Sentences with phrase «used for general corporate purposes»

Proceeds from the share subscription will provide additional liquidity to Sears Holdings and are expected to be used for general corporate purposes.

The cash received from the Surplus Notes will be used for general corporate purposes.

Of the approximately $ 238 million in proceeds from the transaction (before transaction expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for general corporate purposes.

As for the remainder, it has said only that the money will be used for general corporate purposes, meaning anything from working capital to acquisitions to dividends and buybacks.

In addition, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general corporate purposes.

Net proceeds from the offering will be added to CWB's capital base and used for general corporate purposes.

The proceeds will be used for general corporate purposes and to repay existing debt.

The Los Angeles - based office REIT expects to net proceeds of about $ 332.2 million and said in a statement that it plans to contribute the funds to its operating partnership to use for general corporate purposes including acquiring properties and repaying outstanding debt.

Not exact matches

«Netflix intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions,» Netflix wrote in a statement Monday.

In addition to helping with its capital expenditures, the proceeds will also be used to repay commercial paper as it matures and for general corporate purposes, the company said.

We currently intend to use the net proceeds to us from this offering primarily for general corporate purposes, including working capital, sales and marketing activities, general and administrative matters and capital expenditures.

The company, which didn't disclose a price range or the number of shares it will offer, plans to use the proceeds for general corporate purposes.

Loans backed by specific collateral or backed by general corporate assets aren't the perfect option for every financing situation, but are tools business owners can use to access capital, provided they are a good fit for the loan purpose and the economics make sense.

The luxury homebuilder intends to use the cash for general corporate purposes and to pay off debt, it said in a release.

Twilio plans to use proceeds from the offering for general corporate purposes, including investing in engineering, sales and marketing and to enhance its technology platform, according to the prospectus.

Microvision intends to use the proceeds from the issuance for general corporate purposes.

The Hershey Company intends to use the net proceeds of the Notes Offering to repay a portion of the commercial paper it issued to fund its acquisition of Amplify Snack Brands, Inc. and pay related fees and expenses and for general corporate purposes.

CIT plans to use the proceeds for general corporate purposes.

DaVita says it plans to focus on its kidney - dialysis business, and use the money for share repurchases, debt payment and general corporate purposes.

The Hanover plans to use the net proceeds from this offering for general corporate and working capital purposes, which may include repurchases of its common stock.

The company plans to use at least 75 % of the issue proceeds for its lending activities and to repay its existing loans and up to 25 % of the proceeds for general corporate purposes.

In the document filed for Google's IPO, they stated that they intended to use the money for «general corporate purposes», and «for acquisitions of complementary businesses, technologies or other assets»; i.e., to buy stuff that would help them grow their business.

Dividends from MBIA Corp. are used primarily for general liquidity and other corporate purposes.

«We currently anticipate that we will use the net proceeds of the rights offering for general operating, working capital and other corporate purposes.

AGTC plans to use the net proceeds of the offering to fund preclinical investigation and Phase 1/2 trials of potential product candidates for treatment of wet AMD; to expand its manufacturing capabilities and create a pilot manufacturing group; to in - license, acquire or invest in complementary gene therapy, technologies, products or assets; and for working capital and other general corporate purposes.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.

Excess proceeds will be used to fund this transaction and for general corporate purposes.

Simon plans to use net proceeds from the offerings to fund the purchase of a 28.7 percent equity stake in Klepierre, a French REIT, and the purchase of interest in 26 properties in the Mills portfolio from Farallon Capital Management LLC, as well as for general corporate and partnership purposes.

National Retail Properties plans to use the proceeds from the transaction to repay borrowings under its credit facility, for general corporate purposes and to fund future property acquisitions.

Net proceeds of $ 74.6 million will be used to repay borrowings under the company's $ 160 - million line of credit and for general corporate purposes.

Corporate Relations will not disclose this information, but may use it for marketing purposes by combining it with other Clients associated with large real estate companies to provide general information to those companies about the average sales volume or dollar volume of Clients associated with their companies.

Weingarten plans to use the proceeds from the facility to fund acquisitions and new development activities, and for general corporate purposes.