The sum of several third and fourth order effects are overtaking a second to
third order effect.
BTW, with the radiation imbalance at 0.5 + / - a touch, the entire increase of CO2 forcing per doubling at 1 % of total, second and
third order effect are a real possibility.
As another example; when you put a light bulb inside an optical integrating sphere you can observe
a third order effect known as «self absorption».
A Rational Man: And what about the unknowable second order effects, or
third order effects, or x order effects?
Changes in matter status can have financial second and
third order effects the business needs to know immediately.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the
effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the
effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the
effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other
third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced
orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the
effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the
effect of changes in tax law, such as the
effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the
effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«Trade wars create a lot of casualties among innocent bystanders, and there are direct
order effects as well as second and
third -
order effects.»
It is more difficult to predict how the second - and
third -
order effects of economic uncertainty and geopolitical risk may affect supply and demand fundamentals and, therefore, price.
And people underestimate the ferocity of bear markets, because they can't see second and
third -
order effects.
I believe much of the recent market volatility really results from the second - and
third -
order effects of lower commodity prices.
In a pair of articles written some years ago («The Holy Trinity as a Community of Divine Persons,» Heythrop Journal 15 [1974], 166 -82,257-70), I endorsed the argument of the medieval theologian, Richard of Saint Victor, to the
effect that two persons in love with one another need a
third person whom they mutually love, precisely in
order to achieve the fullness of love for one another.
The timeline in Animaker consists of three different lines, one for the objects added, in
order to edit the time of their appearance, a second for a camera zoom - in and out
effect, and the
third one for the sound.
Risks and uncertainties include without limitation the
effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company's products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the
effect that product introductions and transitions, changes in product pricing or mix, and / or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need to
order or commit to
order product components in advance of customer
orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the
effect that the Company's dependency on manufacturing and logistics services provided by
third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company's international operations; the Company's reliance on
third - party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company's dependency on the performance of distributors, carriers and other resellers of the Company's products; the
effect that product and service quality problems could have on the Company's sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings.
Third -
order effects move onto suppliers, investment banks and the rating agencies.
In both instances, these services or products may include: company financial data and economic data (e.g., unemployment, inflation rates and GDP figures), stock quotes, last sale prices and trading volumes, research reports analyzing the performance of a particular company or stock, narrowly distributed trade magazines or technical journals covering specific industries, products, or issuers, seminars or conferences registration fees which provide substantive content relating to eligible research, quantitative analytical software and software that provides analyses of securities portfolios, trading strategies and pre / post trade analytics, discussions with research analysts or meetings with corporate executives which provide a means of obtaining oral advice on securities, markets or particular issuers, short - term custody related to
effecting particular transactions and clearance and settlement of those trades, lines between the broker - dealer and
order management systems operated by a
third party vendor, dedicated lines between the broker - dealer and the investment adviser's
order management system, dedicated lines providing direct dial - up service between the investment adviser and the trading desk at the broker - dealer, message services used to transmit
orders to broker - dealers for execution, electronic communication of allocation instructions between institutions and broker - dealers, comparison services required by the SEC or another regulator (e.g., use of electronic confirmation and affirmation of institutional trades), exchange of messages among broker - dealers, custodians, and institutions related to a trade, post-trade matching of trade information, routing settlement instructions to custodian banks and broker - dealers» clearing agents, software that provides algorithmic trading strategies, and trading software operated by a broker - dealer to route
orders to market centers or direct market access systems.
In both instances, these services or products may include: company financial data and economic data (e.g., unemployment, inflation rates and GDP figures), stock quotes, last sale prices and trading volumes, research reports analyzing the performance of a particular company or stock, narrowly distributed trade magazines or technical journals covering specific industries, products, or issuers, seminars or conferences registration fees which provide substantive content relating to eligible research, quantitative analytical software and software that provides analyses of securities portfolios, trading strategies and pre / post trade analytics, discussions with research analysts or meetings with corporate executives which provide a means of obtaining oral advice on securities, markets or particular issuers, short - term custody related to
effecting particular transactions and clearance and settlement of those trades, lines between the broker - dealer and
order management systems operated by a
third party vendor, dedicated lines between the broker - dealer and the investment adviser's
order management system, dedicated lines providing direct
Each client who earns and / or redeems points and / or receives rewards consents to, and authorizes RBC Bank, any of their respective subsidiaries and affiliates, and any non-affiliated
third parties with whom any of the foregoing contract in
order to manage and administer the Program, to share information about the client and the card account (including the Program component) as necessary or appropriate to
effect, administer, enforce, service, or fulfill the terms of the Program.
