Sentences with phrase «financial failure such»

RECO introduced commission protection insurance approximately 15 years ago to protect Ontario salespersons» commissions in the event of some sort of financial failure such as brokerage bankruptcy, theft, fraud or other misappropriation of funds.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Once you've put such a plan in place, ideally by the time you're in your forties, «the plan should be able to survive everything except major changes in your life, such as the death of a close family member or failure of part of your business,» says Dick Cummins, director of personal financial services in Coopers & Lybrand's New York City office.

Under the 2010 Dodd - Frank Act, which toughened financial regulations in an effort to avoid a repeat of the 2008 crisis, the oversight panel had the power to designate non-bank institutions such as AIG as systemically important financial institutions, meaning that their failure could pose a risk to the entire financial system.

He pointed out that the failure of two or three such institutions would put us in «Lehman Brothers territory,» referring to the investment bank that filed for bankruptcy in September 2008, precipitating the financial crisis.

A technical loan default is when a borrower fails to meet a specific component of their loan compliance such as failure to comply with a non-financial covenant or a failure to deliver reports and financials on time.

One is that they operate in industries with «high - risk» designations, insurance being one such industry, and the other is that the threat of financial failure is present.

Although AIdriven algorithms seek to avoid the failures of rigid instructions - based models of the past — such as those linked to the 1987 «Black Monday» stock market crash or 2010's «Flash Crash» — these models continue to present potential financial, reputational and legal risks for financial services companies.

As far as we can judge at this stage, the rise in household debt does not pose a significant danger of a financial crisis, i.e. the failure of significant financial institutions such as occurred in the early 1990s after the build - up in corporate debt.

«Financial mismanagement in any school is a real cause for concern, and such failures in academy schools create the risk of wider reputational damage to the programme,» the NAO warned.

Previous research has shown that failure to prepare for retirement makes individuals more likely to be depressed and less likely to successfully adapt to the life change; however, planning for retirement has positive outcomes, such as improved psychological well - being, more financial stability and better role adjustment.

My Movie Crashed and Burned: Sure, terrible reviews may be enough to justify a shoddy film's poor performance at the box office, but ever think about how the individuals responsible for such a critical and financial failure must feel?

For now, A.I. has been greeted with no accolades, middling reviews, and a lack of financial success such that it will is considered a failure.

However, Rajan (2009) debates this breaking down of the financial model while underestimating the political, social and economic risks should not have been very much of a surprise while the models relied entirely on hard information and ignored soft control variables such as the incentives of lenders to collect information about borrowers, which was one of the fundamental causes for their failure (Rajan et all., 2009).

According to that review of the non-profit group's financial statements and accounting records numerous concerns emerged such as: non-disclosure of transactions; failure to maintain required reserves; failure to appropriately apply accrual basis of accounting; insufficient monitoring of cash receipts and deposits process; insufficient documentation for disbursements; a lack of control over journal entries, and lack of adequate training for the accounting staff.

Charter school researcher Alison Consoletti (2011) reports that 1,036 charter schools (15 percent of the total number opened since the first school in 1992) have been closed for cause, including 42 percent for financial deficiencies often related to low student enrollment, 24 percent for mismanagement such as administrators» misuse of funds, and 19 percent for failure to meet student academic performance standards.

As such, Source Capital doesn't discriminate based on your income level or previous financial failures.

Financial disturbances arise with some frequency and can have their origins in a number of factors ranging from a geopolitical event such as September 11 to a failure of a specific financial or nonfinancial corFinancial disturbances arise with some frequency and can have their origins in a number of factors ranging from a geopolitical event such as September 11 to a failure of a specific financial or nonfinancial corfinancial or nonfinancial corporation.

Passive income from dividend investing is the focus of this blog, visiting such topics as my approach to dividend investing, my successes, my failures, how dividend income has enhanced my financial security, and my general philosophy about dividend investing and passive income.

default [top] Failure to fulfill an agreed - upon financial obligation, such as making a loan payment.

Never in the recent past has the world seen such a drastic failure in the financial system.

