In addition to the loans, Mr. Harper announced that the government would extend additional insurance to auto parts makers for money owed to them by automakers, and develop a program to finance consumer loans for new car purchases.
To complicate matters further, local laws and federal regulations also extend additional or partial rights.
And State Street had refused to extend additional overdraft privileges to the fund.
As this paper by Joe Peek and Eric Rosengreen shows, during the nineteen-nineties, Japanese banks constantly "evergreened" — they kept extending additional credit to companies that already had loans with them.
President Bush's advisers concluded that, in an election year, Congress could not be persuaded to pass legislation extending additional rights to convicted murderers.
Small-business customers are "drawing them down because they have real needs and we are extending additional commitments," said John C. Gerspach, Citigroup's chief financial officer.
"Their banks refuse to extend additional credit, yet suppliers such as ourselves, not just in California but throughout the entire Western market, are being forced to assume their credit risk with no promise of payment," Mr. Ledbetter said.
These are seen as necessary in order for other European leaders — most notably Chancellor Angela Merkel of Germany — to persuade their electorates to extend additional loans to Greece should it need it.
"New projects have been approved, local governments have been given the all-clear to re-engage with financing platforms, and banks have been leant on to extend additional credit.
This chapter summarizes the basic, extended, additional functionalities in automation systems.
