Sentences with phrase «taking over all assets»

A Federal High Court sitting in Lagos has ordered the Assets Management Company of Nigeria, AMCON, to take over all assets owned by Silverbird Group, including Silverbird Galleria in Abuja, TV stations and Cinemas in Port Harcourt and Lagos respectively.

Typically, collateral loan agreements let the lender take over the asset if the borrowers fail to repay the debt according to the contract.

Secondly, if the restructuring relates to the financial liabilities of an entity in Oman, commercial mortgages can be taken over the assets of the entity.

ICICI Prudential Life today received an order from IRDAI directing it to take over the assets and policyholder liabilities of Sahara Life Insurance effective July 31 «We are pleased to welcome the new customers to the ICICI Prudential Life family.

Not exact matches

-- Chris Mackey, CEO of MackeyRMS, a research management platform for investment professionals that has taken no outside capital / funding with clients on its platform managing over $ 1 trillion in assets

Taken together, the winners» work is also a kind of composite view of the behavior of markets and assets over time, experts say.

At a time when shoppers can just as easily make purchases online, Walmart stores have to offer a more inviting environment but also take advantage of an asset it has over Amazon: its thousands of stores offer it many pick up locations.

Elder son Victor, 53, will take over a conglomerate that touches the lives of practically everyone in Hong Kong — the family's Power Assets Holdings Ltd. generates their electricity and ParknShop supermarkets sell their groceries.

He lost his, too, after distressed asset specialist Sam Zell took over the Chicago Tribune, and subsequently the Times.

Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.

Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.

Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.

The company has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to slash debt.

But it was the debate over BHP Billiton's ill - fated attempt to acquire Potash Corp. that took «strategic asset» from an occasional buzzword to a full - on verbal tic for some politicians.

The smallest institutions — those with fewer than $ 10 million of assets — have taken the biggest hit over that period.

Grab said it will take over Uber's operations and assets in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Had Trump taken the measures suggested repeatedly by ethics experts on both sides of the political aisle, he would by now have put his assets in what's called a blind trust, which would entail turning over his empire to a third party with whom he will have no contact, who would sell off the properties and reinvest the resulting money in other assets without providing the president any information about the sales or the purchases.

As of June 28, the new News Corp took over the newspaper assets of the old News Corp., which became Twenty - First Century Fox, a global TV / entertainment behemoth.

Maybe our wise and patriotic politicians will start selling off our military assets just like they did with our manufacturing base so they can pay the tsunami of interest on our debt and China will take over as the world's police?

As with Traditional IRA conversions to Roth IRAs, if you are required to take an RMD in the year you roll over into an IRA, you must take it before rolling over your assets.

They eventually were taken over by a Canadian firm (well, the Canadian assets anyway) a few years ago some time after a Veco executive was secretly filmed in a hotel room bribing some Alaska gov» t officials.

For example, a 20 - day moving average takes the value of an asset (such as a stock's price) and gives you the average of each price point over the past 20 days.

But in fact, J.P. Morgan is already willing to take on all of Bear's assets and liabilities, including over $ 75 billion in debt to Bear's bondholders, for $ 2 a share.

«With their own sizable investment portfolios, most public companies could use their power as shareholders to urge public companies and asset managers to take a relentlessly long - term focus... That may mean using performance benchmarks over three -, five - and even 10 - year periods, in addition to shorter period benchmarks.»

This form of investment is appropriate for those instances when the investor believes he understands which path the trading assets price will take, but is not sure of the amount of change there will be in the price and over what length of time.

Generally, from a tax perspective, it is more favorable for participants to roll over their retirement plan assets to an IRA or new employer - sponsored plan rather than take a lump - sum distribution.

Other lenders may take your loan application and gather your income and asset documents, but then turn everything over to another location.

Taking the cost of the equipment as an immediate expense deduction allows the business to get an immediate break on their tax burden whereas capitalizing then depreciating the asset allows for smaller deductions to be taken over a longer period of time.

If cryptocurrencies were to be branded as the most recent addition to the existing financial instruments, they would effortlessly take over the podium as the best - performing asset class in 2017.

In the case of default by the project operator, the lenders may take control over the collection of revenue, or may seize the assets specifically pledged or others pledged as additional collateral.

Instead, they often spread their wealth out over a variety of different investments so they don't take as much of a hit if one asset loses value.

In theory, the concept seems simple — you spread your investment capital over a sufficient number of securities, and in enough asset classes, that you avoid taking a complete bath when the market declines.

It was the promise of Blockchain that drew her in; creating a more open world, leveling the playing field, giving people more control and freedom over their information, assets, and livelihoods, and the opportunity to take part in something that has the potential to change the world.

Currency could be a consideration for US - based assets but even here I take the position that it is impossible to tell how rates will vary over 10 + years.

There can be no guarantees of future success, but both of these biotechs have what it takes to produce market - thumping gains over the long run: exciting assets to develop and plenty of resources to do it with.

The mobile app lets you take advantage of every trading opportunity as it is packed with a variety of popular features that include; access to over 100 tradable assets, fast deposits and withdrawals methods, real - time trading modules and a great customer service support system.

«If the international majors were looking at taking out of their portfolio any assets over the next 25 years, those are the ones they will take out.»

On the other hand, if there are not enough assets in the estate to fulfill the debt obligations and if no heir can take over, then there is not much else that can be done.

This week bitcoin cash (BCH) prices touched a low of $ 850 per coin, after following suit with the majority of other digital assets taking losses over the past five days.

Foster's, which was taken over by SABMiller in 2012, spent up big on wine assets in the United States in 2001 with the acquisition of Beringer but made big writedowns over the next decade.

«I'll be there again [this] week, back in Australia, and sort of recapping with the dairy farmers, how things — how life for us has evolved since we've taken over the [WCB] assets.

He got to take over a team with Embiid, a # 1 pick with an obvious choice (Simmons), multiple young, cheap, quality assets, a handful of upcoming lottery picks, and a boatload of cap space.

To be fair to Silent Stan, this happened before he took over, this happened when the old board hired Gazidis for their payday and Silent Stan has been happy with his asset increasing in value year after year so why would he change that?

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!!!

@Gooneristic Truth Stan is into» takeovers» And take overs are all about acquiring a business, stripping it down and selling off it's assets.

But one player that stood out to De Boer, ready to take over Luis Suarez, who soon left for Liverpool in January, as the club's most prized asset, was Christian Eriksen.

The Asset Management Corporation of Nigeria has taken over Odengene Air - Shuttle Services Helicopters in Lagos following a court order.

It may be pertinent to mention that the book value of the power plant which is currently estimated at USD 325 million after five (5) years, with a life cycle of around 15 -20 years, will be handed over to the Government as a debt free asset which can be used to leverage and raise financing as a collateral or else the Government may choose to sell the operating asset to any investor who may not like to take any development risk, hence the plant being operational and in its best conditions.

A PPP IPC will require the private agent to take full responsibility for the performance of the asset over a long term, so that efficiencies arising from long term investment and asset management could be realised.

Understandably, Obama's campaign staff became uncomfortable with such a valuable asset being controlled by a volunteer and decided to take it over.