"However, having secured control of the debt, American Greetings immediately informed the board that it intended to enforce the loan against the company, " the retailer said in a statement earlier on Wednesday.
Most money owed by students was to the Student Loan Company, followed by banks, relatives and credit card firms.
Again, with regards to any particular loan or company, I would refer you to the Department of Energy.
However, there are requirements in the loan to deploy the capital through Amazon sales vs. other company channels only.
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He scored immediately exercisable options to buy 13% of the company for 10 cents a share, and a loan from Neoforma to buy the options.
And, in a sign of the times, Husky International waded into the market on July 30 to reprice its covenant-lite loan (the plastics company originally tested the market for a lower spread in May before shelving the transaction amid deteriorating market conditions).
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Drumm had proposed taking out a loan or selling their cars to fund the company, but his wife scoffed at the idea of going deeper into debt after watching her husband rack up thousands of dollars in expenses trying to build a web developer business.
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The company was the first solar panel company to receive a loan from a federal programme to support innovative green technologies.
The coming change will allow all borrowers with loans backed by the company, regardless of their loan-to-value ratio, to benefit from the streamlined program.
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However, in Q3 2011, it will be hard for the company to beat market expectations as the provisions for loan losses slowly begin to climb.
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To receive the loan guarantee, SoloPower has to meet specific performance metrics, a company representative said.
The company had been trying to renegotiate the terms with the loan, including a payment that is due on April 22, according to Reuters.
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This is the same criterion used by the actuary of Social Security to compute the ultimate measure of the long-term financial condition of Social Security and used by private lenders in determining whether the purpose to which a prospective loan is put will increase the present value of a company's future cash flows by more than the amount of the loan.
The final straw was his refusal to condemn the withdrawal of a loan for the city's Forgemasters steel company which had been promised under the Labour government.
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Under the arrangement, a participating company would take out a bank loan and give some of the money to Zhongdan for investing in high interest-paying wealth management products for a month or more.
Dimon also provided a sober outlook, saying that if the economy deteriorates further, which is certainly possible, it's reasonable to expect additional negative impact on the company's market-related businesses, continued higher loan losses and increases to credit reserves.
Most banks were processing the new loans whereas the big banks were shelving them, so most borrowers calling in to speak with their lenders are speaking to servicers of the loan, and not the original company the borrower closed the loan with.
The Seattle company, run by serial tech entrepreneur Andy Sack, seeks to streamline the loan application process and relies heavily on recommendations from angel investors, venture capitalists and tech industry veterans.
The company is hoping to build a sister plant in Ohio with the help of a federal loan guarantee.
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Lending Club and Prosper vet thousands of loan applications, whittling down the pool to only those borrowers the company deems least likely to default.
That ends Mr. Lazaridis' formal ties to RIM, which go back about 30 years to when he started the company with a loan from his parents.
C. bought a database of subprime loans from a company called Loan Performance in order to study the problem more closely, something that, apparently, no other government regulator had thought to do.
The company was hoping to use the federal loan guarantee to help pay for an additional 300 megawatts of production capacity at the same site.
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Loan demand is expanding and it seems that the company has returned to a period of modest growth.
When Dave wanted to expand this company last year, he received a loan from the Small Business Administration that was part of the Recovery Act, part of the stimulus.
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So by definition, every single government loan guarantee in this program is to a company or a technology that the free market, knowledgeable investors, and industry insiders have rejected as a bad investment.
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Among the failed investments was an unsecured loan of 700m euros to a shipping company - about half of which was lost - and a loan of half a billion euros to a Greek TV company.
The company will look to lawmakers to secure it an emergency government loan guaranty.
In October the company launched a stock option loan program for employees who need cash to exercise their stock options.
The company announced a plan to pay back its Department of Energy loan 5 years ahead of schedule, by the end of 2017.
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