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And, with LJM2 assuming the liability of the interest payment as part of its purchase, doesn't that mean that the value of the asset was growing even faster than 15percentt?
A prime example of this is keeping the marital home and assuming the liability for the mortgage.
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"In these kinds of deals, whoever owns the company has to write a check for this every week, every month, so they're assuming the liabilities and any kind of capital injection the business needs in order to operate," he said.
As a result, LJM2 assumed the liability.
Another way to address China's concerns about risk would be for the I.M.F. to assume the liability.
The final treaty also forced Spain to cede all claim to Cuba and to agree to assume the liability for the Cuban debt, estimated at $400 million.
A pension company assumes the liability of future obligations and thus has the incentive to ensure that plans are fully funded at all times.
It would assume the liability for health care benefits for current and retired workers and their families, which G.M. estimates at about $55 billion.
Mr. Hunter pointed to earthquake-prone Chile, where builders must assume the liability for catastrophic earthquake damage for 10 years after construction.
Because bankruptcy case law is murky on the matter, G.M. and the auto task force chose to assume the liability instead of risking a delay of the company's emergence from bankruptcy.
payable by a person who is a party to the suit or agreement or to the workers' compensation claim or by a person who has assumed the liability for such periodic payments under a qualified assignment in accordance with section 130.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com