The deal would end the enormous perpetual payments and settle a lawsuit filed in federal court by the Silnas that demanded additional compensation from sources of television revenue that did not exist in 1976, including NBA TV, foreign broadcasting of games and League Pass, the service that lets fans watch out-of-market games.
In the case of a perpetuity with an annual payment of a, the formula reduces to Thus if one had to pay $200 to purchase a perpetual annuity of $5 per annum, the rate of interest would be 2 1/2 percent.
He also noted a continuing shift among his customers away from perpetual license and towards subscription payments.
After seven exhausting years of dealing with aggressive threats of litigation, demands for fast payment and being the perpetual bearer of bad (and expensive) news to my senior management, I was ready for a change.
We're all familiar with the struggling artist archetype who forgets to pay their bills on time and seems to live in a perpetual state of being one late payment away from homelessness (right-brained).
When the federal Turgeon Commission recommended that Manitoba, in addition to a perpetual subsidy, receive a one-time payment of more than $4 million, Brownlee demanded the same for Alberta.
Also halted: payments on its high-yield perpetual securities.
Income taxes are banned unless the revenue is placed into a specific perpetual fund, or if the taxer is receiving payments from the Federal Railroad Retirement Act, or similar.
Rapid growth in the western states led to perpetual shortages of money, high interest rates and, it appears, balance-of-payments deficits with eastern states.
Third, it would swap much of its existing debt for two exotic types of bond: a "perpetual", meaning that the principal would never be repaid, and a "GDP-linked" bond, with payments tied to the health of Greece's economy.
