Sentences with phrase «event of bankruptcy»

In the unlikely event of the bankruptcy of National Bank Correspondent Network, the outstanding liabilities to clients (after CIPF coverage) are guaranteed by National Bank of Canada.
In the unlikely event of the bankruptcy of NBCN Inc., the outstanding liabilities to clients (after CIPF coverage) are guaranteed by The National Bank.
In the event that the ownership of the Rainforest Alliance, Inc. or an affiliate or their assets changes as a result of a merger, acquisition, sale of assets, or in the unlikely event of a bankruptcy, your information may be transferred to another company.
One possible, if somewhat radical, idea to start with might be to limit the ability of individuals and corporations to transfer or sell patents, especially in the event of bankruptcy.
In the event of bankruptcy or default by the issuer, income payments will cease and you may lose all or a portion of your initial investment.
In the event of bankruptcy, the holders of junior equity have a lower claim on the company's assets, and are behind bondholders and other debt holders.
Preferred stocks get various priorities such as in the event of bankruptcy, preference shareholders get paid first.
In the event of bankruptcy, a company's creditors take precedence over the company's stockholders.
Further, in the event of a bankruptcy of a Company, EF Advisor will act in the interests of the venture fund or venture partnership only and without regard to any Members that may have invested in the Company through the Site in another Offering.
Thus, the money is protected even in the event of bankruptcy of the fund company, the fund is almost run as a separate company.
DockATot ® may disclose information collected through the Site, including Personal Information: (a) if required to do so by law; (b) if in good faith we believe that disclosure is necessary to comply with local, state, or federal laws, or to respond to a court order, judicial or other governmental subpoena, or warrant; or (c) in the event of bankruptcy proceedings.
We may share your information in connection with a corporate transaction, such as the sale of a Provider Service, a merger, consolidation, asset sale, or in the unlikely event of bankruptcy.
[239] As noted in Section 2 - 1 above, the TIFIA lien on pledged revenues can be subordinated to those of senior lenders to the project except in the event of bankruptcy, insolvency, or liquidation of the obligor.
Payments are suspended in the event of bankruptcy or other reasons the creditor feels justifies the suspension.
This means they will be repaid in advance of stockholders, but will rank behind secured creditors, in the event of bankruptcy.
The primary difference between preferred stock and common stock relates to the order in which shareholders are paid in the event of bankruptcy or other corporate restructuring.
In the event of bankruptcy, stocks hold a relatively low position on assets; shareholders may lose all of their investment to creditors, bondholders and debenture owners.
In the event of bankruptcy, a company's creditors take precedence over the company's stockholders.
All peer to peer lending companies are not FDIC insured, so in a worst case scenario, you could be out some or all of your investment in the event of bankruptcy.
Moreover, even in the event of a bankruptcy, you and your family are protected by law and there are certain possessions that can not be taken from you.
In the event of bankruptcy, types of debt for which a citizen is eligible for discharge are determined by the court, as are specifics such as lien.
In the event of bankruptcy, no discharged debt is taxable, including student loan and mortgage debt.
In the event of bankruptcy, preferred stock investors take precedence over common stockholders, but not bondholders.
In the event of a bankruptcy, bank loans typically have seniority over other debt, so holders are more likely to get their money back.
Preferred shares are equity investments in the sense that they stand behind bond holders in the event of bankruptcy.
«In the event of a bankruptcy, all warranties could be void,» says Emma Borski, spokesperson for the central Ontario Better Business Bureau.
For FDIC - insured custodian banks, FDIC insurance may provide limited protection to a fund's cash deposits in the event of the bankruptcy of such bank.
Also, bondholders get priority in repayment in the event of a bankruptcy.
Once the value of your assets and bankruptcy payments is determined, we must be sure that your consumer proposal offers more than the estimated recoveries for your creditors in the event of bankruptcy.
Also, the fund has a slightly - higher quality bond selection, though the bonds are not senior to other bonds in the event of bankruptcy and of course, the yields don't approach those of junk bond ETFs.
Your exposure to risk is greater than if you held bonds in that company since stockholders are often the last ones to get any substantial repayment in the event of bankruptcy.
The public stands to lose the entire amount of funding if the institution fails, unless the infusions can be provided as a senior claim ahead of bondholders in the event of bankruptcy, and still be counted as «Tier 1 capital» otherwise.
Even in the event of a bankruptcy, bondholders are likely to get at least something out of their corporate bond investment.
A Senior Loan is senior to all unsecured claims against the borrower and senior or equal to all other secured claims, meaning that, in the event of a bankruptcy, the Senior Loan, together with other first lien claims, is entitled to be the first to be repaid out of proceeds of the assets securing the loans, before other existing claims or interests receive repayment
We reserve the right to share or transfer any information we have about you in the event that we sell or transfer all or a portion of our business or assets to a third party or in the event of bankruptcy.
• In connection with a corporate transaction, such as a divestiture, merger, consolidation, or asset sale, or in the unlikely event of bankruptcy.
In the event of a bankruptcy, it's possible that the only assets left to settle debts is the art on the walls, because the value can't be recovered from the people's heads when they leave — I always look at the art in law firms.
Even in the event of a bankruptcy they were able to put a customer on cash only early on then take deductions from all the rebates they would have been earning and whittle their debt down to a fraction of the other creditors that let them run on credit much longer.
Other parties in connection with a company transaction, such as a merger, sale of company assets or shares, reorganization, financing, change of control or acquisition of all or a portion of our business by another company or third party, or in the event of a bankruptcy or related or similar proceedings; and
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