- Such guarantees should not, in principle, include subordinated debt (tier 2 capital) or an indiscriminate coverage of all liabilities, as it would merely tend to safeguard the interests of shareholders and other risk capital investors.
- border debts.
- The new company in such cases does not in principle take over the debts of its predecessor and thus does not suffer from the difficulties described in the Restructuring Guidelines.
- The current variations between the principles for debt recovery in individual Member States of the European Union seriously hinder the recovery of cross
- In principle a customs debt is also incurred for 1041,67 kg of import goods.
- Gerald Corrigan, Chairman of Goldman Sachs Bank USA, started off by presenting what he called the "core principles" of debt management.
- According to that principle, debt capital put at the disposal of a company by the state, directly or indirectly, in circumstances which correspond to the normal conditions of the market, should not be qualified as State aid [62].
- Or he could have adopted a less aggressive strategy: Concede from the start the German principle that debts are sacrosanct and then show that austerity could be eased without any reduction in the face value of Greek debt.
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- And, since all this money is created out of debt, and circulated randomly through commerce, people become detached from their original debt.
- The Commission considers that such failure must have come to the knowledge of the main public creditors such as ZUS, the local authority and the Tax Office, as they all were involved in the original debt restructuring.
- Given that this aid had similar effects to a debt waiver, the Commission could, however, accept that the Polish authorities proceed with recovery as if the original debt had been waived.
- But in the context of debt relief it also requires justice and a recognition that in many cases, the original debt has already been repaid many times over.
- However, given that a market economy operator would have enforced the original debt, this debt should hypothetically no longer exist and should not therefore be counted twice.
- Where a customs debt has been remitted or the corresponding amount of duty repaid in error, the original debt shall again become payable.
- While her original debt isn't paid, the interest just keeps on growing.
- The total interest settled by PZL Dêbica on 14 August 2012 amounted to PLN 103566,29, nearly double the amount of the original debt of PLN 61104,97.
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