Sentences with phrase «on securing the assets»

WHEN Tasmanian forestry products heavyweight Gunns missed out on securing the assets of defunct agribusiness company Timbercorp, those vying for assets of another failed timber company knew they were in trouble.

This is a calculation used to evaluate risk on secured assets, typically a home mortgage.

Not exact matches

The finance minister of Saudi Arabia has sought to reassure investors that the kingdom is a secure place to invest following a crackdown on corruption in the country that saw individuals imprisoned and assets handed over to the government.

Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.

In addition to the difficulty that many potential business owners face in accessing capital, aboriginal people have unique challenges to securing financing including legislation prohibiting the use of on - reserve assets as collateral, lack of local financial institutions to work with, and lack of access to angel investment or venture capital.

«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.

The bank sought to fill the gap with a $ 200,000 SBA loan, something Wald wanted to avoid at all costs, recalling the consequences of the $ 30,000 SBA loan he'd received in 1996 (and since paid off): NetForce had trouble securing the kind of financing it needed because the SBA had taken a blanket lien on all the company's assets.

These loans are generally secured, on a first - priority status, by a company's assets.

He knew he was on to something when billionaire Clay Riddell offered to put up personal assets to help secure a $ 75 - million bank loan to capitalize the company.

There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).

Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.

They will likely require a general lien on business assets and a personal guarantee to secure the loan during the loan term.

Some lenders, including many online lenders, don't require specific collateral, but rather require a general lien on your business assets (without valuing those business assets) and a personal guarantee to secure the loan.

That is, their net new spending on housing assets has exceeded their borrowing secured over housing.

Many lenders today don't require specific forms or types of collateral, but will rather apply a general lien on business assets and a personal guarantee to secure the loan — making it possible for many businesses without specific types of collateral to qualify.

By enabling decentralized user accounts built entirely on blockchain technology, and by using the Colored Coins protocol, users can exchange and secure their assets without having to trust a third - party.

In addition, once a secured debt obligation is paid off, you should request immediately that the lender terminate the lien on said asset (s) through the filing of a UCC - 3 form.

12) To better secure each News Company's rights under this guarantee and Indemnity, each guarantor agrees to charge the interest they have either solely or jointly or as tenants in common in any real estate and personal assets, and each guarantor acknowledges a News Company's right pursuant to the security hereby given lodge a caveat on any real estate in which they have such as interest and each guarantor agrees to execute a mortgage in favour of any News Company upon request by a News Company and do or cause to be done all such things as are necessary to give effect to the security hereby given.

Jackson on Monday said she was inclined to release the men from home confinement once they work out a deal to disclose assets and secure a bond package for their release.

MEW and Kyber hope to boost digital asset conversion on the Ethereum community by providing the most secure and most effective means to change ETH for ERC20 tokens.

First, RadioShack was party to a $ 585 million 2013 asset - based credit facility secured by a first priority lien on current assets, and a second priority lien on certain non-current assets (2013 credit agreement).

We chose Litecoin after a long and thorough research process to determine the asset class that met our criterion: secure, safe, scalable on - chain and off - chain, low mining fees, and preferably with adherence to the published Bitcoin core roadmap.

We are experts in and focused on helping people efficiently use their assets (decumulation) to achieve a secure income, SO THAT they can pursue their dreams.

For corporate services, the company offers technical implants, IT assets audit, network security, consultation on IT upgrade and securing of IT assets.

NVIS is the use token on a global network for ad - hoc contracts with ultra secure, interconnected and untraceable nodes to provide the best privacy and asset protection from theft.

All funds on the platform are secured by multi-signature wallets, as well as having all cryptocurrency assets insured against potential cyberattacks.

A secured loan backed by a car or house typically is cheaper, but you can lose the asset if you default on paying it back.

Hot on the heels of securing a $ 1 billion deal for Accolade Wines, buyout firm CHAMP Private Equity is advancing sale plans for another asset.

It sadly is Sue, we have a divided fan base, an majority shareholder who is (in my opinion) using our clubs assets to secure lending on his other sporting investments, a board who quite frankly see us fans as customers rather than supporters as shown by the chairman's AGMs performance, players who aren't signing new contracts, if you cut Ian Wright and others open you'd see cannons in their blood with some of our players now you'd find image rights and pound signs.

The newly - crowned Premier League champions had been confident of securing the signature of Griezmann in the summer after taking advice from super-agent Jorge Mendes, but Atletico are determined to hold on to their prized asset.

