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Any settlement payment, whether made by the Debtor directly or by the Prepetition Lenders as part of the "reallocation" proposed by this Plan, would be paid based on the existence and amount of their Senior Subordinated Obligations claim and would fall within the prohibited payments of Section 4.02(a).
Delays in scanning had allowed some prohibited payments to be processed, PayPal said.
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Gwenn Bézard of Aite Group, a consultancy, thinks PayPal will eventually suffer if Google continues to throw money at its payments service, because many consumers will want to use one or the other system, but not both.Hence eBay is being forced to take Checkout seriously so seriously, in fact, that it has added Google's system to its list of prohibited payment methods.
(Many countries, including Canada and Britain, do prohibit payments to egg donors).
They prohibit payments by registered lobbyists for lawmakers' travel.
The case concerns the unintended sideeffects resulting from laws that prohibit payments to "donors" of lifesaving biological material.
Moreover, the possibility, however remote, of getting a ruling prohibiting payments to other bondholders will certainly make holding out from a restructuring more attractive than it was before.
Attitudes appear to be hardening in Europe, where laws prohibiting payments to foreign officials or executives in order to win business contracts are still relatively new.
Salary Limits: Section 203 of the Consolidated Appropriations Act 2014 prohibits payments for salaries under grants and other extramural mechanisms in excess of Executive Level II.
Are these payments in breach of clause 15 of the PCC code, which prohibits payments or offers of payments to anyone who may "reasonably be expected to be called as a witness"?
While the new rules prohibit payments to a lender or broker based on the loan's interest rate, they do allow for compensation based on a fixed percentage of the loan amount.
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CEO of Professional Science Editing for Scientists @ prosciediting.com