The reason quoted was that there is a maximum
time of issuance of policy which is passed.
The option of 100 % commutation was allowed by the fund referred here in above at
the time of issuance of the policy.
Do you need to deal with reg rights (with respect to the underlying preferred shares) at
the time of issuance of the convertible notes, or do the convertible note investors simply get (upon conversion) whatever reg rights are granted at the time of the issuance of the preferred?
Not exact matches
The supply side is a lot bigger than we've seen happening at a
time when the Fed is pulling back so the net impact
of supply going up and the Fed support
of that going down, means a lot more
issuance.»
Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result
of acquisition accounting that may hinder the comparability
of our operating results to our industry peers, (ii) amortization
of deferred financing costs and debt
issuance discount, a non-cash component
of interest expense, and (gains) losses on early extinguishment
of debt, which are non-cash charges that vary by the
timing, terms and size
of debt financing transactions, (iii)(income) loss from equity method investments, net
of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.
Treasury bill and bond
issuance are ramping up at a
time when the Fed is reducing its reinvestment
of maturing bond holdings.
Amortization: the act
of paying the principal balance over
time between the
issuance of the loan and loan maturity
While equity does not require repayment over a defined
time period, an entrepreneur's stake in his or her company is diluted through the
issuance of equity to outside investors.
The coupon rate is fixed at the
time of issuance and is paid every six months.
At the
time of expiration, approximately 30,426,564 shares
of common stock were reserved for
issuance under the SOP.
As a practical matter, the Department
of Labor will need a significant amount
of time - at the very least through the June 9, 2017 date it proposes - to conduct the review the President directed and determine upon the
issuance of a notice
of proposed rulemaking to revoke or modify the Fiduciary Rule.
Moreover, money for fiscal stimulus may translate into net Treasury
issuance this year
of US$ 1.3 trillion at a
time when the Fed itself is no longer a buyer.
Each share
of convertible preferred stock may be converted, at the option
of the holder, at any
time into common stock as is determined by dividing the applicable original issue price by the conversion price as adjusted for certain dilutive
issuances, splits and combinations.
In a year full
of buzz about the possible
issuance of central bank digital currencies (CBDCs), an official with the Bank
of Japan (BOJ) has stated that the institution will not introduce such a monetary instrument any
time soon.
In addition, based on the fair value
of the shares
of common stock
of the Company at the
time of issuance, the Company recorded an additional $ 100,000
of share based compensation expense related to the transaction.
These share repurchases have been funded in part by a $ 17 billion debt offering, the largest ever as
of the
time of issuance.
, Shahram Amini and Vijay Singal test whether firm executives take advantage
of superior information to
time repurchases (
issuances)
of stock just before unexpectedly good (bad) earnings announcements.
Immediate annuities will begin paying a stream
of income immediately upon
issuance for either a set period
of time or as long as the annuitant or annuitants are living.
Usually there is a price stipulation where the price
of the shares would be greater than the market price at the
time of issuance.
If I recall correctly, it was assumed (as advertised at the
time, I believe) the total number
of ETH that would subsequently and ultimately be issued to the network up to a definitive amount (a la bitcoin) was to be based upon a multiple
of the amount
of ETH issued during the sale (3 or 4x the pre-sale
issuance I think it was).
On the subject
of junk debt, in the first two quarters
of 2014, European high yield bond
issuance outstripped U.S.
issuance for the first
time in history, with 77 %
of the total represented by Greece, Ireland, Italy, Portugal, and Spain.
From a founder perspective, instead
of diluting their stake in the company through various rounds
of private financing and spending a vast amount
of time and effort on building up both a brand and a customer base, the
issuance of proprietary tokens to over 10,000 investors (as was the case with Bancor for example) creates an immediately incentivised populace willing to spread the company's name if it delivers on its promised product or service whilst simultaneously having not given away a single share
of the company to institutional investors.
At the event, which was hosted by the Yale Law School Center for the Study
of Corporate Law in New Haven, Powell highlighted three specific areas where blockchain technology is affecting change in regard to the Federal Reserve's «broad public policy objectives»: the creation
of real -
time payment systems, use
of blockchain technology for clearing and settlement services, and the
issuance of digital currencies by central banks.
CORPORATE FINANCING NEWS High - yield corporate bond
issuance and trading have slowed considerably in the face
of uncertainty about Federal Reserve monetary policy, at a
time when chairman Ben Bernanke is about to hand over the reins to Janet Yellen,...
At the same
time, Brazil's removal
of its tax on ADR
issuances is likely to boost that country's DR trading, he says.
In 2016 for the first
time,
issuance in the panda bond market surpassed that
of dim sum bonds.
The cause is always speculative distortion that was well - known for quite some
time: elevated valuations, often accompanied by speculation and new issues
of low - quality stocks representing some «new economy» theme, or yield - seeking speculation and heavy
issuance of low quality debt.
Common folk need no worded gestures
of inflammatory animalisms reciprocating within their only celestial Life for; they are happiest in the idle
times just to be reflective upon their own self - worth
issuances than to be sprawling within the social barrels opining disenchantments.
