As the IMF has been pushing for a larger quota, a larger sum of money in the form of an AMF could not be hurtful - and indeed provides an added rationale.

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Soon after the gift was received, a similar sum was channelled to the Chamber itself in the form of a loan from the charity.

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Variable annuities are a form of life insurance that includes a lump-sum death benefit and tax-deferred investments, often mutual funds, which are supposed to provide income during a client's lifetime.

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About half of that sum is expected to be real spending, the rest in the form of raising loan limits on local governments.

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Under this, early departure payments in the form of a lower level of pension, and a lump sum, are paid to service men and women with at least 18 years service who are aged 40 or over.

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"The defendant stated, in sum and substance, 'Maybe I should talk to Mr. Gottlieb, ' and indicated this on the form, " the letter said.

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