Sentences with phrase «special purpose entities»

In January 2003, the Financial Accounting Standards Board issued Financial Interpretation Number 46 (FIN 46), which introduced tighter regulations regarding the use of those special purpose entities.

Also known as «blank - check» companies, these special purpose entities raise money through IPOs and then search for private assets or operating companies to acquire.

Successfully represented mortgage lender in opposing debtors» plan to treat mortgage loans to separate special purpose entities as if all loans had been made to only a single entity.

In addition, while at the Fraud Section, Mr. Safwat served on several complex securities fraud investigations of individuals and entities in the financial services industry, including matters involving alleged accounting fraud relating to complex derivative instruments and special purpose entities.

Often special purpose entities — established for the purpose of addressing these issues — are created to facilitate the investment by Canadian pension plans.

Some years later, Enron hired Jeffrey Skilling who used accounting loopholes, special purpose entities and poor financial reporting to hide debt that totaled in the billions.

Special purpose entities (SPE) are legal entities chartered by government.

SunPower may just have a different strategy for developing projects on private land, on brownfields, or through special purpose entities to mask their activities.

MBS may also be issued by private issuers, generally originators and investors in mortgage loans, including savings associations, mortgage banks, commercial banks, and special purpose entities (collectively, private lenders).

Do you make an adjustment for Qualified Special Purpose Entities (QSPEs) or Variable Interest Entities?

According to the September 10Q, IKAN does not use off balance sheet arrangements with unconsolidated entities or related parties, nor does it use other forms of off balance sheet arrangements such as special purpose entities and research and development arrangements.

It does not have any transactions, arrangements or other relationships with any special purpose entities established for its benefit.

I was reading a book explaining Special Purpose Entities (SPEs) and an example is used in the book: a firm could sell loans it has made to customers to an SPE that issues bonds to purchase the...

But the special purpose entity created for the production, in tracing the chain of title on «Silence,» became aware of a 2002 agreement that Cecchi Gori had made with an individual named Michael Gordon to write the «Silence» screenplay.

Using grants of up to $ 4,000,000 and a loan of up to $ 5,000,000, 233 West 125th Street Danforth, LLC, a special purpose entity owned by Danforth Development Partners LLC, and its development partners will oversee part of the construction of a mixed - use facility.

It's common that the agreement secures a 100 % interest in the company which owns the underlying property through a bankruptcy remote «special purpose entity» holding company.

An independent director may be appointed as well in order for the special purpose entity to maintain neutrality.

As shown above, Plaza Building Holdings LLC is the special purpose entity which secures a 100 % interest against the borrower, Plaza Building LLC.

3) Immediately establish a Special Purpose Entity («SPE») that will contain upon transfer all of the rights, royalties, milestones and other payments from Emergent Biosolutions («EBS») for the sale of the rPA product candidate, structured such that it could be dividended out to shareholders.

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

Individuals can create a business entity to develop a shared solar project, a Special Purpose Entity (SPE) model.

USB SolarCity Master tenant 2010, LLC $ 14,429,866.00 11/8/10 (75) A special purpose entity formed by SolarCity aggregating multiple California Residential and Non-Residential solar PV installations was awarded a $ 14.4 M grant in November 2010.

SunRun Solar Tenant I, LLC $ 6,726,215.00 10/4/10 (92) A special purpose entity formed this time by SunRun aggregating multiple California Residential solar PV installations was awarded a $ 6.73 M grant in October 2010.

Master Tenant 2008 - C, LLC $ 5,867,136.00 7/23/10 (96) A special purpose entity with a generic name, the Master Tenant 2008 - C, LLC, was awarded a $ 5.87 M grant and appears to have enabled $ 19.6 M of solar PV installations in California.

The Investor will either loan and / or arrange for third - party financing for the acquisition of the like - kind replacement property to the Special Purpose Entity set - up by the Exchange Accommodation Titleholder.

Once the Qualified Exchange Accommodation Agreement has been signed the Investor will assign the Purchase and Sale Agreement and any related escrow instructions or other transactional documents (if any) for the like - kind replacement property to the Special Purpose Entity set - up by the Exchange Accommodation Titleholder in preparation for closing the transaction.

Exchange Accommodation Titleholder forms limited liability company (LLC) or other special purpose entity to acquire title to property.

The Exchange Accommodation Titleholder sets up a single - member limited liability company (LLC) or other special purpose entity to acquire, hold or park title to the relinquished property.

In a synthetic lease, a company sets up a special purpose entity (SPE) to hold title to its property and then leases back the property.

The EAT will purchase and hold or «park» legal title to your replacement property during your Improvement 1031 Exchange transaction through a special purpose entity often referred to as an «SPE.»

The EAT will purchase and hold or «park» legal title to your replacement property during your Build - To - Suit 1031 Exchange transaction through a special purpose entity often referred to as an «SPE.»

We NEVER EVER hold title to multiple clients» real or personal property in the same special purpose entity.

Exeter Reverse 1031 Exchange Services, LLC will set - up a SEPARATE special purpose entity in the form of a separate single member limited liability company that will be used exclusively for your Reverse 1031 Exchange transaction.

