WhiteHorse may draw under the revolver until May 2014, at which time outstandings term out to September 2020 and pricing rises by 50 bps.
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Bank loans term out in less than 10-years (often five to seven years) and issuers generally need to refinance at the end of that term.
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But as PIK loans written in 2006 and 2007 begin to term out over the next few years, investors in these instruments may suffer the same fate as investors in negative amortization subprime loans.
FORBES: Are Floating Rate Funds The Wrong Answer To Rising Rates?
It shifted more long term care out of nursing homes to home and community-based care.
Whether providers can make long term money out of such hotspots remains to be seen.
Mr Monti had planned to serve until April 2013, when the current parliamentary term runs out.
Basically, there are a lot of long-term proposals out there that are very important to continuing our economic growth.
It now looks as if elections will be held in February rather than in April when the government's term runs out.
You know, every president, almost every president in his second term reaches out to try to write something in his legacy about a big breakthrough.
Though Mr. Chaudhry's term runs out at the end of 2013, the judiciary that he shaped over the past six years has closely followed his example and consistently supported his decisions.
Those discussions are now in full swing, ideally allowing the commissioner to wrap up a deal that could affect how the California company does business world-wide before his term runs out in early 2014.
Blakey's move to AIA comes at a crucial time for the FAA. Her term runs out Sept. 13, but the FAA is waiting for Congress to reauthorize its funding, which is supposed to be done by Sept. 30, the end of the current fiscal year.
The only way to truly succeed over time is to use your head, think out long-term trends, figure out where productivity exists (and therefore wealth is being created) in the economy, and invest your mind or your money alongside it.
Is Nintendo really making a wise and logical move that works out in the long-term, or simply acting out of the same out-of-touch myopia that could doom them?
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You are clearly aware of the urgency of the climate crisis, which suggests that leaving out the potential long-term consequences of the discovery out of this piece was a conscious journalistic choice.
They can also try to improve things for the long-term by going out and acquiring something.
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Lieberman won his third Senate term by beating out his Republican challenger, Waterbury, Connecticut, Mayor Phillip Giordano.
And a mandate is especially important if his next term really turns out to be Mahathir's last.
Tim Pawlenty's third-place finish pushed the two-term Minnesota governor out of the presidential race the next morning.
For as long as that buying spree continues, those who worry about the long-term will look out of touch.
And as George W. Bush learned in his second term, hammering out a compromise on such a volatile issue is maddeningly elusive.
Options traders positioning for further upside in the near term picked up out-of-the-money call options in the first hour of the session.
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The governor, who will be term-limited out of office in January 2007, says the mechanism needs to be adjusted to keep on working.
ECONOMIST: A tough decision for voters and Republicans in particular
Certainly not from well-funded companies with the resources to plan long-term and carry out strategies that support these projects over decades, not quarters.
In the New Year, the coalition will publish a mid-term report setting out plans for child care, transport, social care and youth unemployment.
Essentially, the long term unemployed drop out of the labour force.
FORBES: After Six Months Unemployment Turns Into Permanent Unemployment
The term itself arose out of the difficulty of convicting someone of accepting a bribe from a third party when nobody else suffered a tangible loss.
It really does not affect the economic outlook for the next couple of years (though it will have a longer term impact, out five to 15 years).
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