Newell Rubbermaid, which is based in Atlanta, said the move is intended to permit the repayment of a portion of the approximately $750.0 million in debt that matures in the second half of 2009.
The third result would be to improve the balance of our banking structure, making for a larger proportion of sound commercial loans (especially when business again expands) and permitting the repayment of a certain quantity of frozen security loans.
The law permits the S.E.C. to seek repayment from a chief executive and chief financial officer "any bonus or other incentive-based or equity-based compensation received" in the 12-month period after release of the financial statement that is later restated.
During this period, the institution's creditors and counterparties would not be permitted to cancel their contracts and demand immediate repayment, or force the institution to pony up additional collateral.
My undergraduate loans are currently in deferment — in order to be eligible for 10/20, would I have to pay them off completely, or would I be permitted to leave them outside of the income-based repayment program for purposes of the 10/20 guidelines?
Usually, these threats are covert so that firms stop publicly criticizing any government agency that can slow down repayment or ask for more data to back up a permit application.
"All that we will say is that as the completion of the stress assessment, if permitted and supported by supervisors, we would like to consider the repayment of TARP capital," Mr. Kelleher said.
Accordingly, Mr. Brill said, unless there is language in the governing documents permitting the board to require a deposit, the letter writer can demand repayment of his $6,000.
Instead, cities, and perhaps states, would be permitted to sell bonds to cover their pension liabilities, with the federal government guaranteeing repayment.
Mortgages guaranteed by the Federal Housing Administration are permitted one year after a consumer exits a Chapter 13 bankruptcy reorganization, which requires a repayment plan that is often a fraction of what is owed, and two years after the more common Chapter 7 liquidation, which discharges most or all debts.
With such a mortgage, the borrower is permitted to pay only interest payments early in the term of the loan -- deferring repayment of principal to the later years -- thereby freeing cash that can be used for other investments or making it possible to borrow more money than the buyer might otherwise be eligible for.
