If the bondholders are themselves in distress, those losses can reverberate around the financial system.Jeremy Bulow of Stanford University and Paul Klemperer of Oxford University see a way to overcome these problems with a new instrument called an equity recourse note, or ERN.
He could talk you through every small step of a dispute with total recall and no recourse to notes.
Seemingly without recourse to notes, and speaking sometimes in Spanish and then in English, Antonio Lazcano delivered an astonishingly brilliant speech on the history of scientific discovery and analysis bearing on the subject of the origin of life.
The archdiocese, which is in escrow with Perry, said Hollister's offer was flaky: a deed for $100,000 in cash and $9.9m payable under a non-recourse promissory note which left the fate of the priests' house unclear and the whole deal hinging on turning the estate into a hotel, which neighbours will oppose.
He furnished an example: "For instance, an investor's sole recourse for these notes in the event of any sort of default is only the company itself".
But someone hearing this desultory piece without recourse to its program notes would surely have placed it somewhere in the 1950's.
Homoeopathic and Ayurvedic practitioners in Kerala noted the recourse to outsourcing diagnostic investigations because of the lack of facilities in their institutions.
It should be noted that recourse to sangomas as the first port of call in seeking for solutions to problems relating to health and general well-being, is not a phenomenon peculiar to the study participants as it is a common phenomenon especially among black South Africans [ 37, 38].
No wonder we have an anonymous note epidemic what other recourse is there?
Roberto Alagna, in the title role, a creature of the old-school European opera stage, hits the emotional notes squarely and with ample recourse to semaphoric posturing, while Simon Keenlyside, portraying his boon companion Rodrigo, employs a more inside-out acting style.
