Sentences with phrase «further cure period»

Management was unhappy about at having to liquidate carefully accumulated assets at fire sale prices, lenders were getting near the end of their tolerance for further cure period extensions, and erstwhile bondholders were wondering what the heck they were doing holding a penny stock.

Not exact matches

There are two basic categories of salt block cures: partial cures, where the salt draws out a modest amount of moisture and increases the salinity of the food just enough to improve its texture and taste while extending the life of the food; and full cures, were salt is brought into greater contact with the food to draw out more moisture and raise salinity further to create cures that can last long periods of time with proper storage.
Compton was yet further in debt by the time the new credit limit was established, and, with the lender providing extensions to the cure period, by the end of June had $ 30 million to repay to become compliant.
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