Degree of Risk. Transactions in options carry a high degree of risk. Purchasers and sellers of options should familiarize themselves with the type of option (i.e. put or call) which they contemplate trading and the associated risks. You should calculate the extent to which the value of the options must increase for your position to become profitable, taking into account the premium and all transactions costs. The purchaser of options may offset or exercise the options or allow the options to expire. The exercise of an option results either in a cash settlement or in the purchaser acquiring or delivering the underlying interest. If the option is on a future, the purchaser will acquire a futures position with associated liabilities for margin (see the section of Futures above). If the purchased options expire worthless, you will suffer a total loss of your investment which will consist of the option premium plus transaction costs. If you are contemplating purchasing deep-out-of-the-money options, you should be aware that the chance of such options becoming profitable ordinarily is remote. Selling ("writing" or "granting") an option generally entails considerably greater risk than purchasing options. Although the premium received by the seller is fixed, the seller may sustain a loss well in excess of that amount. The seller will be liable for additional margin to maintain the position if the market moves unfavourably. The seller will also be exposed to the risk of the purchaser exercising the option and the seller will be obligated to either settle the option in cash or to acquire or deliver the underlying interest. If the option is on a future, the seller will acquire a position in a future with associated liabilities for margin (see the section on Futures above). If the option is "covered" by the seller holding a corresponding position in the underlying interests or a future or another option, the risk may be reduced. If the option is not covered, the risk of loss can be unlimited. Certain exchanges in some jurisdictions permit deferred payment of the option premium, exposing the purchaser to liability for margin payments not exceeding the amount of the premium. The purchaser is still subject to the risk of losing the premium and transaction costs. When the option is exercised or expires, the purchaser is responsible for any unpaid premium outstanding at that time.
Degree of Risk. 1. Discuss the location of the project in relation to areas of moderate, high, or very high fire hazard severity zone as identified by the latest Fire and Resource Assessment Program maps. Fire hazard severity zone maps by county can be accessed at: xxxx://xxx.xxxx.xx.
Degree of Risk. 1. Discuss the location of the project in relation to areas of moderate, high, or very high fire hazard severity zone as identified by the latest Fire and Resource Assessment Program maps. Fire hazard severity zone maps by county can be accessed at: xxxx://xxx.xxxx.xx.xxx/fire_prevention/fire_prevention_wildland_zones_maps.php All four communities in the project area are identified as either Very High or High in the CAFFIRE Fire Hazard Severity Zone Map. The communities are surrounded by public lands that also have the Very High or High Risk rating.
2. Describe the geographic proximity of the project to structures at risk to damage from wildfire in the WUI. (Please type in blank space below. Please note there is no space limitations). This project is located within and immediately adjacent to structures at risk from wildfires in the Wildland Urban Interface (WUI) zone. These narrow roads crisscross the terrain and have structures on the uphill and downhill sides. The fuel reduction actions will not only provide tactical benefits utilizing the roadways but reduce fuels around and adjacent to individual structures and within the community as whole.
Degree of Risk. 1. Discuss the location of the project in relation to areas of moderate, high, or very high fire hazard severity zone as identified by the latest Fire and Resource Assessment Program maps. Fire hazard severity zone maps by county can be accessed at: xxxx://xxx.xxxx.xx.xxx/fire_prevention/fire_prevention_wildland_zones_maps.php
2. Describe the geographic proximity of the project to structures at risk to damage from wildfire in the WUI. (Please type in blank space below. Please note there is no space limitations).
1. The project goal is to mitigate the risk of fire starts and reduce the risk of wildfire by addressing the behavior of people. The specific populations this program is targeting pose the highest risk to fire starts through their actions, activities and careless or illegal behavior. The educational components of the program focus on physical locations that are designated as “High” and “Very High” fire hazard severity zones (VHZ) as identified in the FRAP maps. The fixed/permanent signage we will install is specifically set for the entry points of seven Riverside County areas with VHZ designation. The fixed signs will notify the public if the area is open or temporarily closed and that they will be held liable for their actions. The mobile signs will be deployed to inform residents and visitors in specific areas of the highest fire risk during specific times such as Santa Xxx wind events. (Please note that the mobile signs are planned to be a part of this program, however we are not seeking grant funding them these items at this time. Although we do not currently have departmental budget for these items, we are currently in search of funding for this important component of our proposed program.)
2. The target areas referenced above are all geographically located within close proximity to structures that are at risk to damage from wildfire in the WUI in which they are located.
Degree of Risk. 1. Discuss the location of the project in relation to areas of moderate, high, or very high fire hazard severity zone as identified by the latest Fire and Resource Assessment Program maps. Fire hazard severity zone maps by county can be accessed at: xxxx://xxx.xxxx.xx.xxx/fire_prevention/fire_prevention_wildland_zones_maps.php
2. Describe the geographic proximity of the project to structures at risk to damage from wildfire in the WUI. (Please type in blank space below. Please note there is no space limitations). The proposed project has direct impact on moderate, high and very high severity zones. There are hundreds of structures in the proposed project area and immediately surrounding the area. Additionally, there are thousands of homes within potential spotting distance if a fire were to establish within the project area. Many of the property owners within the area have actively been engaged in reducing the fire threat in and around their homes. This would expand upon the work that has already been done by those community members.
Degree of Risk. 1. Discuss the location of the project in relation to areas of moderate, high, or very high fire hazard severity zone as identified by the latest Fire and Resource Assessment Program maps. Fire hazard severity zone maps by county can be accessed at: xxxx://xxx.xxxx.xx.xxx/fire_prevention/fire_prevention_wildland_zones_maps.php Almost the entire project area and surrounding areas are designated as a High severity zone. Communities immediately adjacent to the project are designated as Moderate, High, and Very High severity zones.
2. Describe the geographic proximity of the project to structures at risk to damage from wildfire. (Please type in blank space below. Please note there is no space limitations). Hundreds of habitable structures at risk are within half of a mile from the project. Additionally, there are thousands of additional homes within potential spotting distance if a fire were ever to become established along the ridgeline where the project is located.
Degree of Risk. That (i) it has been called to the Purchaser's attention by those individuals with whom the Purchaser has dealt in connection with an investment in the Corporation, that the Purchaser's investment in the Corporation is speculative and involves a high degree of risk of loss by the Purchaser of the Purchaser's entire investment in the Corporation and that the Purchaser must bear the economic risk of such investment for an indefinite period of time, (ii) the Purchaser is aware that no guarantees have been or can be made respecting the future value, if any, of the Preferred Shares and the Purchaser Warrants or the profitability or success of the business of the Corporation, and (iii) no assurances are or have been made concerning the distribution by the Corporation of dividends to the Purchaser of the Preferred Shares.
Degree of Risk. The Purchaser recognizes that the Purchaser's investment in the Units and the Underlying Securities involves a high degree of risk which may result in the loss of the total amount of the Purchaser's investment. The Purchaser acknowledges that the Purchaser has carefully considered all risks incident to the purchase of the Units and the Underlying Securities and set forth in the Term Sheet and that the Purchaser has been advised and is fully aware that the business of the Company is highly speculative and involves a high degree of risk.
