A high overall cover will ensure transaction covenants can be complied with because of the availability of unencumbered
shares as top-ups to avoid pledge invocation.
Also, once all collateral release documentation is completed, this will expand the company's pool of unencumbered
vessels to 37, from the 32 reported earlier in January 2019.
The company's unencumbered
pool includes a number of trophy assets that should facilitate raising large amounts of secured mortgage debt capital relatively quickly if needed to meet obligations in a stressed economic and capital markets environment.
To proceed with the auction, the top court had asked the Unitech realtors to furnish a complete list of its unencumbered
assets in India and abroad including the details of personal assets of the company's promoters.
And from there, when individuals live a life unencumbered
by false needs, real communities are made, resulting in empowerment.
New Charter's long-term borrowing capacity is restricted due to its low level of unencumbered
Prosensa will now have the complete, unencumbered
rights to continue the development of drisapersen and each of its Duchenne muscular dystrophy programmes.
Upon retiring these loans, the company increased its total unencumbered
pool of assets from 63 to 114.
16, 2010, full and unencumbered
ownership of the properties has been returned to Corvus Gold.
It's good news that we're able to live and work longer, but the new 40 year olds will benefit from age-appropriate lighting design unencumbered
by ASHRAE's restrictive wattage limitations.
According to the company, the Revolving Credit Facility Amendment No 3 allows the company to add eligible unencumbered
international assets to the borrowing base in support of its outstanding unsecured debt.
"The operational resilience and the ultimate recovery of the industrial REIT sector may simply depend on permanently moving 'back to basics,' which includes focusing on liquidity; adopting more conservative capital structures; maintaining high-quality, unencumbered
portfolios; enhancing operational efficiency; and implementing cost-saving initiatives," Kibel said.