CoreLogic Solutions LLC partially answered the question: The PTAB is willing to proceed
to a final decision -- possibly cancelling the relevant claims -- even after the parties jointly moved to terminate.
Fusion is commercializing FloSeal and Proceed
for controlling bleeding in a variety of settings in which conventional means of achieving hemostasis--such as sutures, staples, topical hemostats, or fibrin glues-are impractical or generally do not work effectively.
The law also provides that upon the sale of a condominium unit, all unpaid common charges shall be paid out of the sale proceeds
by the grantee (the new owner of the property).
If the corporation is a C corporation rather than an S corporation, the collection of life insurance proceeds
may trigger an alternative minimum tax (AMT) that could be as much as 15% of the proceeds
The net proceeds
of the Offering are expected to be used for general corporate purposes.
Under the transfer-for-value rule, if a policy (or any interest in a policy) is transferred for a valuable consideration, the death proceeds
will generally be excludible from income only to the extent of the consideration paid by the transferee, plus the net premiums paid by the transferee after the transfer (Sec.
This release contains forward-looking statements regarding the amount of proceeds
expected to be received from the offering, the expected timing of the closing of the offering, Targeted Genetics' expected use of these proceeds
and other statements about Targeted Genetics' plans, objectives, intentions and expectations.
33 TC 671 (1960), loan fees do not have their origin in the subsequent transaction in which the taxpayer uses the loan proceeds
to acquire other property.
The Agent will have the option, exercisable at any time up to 48 hours prior to the closing of the Private Placement, to increase the size of the Private Placement by up to an additional 9,000,000 Subscription Receipts for additional aggregate gross proceeds
If the debt proceeds
are used to buy inventory, the interest expense on the loan is a business expense.
During the reinvestment period, once the preference share noteholders have achieved a 15% annualized coupon, 25% of the excess interest proceeds
will be used to redeem class B notes if the portfolio WARF is less than 3.
As a general rule, the proceeds
are not includable in the primary beneficiary's estate unless she has a general power of appointment over the proceeds
(see Q 666, Q 678) or unless she was the insured's surviving spouse and has a "qualifying income interest for life" in proceeds
as to which the marital deduction was allowed (see Q 665).