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Canceling the acquisition will result in a $230 million decrease in NRG's capital obligations this year, the company said.
"The concessionaire has completed all of its capital obligations, totaling more than $8 million, and paid the city over $22 million in license fees since the commencement of its contract," Ms. Karp said in an e-mail.
Upon his induction as a Goldman partner in 1982, a young Goldman deal maker named Henry M. Paulson Jr. informed Mr. Doty that he would hold off on building an addition to his home in Barrington, Ill., to fulfill his partner capital obligations.
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Darden valued the deal at $1.4 billion if outstanding debt and capital lease obligations are included.
In papers filed last Friday in the Federal District Court in Delaware, Chase stated that the defendants had not met reserve capital call obligations, which secure the $800 million loan it made in December 1998 to a subsidiary, Iridium Operating L.L.C.
The city's enforcement of the capital maintenance obligations comes just months after the Cultural Affairs Department told Lincoln Center that it wanted the remaining funds from its first $24 million installment spent on building; about $13 million has been spent on planning.
Civic engagement and social capital entail mutual obligation and responsibility for action.
Yukos would be allowed to issue shares and increase its equity capital to meet obligations.
It replicates much of the power/incentives of a multi-level-marketing (MLM) model, without the pyramid-like upfront capital commitments and obligations.
Chicago Metropolitan Water Reclamation District, $400 million of general obligation capital improvement bonds.
Huntsville, Ala., $100.2 million of general obligation capital improvement warrants.
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CEO of Professional Science Editing for Scientists @ prosciediting.com