stability.
They represent content and digital rights management platforms (such as SingularDTV), distributed venture funds (such as the the DAO, for decentralized autonomous organization), and even new platforms to make investing in ICOs and managing digital assets easy (such as ICONOMI).
For example, if rates are rising, you can reinvest the proceeds of a fund that will be distributing its assets to shareholders into a fund with a higher yield.
«It's a change in how he distributes that asset,» said Ben Silverman, research director at InsiderScore, noting that Gates has been reducing his stake methodically for years through share sales to fund his foundation.
You'll create a high - value asset — one that people need for information or entertainment value, preferably both — and distribute that asset to the masses.
You might bid up asset prices, and of course assets are not equally distributed so that has consequences for income inequality.»
Singapore - headquartered GLP, a leading global provider of modern logistics and industrial facilities and technology - led solutions, and Toronto - headquartered Brookfield Asset Management Inc. have formed a 50:50 joint venture dedicated to building a leading platform for distributed solar energy on logistics and commercial rooftops in China.
One of the world's largest securities lenders, State Street wins kudos for offering its clients insights and trends on borrower demand and distributing customized portfolio assets across its five global trading desks.
Blythe Masters is CEO of Digital Asset, a New York headquartered financial technology company that builds distributed, encrypted straight through processing tools for wholesale financial service providers using distributed ledger technology.
A blockchain for invoice financing that has gone into production in India may demonstrate how distributed ledger technology can be used to track digital assets and deter fraud.
The primary aim of NEO is to become a digital, decentralized and distributed platform for non-digital assets through the use of smart contracts (see below for a more detailed look at smart contracts).
The XRP Ledger, the digital asset's underlying distributed ledger technology, is the key reason why XRP steadily led the pack of digital assets by being the fastest, most cost - effective, scalable digital asset for payments, which helps advance its goal — enabling IoV.
Brittany Koper, the granddaughter of TBN founders Paul and Jan Crouch and its chief financial officer until September 2011, has accused network directors of illegally distributing «charitable assets» worth more than $ 50 million for their personal use.
The granddaughter of Trinity Broadcasting Network founders Paul and Jan Crouch has accused some of the network's directors of illegally distributing «charitable assets» worth more than $ 50 million for their personal use.
The first is that when you pass away, all of your assets are distributed according to the terms of the trust, without the need for going to Court.
The Successor Trustee, who you've picked during your lifetime, steps in and manages the assets and distributes them according to what the document says, without obtaining a Court Order, in order for them to pass according to your wishes.
Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.
Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.
As you know, on January 6, 2009 Millennium Technology Value Partners L.P. («Millennium») delivered a letter to the Board of Neurobiological Technologies, Inc. («NTI» or the «Company») urging it to take immediate and decisive action to monetize and distribute the Company's remaining assets for the benefit of shareholders.
legal process of settling an estate during which the validity of the will is proven, the deceased's assets are collected and accounted for, debts and taxes are paid, and remaining probate estate assets are distributed
Assets in the account must be distributed to the designated beneficiary by age 30, or transferred to another Coverdell ESA for the benefit of another eligible family member — except in the case of a Special Needs Beneficiary.
If you don't ever want to be required to start distributing your retirement assets at any time, you need to consider the IRA rules for required minimum distributions (RMDs).
To meet the deadline for a conversion in the current year, you need to have the money or assets distributed from your traditional IRA by December 31.
«Telling a child that a will and power of attorney have been prepared, and maybe even letting them know some of the plans for managing and distributing assets, is a good start — but it's not a detailed discussion,» said BMO's Chris Buttigieg.
For example, joint tenancy is commonly used to avoid probate, a lengthy, costly and public process of distributing the deceased's assets in court.
A qualified terminable interest property enables the grantor to provide for a surviving spouse and maintain control of how the trust's assets are distributed once the surviving spouse dies.
Once the IRA assets are distributed, the plan administrator will withhold 20 % of the amount for tax purposes and 80 % of the assets will be distributed to the IRA account owner.
However, the MCIP portfolios (except for the U.S. Treasury Money Market Portfolio) do not distribute any dividends or capital gains, so changes in the total returns are reflected by changes in the net asset value.Total return figures include changes in principal value, and any reinvested dividends and capital gain distributions.