Gameplay wise The Bureau plays like any other
third person shooter, with the exception of
ordering your allies around the battlefield, which probably most closely resembles the similar mechanic in the Mass
Effect series.
Aside from largely ignoring the issue of electrification of trucks, which is happening far more slowly than passenger cars, Hulot's plans also appear to disregard second and
third -
order effects if the 2040 ban on gasoline and diesel - engined cars proceeds as planned.
But even if there exists a consensus about the temperature record and its cause, there remains less of a consensus about what the first, second,
third, and Nth -
order effects of climate change will be.
But the fact of the influence of anthropogenic CO2 on the climate is distinct to facts of the degree of that
effect, which is again logically distinct from the facts relating to the
effects produced as second,
third, and fourth
order effects on climate systems, ecosystems, species, primary industry and civil infrastructure, economy, and society.
Even if there is some extra impact on weather disasters, the
effect in world terms is
third -
order effect relative to human prosperity.
Third, as Semertzi has noted in 2014, recently concluded EU free trade agreements in some form or another are precluded from having «direct
effect» in the domestic (EU and MS) legal
orders.
Third, the referring court asked whether a rebate scheme must generate probable and / or appreciable exclusionary
effects in
order for it to fall within the scope of Article 102 TFEU.
Among the debated issues were liability of
third party funders and adverse costs awards, the
effect of
third party funders on
orders for security for costs and best practices for arbitrators and
third party funders.
(4) Starlight Shipping Co v Allianz Marine & Ors; Brit UW Ltd & Ors v Starlight & Ors; Brit UW & Ors v Imperial Marine & Ors [2014] EWHC 3068 (Comm); [2015] 2 All E.R. (Comm) 747; [2014] 2 Lloyd's Rep. 579; [2014] 2 C.L.C. 503; [2015] Lloyd's Rep. I.R. 54 — relief granted to both insurers and employees and agents of the insurers who were intended to benefit from the settlement of the insurance claim - relief by way of specific performance and injunctions was tailored to the particular circumstances which included the prohibition on anti-suit injunction to restrain the Greek proceedings — assured
ordered to execute documents recording the meaning and
effect of the settlement agreement (including settlement of claims against the servants and agents who were
third parties to the original settlement) so that the same could be placed before the foreign court to assist in the recognition and enforcement of the English judgment in Greece under the Judgments Regulation.
52 However, the mere fact that it might appear desirable, for economic reasons or in
order to preserve the family unit in the territory of the Union, for members of a family consisting of
third country nationals and a Union citizen who is a minor to be able to reside with that citizen in the territory of the Union in the Member State of which he is a national is not sufficient in itself to support the view that the Union citizen would be forced to leave the territory of the Union if such a right of residence were not granted (see, to that
effect, Dereci and Others, paragraph 68).
Secondly, any decision to stay in the territory of that Member State in
order to preserve the relationship, if any, of the Union citizens who are minors with their biological fathers would have the
effect of harming the relationship of the other children, who are
third country nationals, with their biological fathers.
He further demonstrated that the judge had acted on that concession, without which the judge's award might well have exceeded # 2.2 m. Cross checking for fairness, the
effect of the
order was to give the wife approximately one -
third and the husband approximately two -
thirds of the total available assets.
In a
third hypothesis, some individuals with CD and poor achievement especially those with reading disorder (dyslexia) have an underlying disorder of cognitive processing called the Hebb repetition
effect, which includes selective impairment in cognitive tasks that involve processing of serial
order, even for nonverbal modalities.
Putting an impartial
third party in the middle of a dispute in
order to initiate conversation between the parties may seem like a small step, however the positive
effects of initiating this conversation can be demonstrated from effective mediation sessions.