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We model three different "return-to-work" scenarios (henceforth, we use "return-to-work" as a collective term for both "extension of working hours" and "take-up of work"): first, we assume a return-to-work period of two years, where individuals fall back to their old DI contracts after they receive the last payment tranche.
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See articleStandard & Poor's downgraded Eurotunnel's credit rating after it defaulted on an interest payment on a tranche of bank debt.
In theory, a failure to pay a single interest payment on a tranche of debt will trigger a demand from all bondholders for their money back.
Besides the debt payment, the first tranche of about $29 billion in emergency loans will cover an $11-billion 11-billionf cash for Greece's nearly depleted banks.
The coupon payments of each tranche depend on the level of the loss rates of the underlying motor insurance pool.
UBS also believed that a long awaited deal relating to extra payment for the first tranche of Typhoons supplied to Saudi Arabia - due in part to changing requirements - could be signed in the second half: Given that this was first hoped for before the end of 2011 and then before the end of 2012, we believe that signature must reduce the risk.
If you succeed, you get an extra tranche of payment for your company.
Instead, the bonds are divided into "tranches," and one tranche must be repaid before payment on the next can begin.
"A tranche of payments submitted to the bank's clearing system was too large.
Indeed the first tranche of payments is being made to local authorities in affected areas today.
In fact, we could have withheld the final tranche of payments last year, because the United States had not kept its part of the deal, to fully normalize relations within the formally agreed-upon time frame.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com