The example below is similar to the one I presented last year in You Can't Rescue the Financial System if You Can't Read a Balance Sheet, but makes allowance for the fact that assets continue to be impaired due to policy failures, and that deposit banks such as Citigroup use more bond financing than investment banks.

Adopting such a resolution regime, together with tougher oversight of large, complex financial firms, would make clear that no institution is «too big to fail» — while ensuring that the costs of failure are borne by owners, managers, creditors and the financial services industry, not by taxpayers.

In the unlikely event of our financial failure, all monies then held by the travel agent or subsequently paid by you to the travel agent will be held by the agent on behalf of and for the benefit of the Trustees of the Air Travel Trust without any obligation on the agent to pay such monies to us.

The heavy hand of the fossil fuel industry works mostly in legal ways such as the «I'm an Energy Voter» campaign in the U.S. Failure of executive and legislative branches to deal with climate change makes it essential for courts, less subject to pressure and bribery from special financial interests, to step in and protect young people, as they did minorities in the case of civil rights.

The research methodology manages to systematically ignore the most critical evidence surrounding the drivers undermining U.S. primacy: such as, the biophysical processes of climate, energy and food disruption behind the Arab Spring; the confluence of military violence, fossil fuel interests and geopolitical alliances behind the rise of ISIS; or the fundamental grievances that have driven a breakdown in trust with governments since the 2008 financial collapse and the ensuing ongoing period of neoliberal economic failure.

«Failure to do so, can have serious financial consequences on the viability of such projects,» the company stated, although «those [underwriters] with large fossil fuel investments would never be our first choice.»

Such technological failures cause system downtime and give rise to serious financial costs.

The Court found a number of deficiencies in the disclosure provided by the franchisor, including failure to provide: (1) the financial statements of the franchisor; (2) the lease or sublease relating to the premises where the franchise operated and an estimate of the costs for such a lease; (3) the Directors» Certificate; and (4) various other agreements relating to the franchise.

The Financial Conduct Authority (FCA) may make rules (under section 404 and sections 404A to 404G of the Financial Services and Markets Act 2000 (FSMA) requiring certain firms to establish and operate a consumer redress scheme in relation to a widespread or regular failure by such firms to comply with requirements applicable to the carrying on by them of any activity.

If the CFL process is not successful for any reason (such as a failure of one of the parties to abide by the terms of the participation agreement or failing to disclose all financial information), resulting in the case proceeding to court, the participating collaborative lawyers will not litigate on behalf of the parties, and new lawyers would be retained for that purpose.

While accepting that financial strains can be relevant to justification, the president took issue (at para 42) with the arguably self - serving way that this had been put forward: «Employers can not automatically justify a failure to eliminate discrimination by allocating the costs of doing so to a particular budget and then declaring that budget exhausted: any such allocation was their own choice, as was the size of the budget, and plainly they can not be permitted definitively to limit the extent of their own obligations by the choices that they make.»

Misleading publicity and financial misconduct such as failure to account, are other examples of fraud.

Some plans also cover trip cancellation associated with transportation delays due to weather, mechanical failure or worker strikes, Financial Default of the transportation provider or tour operator, the traveler's home becoming uninhabitable due to a natural disaster and work issues such as being laid off or having vacation time revoked.

A Critical Illness insurance plan guards you against the financial expenses that occur in the diagnosis of critical diseases such as cancer, heart attack, kidney failure, etc..

ICICI Pru iProtect Smart Life Cover Plan provides financial cover for your family plus covers 34 major illnesses such as Heart Attack, Cancer, Kidney Failure, etc..

In the amended IPO filing, Spotify said their business model is «at risk of artificial manipulation of stream counts and failure to effectively manage and remediate such fraudulent streams could have an adverse impact on our business, operating results, and financial condition.»

In the amended filing, Spotify said their business model is «at risk of artificial manipulation of stream counts and failure to effectively manage and remediate such fraudulent streams could have an adverse impact on our business, operating results, and financial condition.»

The success or failure of a marriage relationship may hinge on how well the couple deals with issues such as financial assets, communication, conflict, parenting, in - laws, leisure time, sexuality, family of origin, spirituality, expectations, and chores.

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained