periods exist under American patent law, although the grace periods
When Available: A large majority of those offering the grace periods
will make them available this year, with large majority offering them for the maximum amount of time:
That's why there's no grace period
on filing a tax return, for example.
26 /PRNewswire/ -- Aetna Life & Casualty Company (NYSE: AET) announced today it is extending the payment grace period
to all of its personal insurance policyholders living in the region affected by the recent California earthquake.
In addition, if the government fails to cure its missed coupon payment on the 2006 bond due March 27, prior to the expiration of the 30-day grace period
, the ratings will be lowered to default.
NASDAQ: DSLN), a leading nationwide provider of broadband communications services to businesses, today announced that it has been advised by the Nasdaq that the Company has received an additional extension of the grace period
for regaining compliance with the Nasdaq SmallCap Market's minimum bid price rule, which is required for continued listing.
It has already been afforded two 180-day grace periods
under NASDAQ's existing rules, and an additional 90-day grace period
which is scheduled to expire October 27, 2003.
Recent college graduates who consolidate their student loans in the next few weeks -- during their grace period
-- can lock in fixed interest rates as low as 2.
Additional grace periods
may be available thereafter if Nasdaq's proposed rule changes are adopted.
On the SmallCap Market, however, Next Level would be eligible for additional grace periods
, ending as late as October 11, 2003, to achieve compliance with the minimum closing bid requirements.
If MTI has not met the minimum bid price requirement at the expiration of all grace periods
, the common stock may be subject to delisting from the SmallCap Market, in which event MTI's securities might be quoted in the over-the-counter market.
United Airlines (NYSE:UAL) announced that it will be relying on the grace periods
included in certain debt obligations due to be repaid today, including $375 million in enhanced equipment trust certificates (EETC) and the approximately $500 million owed to Kreditanstalt fur Wiederaufbau (KfW), which is due today as a result of the failure to meet all of the conditions to a further extension of the repayment obligation.