Sentences with phrase «required asset sales»

In the event of required asset sales, substantial capital gains taxes could be incurred.

Not exact matches

VANCOUVER — Louisiana - Pacific Corp. has called off its US$ 1.1 - billion deal to buy Ainsworth Lumber Co. Ltd. (TSX: ANS) after regulators required significant asset sales, the companies said Wednesday.
If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.
If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.
Empowering your sales team to drive opportunities socially requires your team to be able to link marketing assets, drive opportunities through a conversion funnel and measure a buyer's behavior.
The Company prepares its consolidated financial statements in conformity with generally accepted accounting principles in the United States of America («GAAP»), which requires it to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of sales and expenses during the reporting period.
As opposed to typical collateral like your business property or personal assets, limited collateral typically requires you put down a percentage of your future sales in case you default on your loan.
These funds may continue to seek to maintain a stable $ 1.00 net asset value (NAV), but are subject to potential liquidity fees and redemption gates (i.e., the fund may impose a fee upon the sale of your shares, or may temporarily suspend your ability to sell shares, if the fund's liquidity falls below required minimums because of market conditions or other factors).
Last week the Federal Antimonopoly Service required Russian Railways (RZD) to provide a plan of non-core assets sales, something that included Lokomotiv Moscow, who are currently ranked second in the Russian Premier League.
Before a lender signs off on a short sale, it requires proof that the borrower doesn't have any other assets — even retirement accounts.
A decline in value of the securities that are purchased on margin (or a rise in value of the securities sold short) may require you to provide additional funds to the account to avoid the forced sale or buy - back of those securities or other assets in your account.
Taxpayers are required to report the sale of capital assets on their Form 1040 individual income tax returns using Schedule D. Financial institutions provide some help by reporting the transaction to both investors and to the IRS.
Under the new changes, the IRS will require all brokerages and fund companies to track the purchase and sale price of these assets.
ASC 820 «Fair Value Measurements and Disclosures» defines fair value as the price that would be received upon the sale of an asset or paid upon the transfer of a liability (i.e., the «exit price») in an orderly transaction between market participants at the measurement date and establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available.»
Additionally, Chapter 13 bankruptcy doesn't require the sale of the individual's assets to pay off the creditors.
The increase in capital required to fund the sale of the additional bonds inevitably comes from other asset classes, resulting in an increase in the rate of return for all assets across the risk curve as investors sell other assets to re-weight their mix of holdings toward bonds.
In addition, our certificate of incorporation requires the affirmative vote of two - thirds of the shares outstanding to approve a business combination such as a merger or sale of all or substantially all assets.
-- At the outset, Altas NAV is minimal, and may remain unchanged for quite some time to come — i.e. substantial NAV write - ups will prob require actual asset collection / sales and / or the settlement / elimination of liabilities.
Many conventional mortgages do not allow that, requiring down payment to come from a borrowers» savings or other assets, such as proceeds from the sale of another home.
With this change selling approach, footnote 6 of Reading's 10 - Q for Q2 disclosed an accounting reclassification of the Burwood property from a «current asset - held for sale» back into a long - term asset that was required by GAAP because too much time had passed without an acceptable firm commitment from a buyer.
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.
GFS also provides the Funds with accounting services, including: (i) daily computation of net asset value; (ii) maintenance of security ledgers and books and records as required by the 1940 Act; (iii) production of a Fund's listing of portfolio securities and general ledger reports; (iv) reconciliation of accounting records; (v) calculation of yield and total return for a Fund; (vi) maintenance of certain books and records described in Rule 31a - 1 under the 1940 Act, and reconciliation of account information and balances among the Funds» custodian and Adviser; and (vii) monitoring and evaluation of daily income and expense accruals, and sales and redemptions of shares of the Funds.
To the extent a Fund sells securities short, it will provide collateral to the broker - dealer and (except in the case of short sales «against the box») will maintain additional asset coverage in the form of cash, U.S. government securities or other liquid securities with its custodian in a segregated account in an amount at least equal to the difference between the current market value of the securities sold short and any amounts required to be deposited as collateral with the selling broker.
It's possible that the 401 (k) management company required the sale before transfer, or this fund wasn't in our current asset asset allocation plan.
An asset sale will require additional documentation of the assets being transferred over at fair market value and non-arm's length.
Vigilance is required because the means for these and other criminal activities may be transactions for which lawyers commonly provide services such as: establishing, purchasing or selling business entities; arranging financing for the purchase or sale or operation of business entities; arranging financing for the purchase or sale of business assets; and purchasing and selling real estate.
To date, using cryptocurrencies requires (effectively) a simultaneous asset sale and purchase of goods or services.»
A real estate licence is not required where the sale of a business by assets does not include a real estate component.
Fannie Mae gets to take the property back into their asset column, cook their books some more and then offer the property up for sale through their Homepath program which guess what!!!! DOES NOT REQUIRE AN APPRAISAL!!!!!!
Each property for sale has a required bid deposit that you must submit in order to have your bid on the asset considered valid.
In addition to what has been previously stated in this privacy policy, we may disclose the information Web users or clients provide us as follows: as required by law, for example, in response to a subpoena or search warrant; to outside auditors who have agreed to keep the information strictly confidential; to a successor organization in the event of a merger, acquisition, bankruptcy, or other sale or disposition of all or a portion of Buyers Brokers Only LLC's assets.
The sale of a business by assets that includes a real estate component (i.e., includes the sale or lease of real property, including an assignment of a lease) is an activity that requires a real estate licence.
This advice would also be applicable if licensees are involved in the sale of a business that initially involves the sale of assets with a real estate component which would require a real estate licence but subsequently changes to the sale of less than 100 % of the shares of the corporation owning the real estate which would not require a real estate licence.
You get to list and buy a property from who ever I bought 9 properties by selling 2 properties and delayed the taxes Note: recorded in 2017 prior to 2018 tax changes a 1031 exchange avoids capital gain and depreciation recapture Drawbacks — you have to time the sale and purchase of the new asset In a sellers market you can get a good price but have trouble finding a good asset 45 day rule — you have this time period begins at the close of escrow of the first property you have to identify a list of property that they would possibly close on 180 day rule — you have this time period begins at the close of escrow of the first property you have to close on the replacement property Try to line up inventory in the pipeline Delaware Statutory Trust — you close on relinquished property and park the money goes into the exchange account with intermediary Reverse exchange — alleviates selling property and not finding anything — you can take all the time in the world to acquire the property and then sell your relinquished property, the problem is that it is costly, qualified intermediary else closes the new property, required cash to purchase new property and possibly need a L1 environmental Section 721 — donate real estate to partnership interest And exotic exchange ideas
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