But what of the obligation to purchase the remainder of the preferred?
"The firm's obligation to purchase RINs as part of our importing and blending of gasoline exceeded the RINs we have received from our wholesale business," he said.
The accountant's presentation is akin to the free samples of cheese handed out at a gourmet shop; enjoying them implies no obligation to purchase a vast wheel of cheddar even if doing so provides fantastic tax benefits.
Because as Think Progress noted, "every Israeli citizen has the obligation to purchase health care services through one of the country's four HMOs since government officials approved the National Health Insurance Law in 1995".
Options contracts involve the payment of an up-front fee that gives the buyer the legal right, but not the obligation, to purchase a resource for an agreed strike-price on some later delivery date [12].
Of that, AT&T will spend $3.5 billion to dissolve Concert, and another $1.8 billion to buy out British Telecom's obligation to purchase more shares in AT&T Canada an arrangement that is expected to save BT $1 billion in cash.
The Company shall have the option (but not the obligation) to purchase such Common Shares.
(No one was under any obligation to purchase any).
Although most practices did not feel any obligation to purchase additional equipment to be able to provide services according to the GRRS or MECS protocols, several practices decided to upgrade existing consulting room equipment, for example, slit-lamp, and/or bring forward the purchase of more specialist equipment for example, fundus camera.
At issue is not just the $700 million in losses that investors suffered as a result of purchasing a particularly unwholesome collateralized debt obligation (C.D.O).
And the question is, to what extent can they cut costs when a lot of the costs are fixed obligations to purchase energy from KeySpan".
