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But the initial payments will be considerably lower than if the home buyer had opted for a standard deal.
But the initial payments will be considerably lower than if they had opted for a standard deal.
But more recently such mortgages have grown popular with borrowers who could not afford to buy a house unless they cut corners on the initial payments.
Chambers and Katz are making the initial payments because of the Devils' important role in building the Newark arena -- and because the YankeeNets raised their debt load by $200 million last week with a sale of junk bonds.
The results were bolstered by the recent sale of an e-mail service and the initial payments from Microsoft to cover some of the costs of a search advertising partnership between the companies.
While payments to the families will end in August, researchers will continue to monitor them for three more years, to see if any behavior encouraged by the initial payments will continue.
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The initial payment would cut Lilly's earnings in the fourth quarter by 2 cents a share.
Swiss banks would make the initial payment and then recoup it from their German clients.
The contract stipulated that the initial payment also gave Detective Comics all the rights to the Superman character.
But software works more like a health club membership: the initial payment is only an entry fee.
A March 1 deadline to come up with the initial payment -- $5 million -- was extended by Mr. DeMarco to Sept. 1.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com