Not exact matches
«While asset monetizations enhance our liquidity, sales
of producing natural gas and oil properties adversely affect the amount
of cash flow we generate and
reduce the amount and
value of collateral available to secure our obligations, both
of which are exacerbated by low natural gas prices..
If the market
value of the security basket does fall below 90 %
of the ETF's NAV, the fund will ask the swap counterparty to pay the prevailing swap
value by posting (or delivering) additional securities to top up the security basket (and thereby increase the
collateral held) back to 100 %
of NAV and thereby at least temporarily
reducing counterparty risk back to zero.
Gain on a full surrender Gain on partial distributions IRA distributions TSA / ORP distributions Correction
of excess contributions to IRAs Conversion
of IRA assets to a Roth IRA Gain on surrender
of Paid Up Additions (PUAs)(Note: Automatic surrender
of PUAs for
Value Pay is not a taxable event) Processing
of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or
Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to
reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to
reduce loan on a MEC Compound
of loan interest on a MEC Gain recognized on lapsed contract with a loan
Collateral assignment on a MEC Non-qualified Annuity (NQA)
Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u)
of the Internal Revenue Code does not apply
The loan - to -
value ratio usually can not exceed 50 percent; if the appraisal indicates that the
value of the art has declined, then the borrower may have to repay a portion
of the loan,
reduce the size
of a revolving credit facility, or pledge additional
collateral to the lender.
That would
reduce the level
of collateral so that it would once again match the
value of the securities which Landsbanki had loaned.