Although it will be incredibly difficult to ever match his contributions on the pitch, it's vitally important for a former club legend, like Henry, to publicly address his concerns regarding the direction of this club... regardless of those who still feel that Henry has some sort of agenda due to the backlash he received following earlier comments he made on air regarding Arsenal, he has an intimate understanding of the game, he knows the fans are being hosed and he feels some sense of obligation, both professionally and personally, to tell it like he sees it... much like I've continually expressed over the last couple months, this team isn't evolving under this current ownership / management team... instead we are currently experiencing a «stagnant» phase in our club's storied history... a fact that can't be hidden by simply changing the formation or bringing in one or two individuals... this team needs fundamental change in the way it conducts business both on and off the pitch or it will continue to slowly devolve into a second tier club... regardless of the euphoria surrounding our escape act on Friday evening, as it stands, this club is more likely to be fighting for a Europa League spot for the foreseeable future than a top 4 finish... we can't hope for the failures of others to secure our place in the top 4, we need to be the manufacturers of our own success by doing whatever is necessary to evolve as an organization... if Wenger, Gazidis and Kroenke can't take the necessary steps following the debacle they manufactured last season, their removal is imperative for our future success... unfortunately, I strongly believe that either they don't know how to proceed in the present economic climate or they are unwilling to do whatever it takes to turn this ship around... just look at the current state of our squad, none of our world class players are under contract beyond this season, we have a ridiculous wage bill considering the results, we can't sell our deadwood because we've mismanaged our personnel decisions and contractual obligations, we haven't properly cultivated our younger talent and we might have become one of the worst clubs ever when it comes to way we handle our transfer business, which under Dein was one of our greatest assets... it's time to get things right!!!

* Cites «changes in market» for its ground beef products * Lists assets of $ 219 million, debt of $ 197 million * Has secured $ 56 million in DIP financing April 2 (Reuters)- Ground beef processor AFA Foods filed for bankruptcy protection on Monday and said it plans to sell some or all of its assets, citing the impact of media coverage related to a meat filler critics have dubbed «pink slime.»

Our pledges to put a weekly cap on costs and protect # 100,000 of assets for those in residential care, and our commitment to treble free childcare, further demonstrate how Welsh Conservatives are ready to secure real change, and deliver opportunities, for all people in Wales.

The Nigerian National Petroleum Corporation on Sunday said it had opened 577 bids submitted by firms seeking to secure the insurance renewal contract for the corporation's oil and non-oil assets.

That the Parliament recognises that contract research staff in Scotland's universities and research institutes are one of the most significant assets in Scotland's knowledge economy; notes that more than 90 % of such staff are employed on insecure fixed term contracts, resulting in a systematic failure to properly exploit our science and social science base to the benefit of the Scottish economy and society; further notes that this highly educated human resource, comprising graduate, postgraduate and postdoctoral level workers, is subject to constant wastage, to the detriment of Scotland's universities and economic potential; and believes that the Scottish Executive should act with clarity, urgency and determination to secure a complete overhaul of the management of the contract research workforce with a view to eliminating the current insecurity and wastage and establishing a radical new approach in partnership with higher education employers and representatives of the research staff.

Under the current rules, academy trusts must seek EFA approval for borrowing from any source, where such borrowing is to be repaid from grant monies or secured on assets funded by grant monies.

On the whole, university loans are of a traditional mortgage nature, with funds secured against assets although there have been instances of more complex arrangements including debentures and securitisation of residential income streams.

The problem with this strategy, though convincing in theory, is that there is little incentive for the heads to do so on the current model, which provides inadequate capital for the development of such arrangements, and constrains these trusts in important ways from attracting and deploying the resources necessary for sustainable school improvement, such as constraints on the pooling of General Annual Grant funding, accumulation of surpluses, borrowing (whether secured against assets or on funding agreements), deployment of capital, and acquisition and disposal of fixed assets — all inhibit chains from deploying resources where they are needed most.

On the strength of our collective bargaining power, eBOUND has secured the services of Ingram CoreSource, one of the world's top Digital Asset Management (DAM) systems.

On the other hand, a secured bond is a bond in which specific assets are pledged to bondholders if the company can not repay the obligation.

Since a HECM reverse mortgage is a non-recourse loan and it is secured by placing a lien on your home, you are protected from having any of your other assets taken as repayment for the loan.

While covered bonds are secured by a pool of assets, there is no guarantee that the cover pool will adequately or fully compensate investors in the event that an issuer defaults on its payment obligations.

If you're considering taking on a loan secured by a personal asset, it's important to understand how collateral works.

In contrast to a secured loan, if you take out an unsecured loan the lender will have no claim on your financial assets if you don't keep up repayments.

The maximum amount that you can borrow from secured loans depends on the asset's value you present as collateral as well as your credit history.

Interest coverage of 1.7 times cash flow is very low, and akin to what one gets on CCC - rated debt, except that the loans are typically secured by the assets of the company, which lessens the severity level of defaults.

A debt consolidation loan can take the form of a second mortgage on your home (also called a home equity loan), a line of credit or a bank loan secured by some other asset or guaranteed by a family member or friend.

Secured Business loans on the other hand do require collateral but they have lower interest rates and longer repayment programs since the lender doesn't have to worry because he can always claim his money by taking legal actions to repossess the asset guaranteeing the loan.

Secured short - term loans often refer to payday or title loans because they involve issuing cash using an existing personal asset such as a paycheck or the title on a car.

The loan is secured by a lien on the home, but no assets other than the home may be used to repay the debt.