As the name implies, personal umbrella insurance provides an «umbrella»
of additional liability insurance coverage, above and in addition to all of one's current insurance.
If you are considering the purchase
of additional liability insurance, you may be wondering how to compare umbrella insurance policies from more than one company.
This type
of additional liability coverage will protect you if your liability were ever to exceed your limit.
Provides high limits
of additional liability coverage above the limits of your homeowners and auto policy.
If you are considering the purchase
of additional liability insurance, you may be wondering how to compare umbrella insurance policies from more than one company.
In July 2014 in Coventry v Lawrence [2014] UKSC 46, [2014] 4 All ER 517, the President of the Supreme Court recognised that a decision that recoverability was illegal would have «very serious consequences for the government» which may have to repay
all of the additional liabilities paid by losing parties whose human rights had been breached.
His condemnation of «grotesque» costs generated by allowing the recovery
of additional liabilities stood out.
The fundamental reforms are the ending of recoverability
of additional liabilities, the legitimisation of damages - based agreements in litigation (aka contingency fees), an enhanced Pt 36 reward scheme and the banning of referral fees.
He successfully represented the claimant in Miller v ANL [2017] UKSC 33 in which the attempt by various newspapers to strike down the recoverability
of additional liabilities in publication cases failed.
So, the issue is not the conventional one of quantum but whether there is any right whatsoever to extract a penny by way
of additional liabilities.
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.
That quick clarification
of the true
liability, backed by an
additional statement from the White House, sent the stock back up within hours.
In addition, our business may be impacted by the adoption
of new tax legislation or exposure to
additional tax
liabilities.
«State attorneys general told five
of the nation's largest banks on Tuesday they face a potential
liability of at least $ 17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices» a «figure [that] doesn't cover
additional billions
of dollars in potential claims from federal agencies,» the Wall Street Journal reported on Wednesday.
«The Treasury Department estimates that the Administration's tax cut proposals would (1) increase tax receipts from the AMT by $ 262 billion over the 2002 - 2011 period, and (2) increase the number
of taxpayers in 2011 who have
additional tax
liability because
of the AMT from 20.4 million to 34.7 million.»
Or, as pointed out by the federal environment minister McKenna in a letter Thursday to B.C. environment Minister George Heyman, that Canada already has a mountain
of regulation to ensure a world - leading regime to transport oil and products, including: the Railway Safety Act, the Pipeline Safety Act, the National Energy Board Act, the Canada Shipping Act, 2001, the Marine
Liability Act, the Fisheries Act, the Canadian Environmental Protection Act, 1999, and that Ottawa has pledged to spend an
additional $ 1.5 billion to protect its coasts and marine environment.
on a pro forma basis, giving effect to (i) the automatic conversion
of all
of our outstanding shares
of convertible preferred stock other than Series FP preferred stock into shares
of Class B common stock and the conversion
of Series FP preferred stock into shares
of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current
liabilities and an equivalent decrease in
additional paid - in capital
of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue shares
of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million shares
of Class A common stock and 5.5 million shares
of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion
of all
of our outstanding shares
of convertible preferred stock other than Series FP preferred stock into shares
of Class B common stock and the conversion
of Series FP preferred stock into shares
of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current
liabilities and an equivalent decrease in
additional paid - in capital
of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue shares
of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million shares
of Class A common stock and 5.5 million shares
of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
In addition, the pro forma stockholders» equity assumes the reclassification
of the redeemable convertible preferred stock warrant
liability to
additional paid - in capital upon a qualifying IPO
of the Company's common stock, assuming the redeemable convertible preferred stock warrants automatically become common stock warrants that are classified as equity and are not subject to remeasurement.
We expect that the New Credit Facility will contain a number
of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur
additional debt; incur
additional liens and contingent
liabilities; sell or dispose
of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line
of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases
of management equity); engage in transactions with affiliates; and make investments.
The pro forma column reflects (a) the redesignation
of our outstanding common stock as Class B common stock in 2015, (b) the automatic conversion
of all shares
of our convertible preferred stock outstanding as
of March 31, 2015 into shares
of our Class B common stock, (c) the automatic conversion
of the convertible preferred stock warrants to Class B common stock warrants, and the resulting remeasurement and assumed reclassification
of the redeemable convertible preferred stock warrant
liability to
additional paid - in capital, and (d) the filing and effectiveness
of our restated certificate
of incorporation.
Upon closing
of this offering, we will record $ million as an increase to the
liabilities due to existing owners under certain
of the TRAs, see «Notes to Unaudited Pro Forma Consolidated Balance Sheets,» and in the future we may record
additional amounts as
additional liabilities due to existing owners under the five TRAs, such amounts collectively representing our estimate
of our requirement to pay approximately 85 %
of the estimated realizable tax benefit resulting from (i) any existing tax attributes associated with interests in Desert Newco, LLC acquired in the Reorganization Transactions and the exchanges described above, the benefit
of which is allocable to us as a result
of the same, (ii) the increase in the tax basis
of tangible and intangible assets
of Desert Newco, LLC resulting from the exchanges as described above and (iii) certain other tax benefits related to entering into the TRAs, including tax benefits related to imputed interest and tax benefits attributable to payments under the
New accounting rules are likely to show that public pension plans could face hundreds
of billions
of dollars in
additional liabilities, putting new pressure on state and local governments to act.