However, the MCIP portfolios (except for the U.S. Treasury Money Market Portfolio) do not distribute any dividends or capital gains, so changes in the total returns are reflected by changes in the net asset value.
Estate planning is the process of providing for the orderly transfer of your assets to your chosen beneficiaries; making sure that your estate is distributed the way you want it to be.
When you file for bankruptcy, your trustee is required to seize your assets and distribute them to your creditors.
Regardless of the value of your estate, it's important to establish a plan for how your assets are distributed at your death.
The donor is also in charge of how the money is invested; most donor - advised funds feature a short menu of investment options ranging from very conservative (for monies that will be disbursed soon) to more aggressive (for assets that will be distributed to charity further in the future).
A trustee administers the trust, makes decisions about trust assets and is responsible for distributing income and capital according to the number of units each investor holds.
More likely: If no strategic buyer is found for the Sellers stake, and the shares are distributed to lots of little shareholders current management may not be pressured into returning full intrinsic value over the next couple of years (i.e. No catalyst, no efficient asset allocation).
If you file bankruptcy chapter 7, you are assigned a trustee who sells your nonexempt assets and distributes the profits to your creditors to pay for your debts.
At the end of each month, the Portfolio will distribute an amount equal to approximately one - twelfth of 4 % on Class T4 units, approximately one - twelfth of 6 % on Class T6 units, and approximately one - twelfth of 8 % on Class T8 units of the net asset value per unit on the last day of the previous calendar year (or, if no units were outstanding at the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar year).
The standard double - entry approach would just be to create a Liability account for the loan, and then make a transfer from that account to your Asset (Savings) account when the loan proceeds are distributed to you.
For spousal care after your death, an experienced trustee will follow your directions to provide the necessary stewardship to assure that your assets are invested and distributed wisely for the continued benefit of your loved onFor spousal care after your death, an experienced trustee will follow your directions to provide the necessary stewardship to assure that your assets are invested and distributed wisely for the continued benefit of your loved onfor the continued benefit of your loved ones.
For Chapter 7, the non-exempt assets are sold and the proceeds distributed to creditors — after that you are free of dischargeable debt.
«If you do not meet one of the criteria — for example, if you fail to distribute all assets within one tax year — your NUA election will be disqualified, and you would owe ordinary income taxes and any penalty on the entire amount of the company stock distribution.»
When it comes to bonds and bond funds, taxes apply in two ways: on income that's distributed on a periodic basis and on gains that result in selling the asset for profit.
The distributed assets are used toward the purchase, or to build or rebuild a first home for the Roth IRA owner or a qualified family member.
Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash assets, on such terms and at such prices as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining assets of the Company, and, subject to statutory limitations, to take all other actions necessary to wind up and liquidate the Company's business and affairs.
Pursuant to the requirements of Washington law, the Company intends to retain certain of the remaining assets of the Company to satisfy and make reasonable provision for the satisfaction of any current, contingent or conditional claims and liabilities of the Company until such time as the Company's board of directors determines that it is appropriate to distribute some or all of such remaining assets.
Mr. Tang has expressed his opinion and proposed to [VNDA] and its Board of Directors that in order to maximize value for all Stockholders, [VNDA] must cease operations immediately, liquidate [VNDA]'s assets and distribute all remaining capital to the Stockholders.
We've been following VNDA (see our post archive here) because it's trading below its net cash value and Tang Capital Partners (TCP) has called for the company to «cease operations immediately, liquidate [VNDA]'s assets and distribute all remaining capital to the Stockholders.»
In light of the foregoing, and in order to preserve and maximize the diminishing value of the Company's assets for the benefit of all stockholders, Tang Capital has nominated Kevin C. Tang and Andrew D. Levin, M.D., Ph.D. for election to the Board at the Annual Meeting and proposed a stockholder resolution to be voted on at the Annual Meeting whereby the stockholders will request that the Company cease operations immediately, liquidate the Company's assets and distribute all remaining capital to the Company's stockholders.
Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) is trading below its net cash value and an investor, Tang Capital Partners (TCP), has called for the company to «cease operations immediately, liquidate [VNDA]'s assets and distribute all remaining capital to the Stockholders.»
We believe that in order to maximize value for all stockholders, the Company must cease operations immediately, liquidate the Company's assets and distribute all remaining capital to the Company's stockholders.
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