The first and most pressing is that the rugby club is only considered a going concern because Walkinshaw has guaranteed to meet "its liabilities as and when they fall due for payment for a period of not less than 12 months from the approval of the financial statements".
10.4 Unless otherwise agreed, payment for an individual order of a print product, or for one-off retrieval of an eBook or ePaper, or for a subscription (no matter whether print or digital) must be made in advance and shall fall due for payment immediately on completion of the order.
Of that £500bn or so, between £350bn and £400bn falls due for payment this year.
The Client shall pay, on demand, interest on all amounts which are overdue for more than 30 days, such interest to be calculated from the day after the date when payment fell due to the date of actual payment at the rate of four per cent (4.00%) above the base rate of the Bank of England from time to time.
The Client shall pay, on demand, interest on all amounts which are overdue for more than 30 days, such interest to be calculated from the day after the date when payment fell due to the date of actual payment at the rate of 4percentnt above the base rate of the Bank of England from time to time.
The season of the tax, when payment fell due, was a time of "horror, dread and misery," Goitein wrote.
That ought to open the way for the government to return to the bond markets, to cover debt payments falling due in 2011.
During spot checks, test results for every shipment must be then submitted to the government authorities; otherwise, predefined monetary penalty payments immediately fall due.
Instead, they buy futures and options which they settle with a cash payment when they fall due.