In fact, many
of the
additional coverage types we'll discuss below can not be purchased without general
liability already in place.
You should know that Limited partners are only accountable for losses tied to their individual investment while general partners take care
of any
additional losses within the fund and
liabilities to the larger market.
Student credit cards offer a number
of benefits, among which
additional protection in the form
of zero fraud
liability, miles, cashback points and other incentives, and lower credit limits.
For
additional insight from Plaze, see «Stroock Seminar Identifies Five Strategies for Mitigating the Risk
of Supervisory
Liability for Hedge Fund Manager CCOs,» The Hedge Fund Law Report, Vol.
An
additional factor cited was the fact that 50 percent
of Cook County's tax base is located in Chicago, which just suffered its recent triple - notch downgrade due to massive pension
liabilities.
These are serious powers which HMRC should arguably be making greater use
of, and we are unconvinced that this
additional «strict
liability» offence is justified.»
Topics during the Q&A portion
of his press conference included the looming discontinuance
of the Rockaway ferry, a broad consideration
of his earlier statement about «righting greater wrongs,» what happened to government funding for a ferry obtained by Anthony Weiner and Joe Addabbo, whether there is any City effort to «track down scammers» in the Build it Back program, how satisfied de Blasio is with the pace
of Build it Back, whether an updated evacuation plan is contemplated in conjunction with increasing the housing supply in Rockaway and a government memo reported by The Wave which stated that more money was available from FEMA than publicly acknowledged and that such
additional funding could be a political
liability.
Business Conf's LTD, Ticonderoga Ventures, Inc. and those involved with the preparation / implementation
of the convention assumes no
liability for non-refundable transportation costs, hotel accommodations or
additional costs incurred by registrants.
LTD, Ticonderoga Ventures, Inc. and those involved with the preparation / implementation
of the convention assumes no
liability for non-refundable transportation costs, hotel accommodations or
additional costs incurred by registrants.
Internet Biz Conferences LTD, Ticonderoga Ventures, Inc. and those involved with the preparation / implementation
of the convention assumes no
liability for non-refundable transportation costs, hotel accommodations or
additional costs incurred by registrants.
Conf's L.T.D., Ticonderoga Ventures, Inc. and those involved with the preparation / implementation
of the convention assumes no
liability for non-refundable transportation costs, hotel accommodations or
additional costs incurred by registrants.
The new plan does not get rid
of the existing unfunded
liability, but the cash balance plan would ensure the state did not accrue any
additional unfunded
liabilities that would eat further into discretionary education budgets.
The pension system, with $ 150 million in unfunded
liabilities, has just learned that it must come up with somewhere between $ 7 million and $ 10.5 million in
additional dollars because retirees are entitled to some
of the raises ordered by the court.
Certificate
of Liability Insurance in the amount
of $ 1 Million showing Aurora Public Schools as an
additional insured has been provided to the Facilities Rental Office.
However, an
additional decade and a half
of pension underfunding, faulty actuarial assumptions, and extra benefits for workers have driven the system's unfunded
liabilities sky - high.
On the morning
of June 15, we'll host a «New Board Member Boot Camp,» and provide
additional trainings on Utah's Open and Public Meetings Law, financial reports and avoiding
liability trouble.
Once submissions have been received, the Department may request
additional information, including supporting documentation, more detailed contact information, releases
of liability, and statements
of authenticity to guarantee the originality
of the work.
Additional HLDI analyses
of City Safety, Volvo's standard low - speed collision avoidance system, found that claims under property damage
liability were filed 16 percent less often for S60 sedans than other midsize luxury cars.
Clients should be aware that changes in the selection
of portfolios and models by ML Wealth's investment management service may result in the sale
of their existing holdings and may subject them to
additional tax
liability.
Homeowners insurance policies can provide coverage for damage to your home's physical structure (Dwelling coverage); damage to other structures like a garage or shed (Other Structures coverage); your personal belongings — whether in your home or elsewhere (Personal Property coverage);
additional living expenses if necessary in the event
of a covered loss (Loss
of Use coverage); and your personal
liability in the event someone is injured or their property is damaged by you or a family member (Liability c
liability in the event someone is injured or their property is damaged by you or a family member (
Liability c
Liability coverage).
A slow rise
of interest rates in the US, as smaller foreign central banks decide that they have better opportunities elsewhere, and stop buying
additional US dollar - denominated
liabilities.
The exact wording is below: «Upon thirty (30) days written notice to Resident, Landlord may alter rental payment to cover
additional costs in operating the premises incurred by Landlord because
of any increase in ad valorem property taxes, charges for the electricity, heating fuel, and water consumed at the property, or increases in premiums paid for
liability, fire or worker compensation insurance.
An
additional million dollars
of liability coverage might cost you just $ 150 a year in many cases, so it's well worth having.
Still, the Fed also earns an interest spread between its assets and its
liabilities, providing about 3 % annually (as a percentage
of assets) in excess interest to eat through, which would allow a further 50 basis point rise in interest rates over a 12 - month period without wiping out that
additional cushion.
This insurance provides
additional liability coverage above the limits
of your homeowners, auto and other insurance policies.
The SDRRSP route also provided investors the opportunity to generate an income tax deduction and there's the added bonus
of not having to worry about imputed interest creating
additional tax
liability.
They have an appendix on saving on taxes which is valuable, but if I had been in their shoes, I would have described
additional strategies to lower tax
liabilities off
of both capital gains and losses.