(b) An initial site evaluation
of an accreditation applicant shall be conducted before or within a reasonable period
of time after
issuance of the applicant's «notification
of accreditation.»
As a general rule, we advise international intended parents to plan on returning home after 2 - 4 weeks, to allow ample
time for any DNA testing, court proceedings, the
issuance of any birth certificates and the application for any visas and / or passports.
I write at this
time to explain a change that I have recently directed with respect to the
issuance of pistol permit amendments in Hamilton County.
Should TSFC decide to issue the Refunding Bonds in the expected approximate amount
of $ 975 million, the
issuance and the
timing are subject to certain conditions, including but not limited to relevant financial considerations, and to the approval by the New York State Comptroller and by the Director
of the Budget
of the State
of New York.
Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from
time to
time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity
of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date
of the contribution, the same amount
of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the
issuance of serial bonds, except, if an issue
of sinking fund bonds is combined for sale with an issue
of serial bonds, for the same object or purpose, then the amount
of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date
of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount
of indebtedness, if any, to be paid during such year on the portion
of such indebtedness actually issued as serial bonds.
Rome Mayor Joseph Fusco said, «The news
of the permit
issuance comes at a very important
time for our area it will allow the nano project to proceed and with that economic growth and stability in our region.
A public meeting will be held on October 20, 2015, at 6:00 p.m., at the District Offices
of Park City School District, located at 2700 Kearns Blvd., Park City, Utah, to allow interested parties, within reasonable
time limits, the opportunity present oral testimony regarding the
issuance of the Bonds.
Basically, its provisions are as follows: If a prospective teacher who has a baccalaureate or advanced degree in an academic major other than education passes the appropriate certification exams and background checks and is hired by a school district to teach in the subject area
of preparation in grades 8 - 12, the candidate will be granted a probationary certificate for a maximum
of two years, at the end
of which
time the school district decides, based on the teacher's performance, whether or not to recommend the
issuance of full standard certification.
-- If final regulations have not been issued pursuant to this section, for new construction or alterations for which a valid and appropriate State or local building permit is obtained prior to the
issuance of final regulations under this section, and for which the construction or alteration authorized by such permit begins within one year
of the receipt
of such permit and is completed under the terms
of such permit, compliance with the Uniform Federal Accessibility Standards in effect at the
time the building permit is issued shall suffice to satisfy the requirement that facilities be readily accessible to and usable by persons with disabilities as required under section 303, except that, if such final regulations have not been issued one year after the Architectural and Transportation Barriers Compliance Board has issued the supplemental minimum guidelines required under section 504 (a)
of this Act, compliance with such supplemental minimum guidelines shall be necessary to satisfy the requirement that facilities be readily accessible to and usable by persons with disabilities prior to
issuance of the final regulations.
[7] The Amended Emergency Order addressed shipments already in transportation at the
time of the emergency order's
issuance.
These are often used to inform staff
of new policies or procedures, should have a «to» line, a «from» line a «subject line» and a date, so that the
time of issuance is clear for future reference.
Treasury bill and bond
issuance are ramping up at a
time when the Fed is reducing its reinvestment
of maturing bond holdings.
You are responsible for any taxes, fees, or other charges associated with the
issuance of tickets for airline travel but not otherwise covered by the airline's redemption
of travel rewards, which must be charged to your Credit Union credit card at the
time of redemption.
Historically an alternative practice
of issuance was for the borrowing government authority to issue bonds over a period
of time, usually at a fixed price, with volumes sold on a particular day dependent on market conditions.
This tracks the performance
of corporate bonds that were rated as investment - grade at the
time of issuance but have since been downgraded to non-investment grade.
Mortgage rates lower than expected and increases in refinancing may increase for a
time the amount
of mortgages being pulled out
of the Fed's holdings, returned the market in new originations and eventually back into new MBS that the Fed will continue to buy (at least when MBS
issuance is in excess
of $ 4B (or $ 8B, $ 12B, etc.) in a given month.
The fund employs leverage through the
issuance of senior fixed rate notes which creates an opportunity for increased income, but, at the same
time, creates special risks (including the likelihood
of greater volatility
of net asset value and market price
of common shares).
In case the Life Insured is a minor at the
time of the policy
issuance, the ownership
of the policy will vest in the Life Insured on attainment
of 18 years
of age, age last birthday.
In case
of the life insured being a minor at the
time of policy
issuance, the ownership
of the policy will vest in the life insured on attainment
of age 18 years, age last birthday.
So, if buying from the company directly at
time of issuance guarantees being able to buy at par, how can I know when a company is issuing new bonds?
However, a bond may be reviewed at any
time the agency deems necessary for reasons including: missed or delayed payments to investors,
issuance of new bonds, changes to an issuer's underlying financial fundamentals, or other broad economic developments.
Issuance of the policy may depend upon answers to health questions set forth in the application and the policies may have a graded death benefit for an initial period
of time.