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.
This collateral (i.e., permissible vehicles investments) may include: (i) match -
funded assets, and, (ii) debt
securities, equity
securities and
other financial instruments issued or guaranteed by the US government or its
agencies, sovereign governments, supra - national entities, corporations, financial institutions and asset - backed or mortgage - backed issuers that are the subject of credit support agreements.
The paper calls for doubling
funding at financial regulatory
agencies, including the
Securities and Exchange Commission, and mandating larger capital reserves at large banks, among
other ideas.
Total federal government expenses consist of four major components: major transfers to persons (old age
security, employment insurance benefits and children's benefits); major transfers to
other levels of government (Canada Health Transfer, Canada Social Transfer, Fiscal arrangements, Alternative payments for standing programs, and Gas Tax
Fund), direct program expenses (
other transfers, Crown corporation expenses, and departmental and
agency operating and capital expenses) and public debt charges.
At least 30 % of the
fund's total assets must be invested in Weekly Liquid Assets, which can consist of cash, direct obligations of the U.S. government such as U.S. Treasury bills, certain
other U.S. government
agency debt that is issued at a discount and matures within 60 days or less, or
securities that will mature or are payable within 5 business days.
He said the State Government would also address
other deficiencies conventional
security agencies faced such as funding, staff strength, capacity and equipment, assuring the Federal Government Agencies of his readiness to sustain support to them in that
agencies faced such as
funding, staff strength, capacity and equipment, assuring the Federal Government
Agencies of his readiness to sustain support to them in that
Agencies of his readiness to sustain support to them in that regard.
Some mutual
funds invest in
securities issued by the U.S. government or
other federal
agencies.
It holds short - term liquid
securities such as money market
funds, U.S. Treasury
securities, government
agency securities or
other equity
securities for liquidity purposes and to cover its obligation to purchase
securities subject to short sales in the future.
Securities (including mutual
funds and variable life insurance), annuities and insurance products are not bank deposits and are not insured by the FDIC or any
other agency of the United States, nor are they obligations of, nor insured or guaranteed by, Chemical Bank, or its affiliates.
Under normal market conditions, the
fund invests at least 80 % of its net assets in U.S. government debt
securities, including U.S. Treasury
securities and
other securities issued or guaranteed by the U.S. government and its
agencies and instrumentalities.
To maintain maximum flexibility, the
securities in which the Income
Fund may invest include corporate debt
securities of issuers in the U.S. and foreign countries, bank debt (including bank loans and participations), government and
agency debt
securities of the U.S. and foreign countries, convertible bonds and
other convertible
securities and equity
securities, including preferred and common stock and interests in REITs.
Under the terms of the Advisory Agreement, each
Fund is responsible for the payment of the following expenses among
others: (a) the fees payable to the Adviser, (b) the fees and expenses of Trustees who are not affiliated persons of the Adviser or Distributor (as defined under the section entitled («The Distributor»)(c) the fees and certain expenses of the Custodian (as defined under the section entitled «Custodian») and Transfer and Dividend Disbursing Agent (as defined under the section entitled «Transfer Agent»), including the cost of maintaining certain required records of the
Fund and of pricing the
Fund's shares, (d) the charges and expenses of legal counsel and independent accountants for the
Fund, (e) brokerage commissions and any issue or transfer taxes chargeable to the
Fund in connection with its
securities transactions, (f) all taxes and corporate fees payable by the
Fund to governmental
agencies, (g) the fees of any trade association of which the
Fund may be a member, (h) the cost of fidelity and liability insurance, (i) the fees and expenses involved in registering and maintaining registration of the
Fund and of shares with the SEC, qualifying its shares under state
securities laws, including the preparation and printing of the
Fund's registration statements and prospectuses for such purposes, (j) all expenses of shareholders and Trustees» meetings (including travel expenses of trustees and officers of the Trust who are not directors,
The $ 5,800 billion that is held by
other government
agencies is debt that was purchased mainly by the social
security trust
fund.
In addition to the normal risks associated with fixed income
securities discussed elsewhere in this SAI and the
fund's prospectus (e.g., interest rate risk and default risk), CDOs carry additional risks including, but not limited to: (i) the possibility that distributions from collateral
securities will not be adequate to make interest or
other payments; (ii) the quality of the collateral may decline in value or default; (iii) the
fund may invest in CDOs that are subordinate to
other classes; (iv) the complex structure of the
security may not be fully understood at the time of investment and may produce disputes with the issuer or unexpected investment results; and (v) credit ratings by major credit rating
agencies may be no indication of the creditworthiness of the
security.