Result. The term of the Agreement as extended is not further extended, and expires on the fifth anniversary of the Commencement Date.
Result. The term of the Agreement is not extended, and expires on the third anniversary of the Commencement Date. Example 3:
Result. The PFI or Servicer must obtain and maintain fidelity insurance in its own name for at least $3.5 million with a maximum deductible of $300,000, in addition to the coverage maintained by the parent organization.
Result. The system will display the completed record(s) on the list
Result. A $34 Insufficient Funds Fee was not charged because your account balance is overdrawn by $50 or less at the end of the business day.
Result. Effective as of the second anniversary of the Commencement Date, the term of the Agreement is extended 12 months, so that it will expire on the fourth anniversary of the Commencement Date unless further extended in accordance with the provisions of Paragraph 2 of the Agreement.
Result. Increase First to second year retention rates of first-time, degree-seeking, non-college ready student population
Result. Increase first to second year retention rates of the college ready cohort
Result. Increase the number of certificates and degrees awarded
Result. (A) As a result of FSX’s assump- tion of the FBX liabilities, including the ac- crued salary expense, a portion of the dual consolidated loss is available for a foreign use in year 2. This is the case because the de- duction that was taken into account in year 1 in computing the dual consolidated loss under U.S. tax principles will, under Country X tax law, be taken into account and will be available to offset the income of FSX, a for- eign corporation, in year 2. However, because this item of expense is made available solely as a result of the assumption of a liability of FBX, and such liability was incurred in the ordinary course of FBX’s trade or business, there will not be a foreign use of the year 1 dual consolidated loss pursuant to § 1.1503(d)– 3(c)(7).
(B) The transfer of all the assets of FBX to FSX is a triggering event under § 1.1503(d)– 6(e)(1)(iv), unless P can rebut the triggering event under § 1.1503(d)–6(e)(2). For purposes of determining whether, under § 1.1503(d)– 6(e)(2)(ii), the transfer of assets resulted in a carryover under foreign law of FBX’s losses, expenses, or deductions, the exception to for- eign use for the assumption of liabilities is taken into account. However, the other ex- ceptions to foreign use do not apply for this purpose (or for purposes of demonstrating that no foreign use of a dual consolidated loss can occur in any other year under § 1.1503(d)–6(c), (e)(2)(i) or (j)(2)). See
§ 1. 1503(d)–3(c)(1). Provided the other require- ments of § 1.1503(d)–6(e)(2)(ii) and (iii) are sat- isfied, P may be able to rebut the occurrence of a triggering event upon the transfer of FBX’s assets to FSX.
