Sentence examples for cessation payments from inspiring English sources
Modelled on smoking cessation payments in the Quality and Outcomes Framework, 33 screening and brief intervention was incentivised as £1 per patient screened (€1.26 or $1.85, all conversions at 2008 exchange rates), £8 per brief advice, and £32 per brief lifestyle counselling.
In Argentina the payment of matured debts with ordinary means may be voidable if the creditors knew of the cessation of payments.
In addition, anticipatory payment of unmatured debts, payment of debts made by other than ordinary means of payment, or the grant of security interests for preexistent debts are invalid if made after the cessation of payments, regardless of the creditor's knowledge.
In addition, security interests or satisfaction obtained by the creditor after a cessation of payments or filing of a petition are voidable if the trustee shows that the creditor knew of the cessation of payments or petition.
Spain is one of the countries still adhering to the general invalidation of transactions following the cessation of payments.
Liquidation is decreed if the debtor has either resorted to cessation of payments or committed specified acts manifesting insolvency.
With the exception of Austria, Italy, and Switzerland, the countries listed above retract the effective date of adjudication to the date of the cessation of payments.
In some of these laws (e.g., that of Mexico) the commission of these specific acts raises merely a presumption of a cessation of payments.
Although the system was much criticized for its erosion of Yemen's sovereignty, the cessation of payments left many around the country without a vital source of income.
In Switzerland institution of liquidation proceedings likewise can be based on cessation of payments or on the commission of other specified acts of bankruptcy.