Exeter Reverse 1031 Exchange Services, LLC, which serves as your Exchange Accommodation Titleholder or «EAT», will set - up a special purpose entity or «SPE» in the form of a single member limited liability company or SMLLC that will be used exclusively to acquire and hold or «park» title to your replacement property during your Improvement 1031 Exchange.

Not exact matches

It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).

Forging ahead with both its gold and base metal business units with an intent to separate these into special purpose listed entities in the ensuing future.

It's easy to get boggled by the details of corporate scandal - insider loans, stock options, special - purpose entities, mark - to - market, round - tripping.

-- It shall be considered discrimination for purposes of section 202 of this Act and section 504 of the Rehabilitation Act of 1973 (29 U.S.C. 794) for a public entity which operates a fixed route system (other than a system which provides solely commuter bus service) to fail to provide with respect to the operations of its fixed route system, in accordance with this section, paratransit and other special transportation services to individuals with disabilities, including individuals who use wheelchairs, that are sufficient to provide to such individuals a level of service (1) which is comparable to the level of designated public transportation services provided to individuals without disabilities using such system; or (2) in the case of response time, which is comparable, to the extent practicable, to the level of designated public transportation services provided to individuals without disabilities using such system.

The lender may require you to create a «special purpose» or «single purpose» entity (SPE), which temporarily prevents you from diverting the property income and not repaying the loan.

It is a structured note issued by a special purpose company or trust, designed to offer investors par value at maturity unless the referenced entity defaults.

NENG's most recent 10K specifically sets out that it is not party to any special - purpose or off balance sheet entities created for the purpose of raising capital, incurring debt or operating parts of its business that are not consolidated into its financial statements.

IN NO EVENT, INCLUDING BUT NOT LIMITED TO NEGLIGENCE, SHALL DAVID ZWIRNER, ITS AFFILIATES, SUBSIDIARIES OR LICENSORS, OR ANY OF THEIR RESPECTIVE MEMBERS, MANAGERS, DIRECTORS, OFFICERS, EMPLOYEES, AGENT AND CONTRACTORS (COLLECTIVELY, THE «PROTECTED ENTITIES») BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES OF ANY KIND WHATSOEVER, INCLUDING LOST REVENUES OR LOST PROFITS, WHICH MAY OR DOES RESULT FROM THE USE OF, ACCESS TO, OR INABILITY TO USE THE WEBSITE, THE WEBSITE PROPRIETARY CONTENTS, USER INFORMATION, SUBSCRIBER INFORMATION, THE SERVICES, PRODUCTS, INFORMATION AND OTHER MATERIALS ON AND IN AND MADE AVAILABLE THROUGH THE WEBSITE, REGARDLESS OF LEGAL THEORY, WHETHER OR NOT YOU OR DAVID ZWIRNER HAD BEEN ADVISED OF THE POSSIBILITY OR PROBABILITY OF SUCH DAMAGES, AND EVEN IF THE REMEDIES OTHERWISE AVAILABLE FAIL OF THEIR ESSENTIAL PURPOSE.

We regularly are engaged to counsel on private equity funds and their portfolio companies, hedge funds, real estate development entities, joint ventures, master limited partnerships, upstream oil and gas development arrangements, renewable energy project finance and other tax credit partnerships, structured finance special purpose vehicles, cross border partnerships, and operating partnerships used in umbrella partnership real estate investment trust (UPREIT) structures.

(4) the term «false identification document» means a document of a type intended or commonly accepted for the purposes of identification of individuals that --(A) is not issued by or under the authority of a governmental entity or was issued under the authority of a governmental entity but was subsequently altered for purposes of deceit; and (B) appears to be issued by or under the authority of the United States Government, a State, a political subdivision of a State, a sponsoring entity of an event designated by the President as a special event of national significance, a foreign government, a political subdivision of a foreign government, or an international governmental or quasi-governmental organization;

Stellar is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or enPurpose Acquisition Company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or enpurpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

In the final rule, we eliminate the special rules for this category of information and, instead, require covered entities to obtain an authorization for the use or disclosure of protected health information the covered entity creates for the purpose of research that includes treatment of individuals, except as otherwise permitted by § 164.512 (i).

- The general court shall have the power to act in relation to cities and towns, but only by general laws which apply alike to all cities or to all towns, or to all cities and towns, or to a class of not fewer than two, and by special laws enacted (1) on petition filed or approved by the voters of a city or town, or the mayor and city council, or other legislative body, of a city, or the town meeting of a town, with respect to a law relating to that city or town; (2) by a two - thirds vote of each branch of the general court following a recommendation by the governor; (3) to erect and constitute metropolitan or regional entities, embracing any two or more cities or towns or cities and towns, or established with other than existing city or town boundaries, for any general or special public purpose or purposes, and to grant to these entities such powers, privileges and immunities as the general court shall deem necessary or expedient for the regulation and government thereof; or (4) solely for the incorporation or dissolution of cities or towns as corporate entities, alteration of city or town boundaries, and merger or consolidation of cities and towns, or any of these matters.

Meanwhile, FASB reports that it plans to issue proposed guidance relating to special - purpose entities in the second quarter of this year.

In a synthetic lease, a lender typically sets up a special - purpose entity (SPE), which borrows money for a company to build a project or purchase an existing property.