Sentences with phrase «for servicing the debt»

The government is responsible for maintaining the road and for servicing the debt.

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.

If the income for servicing the debt is generated from the purchased property it is not foreign income.

Not exact matches

If you qualify for their services, private lender startups like SoFi offer programs — and deferrals — explicitly to help entrepreneurs start companies despite their debt loads.

This will set off a vicious cycle of higher deficits that lead to higher debt, which in turn will mean higher interest costs and less funding available for healthcare, education and other provincial services.

Generally, this strategy is appropriate for high - net - worth individuals who can afford to service debt.

Carnival was originally a subsidiary of American International Travel Service (AITS), but in 1974, Arison bought Carnival for $ 1, along with $ 5 million in assumed AITS debt.

FLUSH WITH CASH: Leonard Green & Partner will acquire CPA Global, an intellectual services provider, from Cinven for about # 2.4 billion ($ 3.10 billion) including debt.

Kantrowitz would like to see Congress require debt relief services to «clearly and conspicuously disclose in their advertising and on their websites» that borrowers can consolidate their loans on their own for free at StudentLoans.gov.»

Debt servicing costs would rise for the government, too, sparking a budget problem.

Rather than waiting to find out, the central bank opted to make it easier for unemployed oil workers to service their debts.

Sheffield Resources has mandated finance group Taurus to arrange a $ US200 million ($ A255 million) debt facility for development of its Thunderbird mineral sands project, and also named GR Engineering Services as its preferred contractor.

EBITDA does not give effect to the cash that we must use to service our debt or pay our income taxes, and thus does reflect the funds actually available for capital expenditures, dividends or various other purposes.

«That is particularly important given the current business climate, where keeping debt service under control is a priority,» says David Markovchich, director of business development for the Authority.

In 2015, Kindred acquired Gentiva Health Services for $ 1.8 billion, turning it into the biggest U.S. provider of home health and hospice care, but also saddling it with debt.

Lower interest rates, the report noted, could provide some cushion for debt servicing to vulnerable firms with an interest cover between 1 and 1.75 - comprising around 15 percent of the total debt of top 500 listed borrowers in fiscal 2015.

With the new Trudeau government pledging more deficits, public debt and cost to service it appear set to keep growing for the foreseeable future.»

Trump told his supporters that he and they, «owe Clinton a major debt of gratitude for her service to the country.»

«Much of the welfare state concept was always an illusion, one financed by lavish amounts of debt for which present and future taxpayers will pay in the form of higher taxes and reduced services during their lifetimes,» writes University of Calgary lecturer Mark Milke in a recent article.

Considering its strategic orientation of growing through acquisition, ACT has some latitude at the rating for periodically elevated leverage, but we believe that negative rating pressure would emerge if a transaction caused fully adjusted debt to EBITDA to exceed 3.5 x with risky prospects for a return to below 3.0 x. Moreover, the rating would be under pressure if increased competition caused weaker earnings, particularly from merchandise and services, keeping debt to EBITDA above 3x.

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.

The Bank of Canada, for one, has carefully assessed the economic risks of consumer debt in order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.

The Bank for International Settlements singled out Canada for its accelerated growth in credit relative to GDP and for its susceptibility to a sharp rise in debt - service costs.

«They specialise in debt purchase whereas we specialise in fee - for - service work,» Mr John added.

And massive debt service costs could limit the carrier's ability to maintain or raise the dividend on its stock, which is one of the primary attractions for investors.

Moody's Investor Service downgraded Tesla's debt into junk territory back in March, warning at the time that Tesla didn't have cash to cover $ 3.7 billion for normal operations, capital expenses and debt that come due early next year.

«Hillary has worked very long and very hard over a long period of time, and we owe her a major debt of gratitude for her service to our country,» Trump said.

The latter peddle their services to people struggling with debt, but they can charge unrestricted fees for helping consumers obtain new loans into which borrowers can consolidate their debt.

A customer - service rep named Talia Jane, who worked for the company's food delivery arm Eat24, wrote an open letter to Yelp CEO Jeremy Stoppelmann on Friday explaining how she could not afford to pay groceries, had stopped using her heater, spent 80 % of her income on paying rent in San Francisco, and was «balancing all sorts of debt and trying to pave a life for myself that doesn't involve crying in the bathtub every week.»

Of course, often folks using these services for side - income must pay down debt or use the funds to cover other needs.

«It's really a fee for using someone else's money,» explains Todd Christensen, director of education at Debt Reduction Services, a nonprofit debt management and credit counseling organization in Boise, IdDebt Reduction Services, a nonprofit debt management and credit counseling organization in Boise, Iddebt management and credit counseling organization in Boise, Idaho.

Therefore, Debt relief providers will typically charge a fee for services, so be prepared to spend just a little of money for that expert advice and actionable steps to improve your situation!

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.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

After graduating from St. John's University with a bachelor's degree in marketing, he became a sales manager for an environmental services company before shifting gears and becoming a debt collector.

Michael's post seems to have three suppositions: Chinese companies price capital incorrectly; Chinese companies invest in value destroying projects; There is no correcting accounting mechanism in China for these projects as exist in other countries, thusly Chinese GDP inflates «real» growth and debt servicing ability.

And it was very easy for them to do that without opposition, because in the beginning most of the debts that were owed to the palace itself — both in fees for services the palace provided, or the temple provided (the temple was part of the palace economy), or for land rent by sharecroppers, or for the provision of water and agricultural services to the land.

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

Unhedged foreign currency debt, as was prominent in 1997, means that a fall in the currency pushes up debt servicing costs for the government, local corporates and banks, but a rise in interest rates to assist the exchange rate has the same adverse effect.

«Credit - card debt is very likely going to be the most expensive debt that you're ever going to service,» said credit expert John Ulzheimer, who has worked for credit bureau Equifax and FICO, creator of the FICO credit score.

This eliminates direct currency risk for US investors, but raises the possibility that a strengthening dollar or weakening local currency could make the debt harder to service, increasing credit risk.

What passed for Soviet Marxism lacked an understanding of how economic rents and the ensuing high labor costs affected international prices, or how debt service and capital flight affected the currency's exchange rate.

And unemployment means no pricing power for labor, no wages to pay off debts accrued during the bubble, a potential wage of foreclosures and a resulting set off layoffs in the service sector.

The idea was to cut off revenues from the «beast» (i.e., government) and then argue that the resulting deficits were bad for the economy and that government programs and services would have to be cut to eliminate the deficit and stop the debt from increasing.

«Credit - card debt is very likely going to be the most expensive debt that you're ever going to service,» said credit expert John Ulzheimer, who has worked for credit bureau Equifax and FICO, creator of the...

There is nothing a debt consolidation service offers that you couldn't easily do yourself for less or for free.

As debts grow, more income must be paid out as interest and amortization rather than being available for spending on goods and services.

The market for cod is limited, and many of Iceland's quota licences already have been pledged to bankers for loans, whose debt service absorbs much of the export revenue.

The obligatory debt service could be paid for by having 900 or so fewer employees.