Sentence examples for meet its liability from inspiring English sources

Exact(2)

The most important criterion is how much money the charity must set aside to meet its liability — known as the reserve fund.

In America, state and local DB plans have seen the assets in their funds lose $1 trillion in value since October 2007.In Britain some national schemes are "unfunded": that is to say, the government does not put aside a specific pot of cash to meet its liability to its employees.

Similar(58)

Greece will now receive the funds it needs to meet its liabilities for the next three years, removing the spectre of "Grexit" from financial markets for the time being.

The Turnberry accounts state: "The group is dependent on continuing finance being made available by its ultimate owner to enable it to continue operating and to meet its liabilities as they fall due".

Selling assets would help Massey, currently the sixth-largest American coal producer, meet its liabilities while remaining independent.

Grant Thornton said CBD was effectively insolvent from June 2014, and could not meet its liabilities as early as June 2013.

"The definition of solvency is based on a company's ability to meet its liabilities as they fall due and that is exactly what we do," Howard said.

An Albemarle spokesperson said: "In the absence of any other available facilities from its lenders or elsewhere, the company will shortly be unable to meet its liabilities as they fall due.

There was no indication of potential risks to the pension rights of staff nor the ability of Visit London to meet its liabilities on being wound up if London & Partners decided not to allow staff transferring from Visit London to continue to accrue pension rights in the scheme".

Myners said: "The big question is whether when Philip Green sold BHS to a group of individuals with no retail experience, lead by a former mini-racing car driver and twice bankrupt person, that the pension scheme had enough assets to meet its liabilities".

The club's independent auditor, Deloitte, added: "The group requires additional funding to continue to meet its liabilities as they fall due.

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