However, the newspaper exposes that the Civil Administration's decision will be implemented mandatorily
and not in coordination.
125 billion of subordinated notes mandatorily
exchangeable by ING into NN Group shares in three tranches.
Namely, leader Ahmeti did not forget this year "to mandatorily
be reminded of NLA's fighters because the foundations of the future are built over their blood," but Ahmeti failed to say that their status must be solved mandatorily
Ahli United Bank will convert IFC Capitalization Fund Mandatorily
Convertible Preference Shares (MCPS) into Common Shares at 74.
As a result of the stockholder approval, each share of the Company's Mandatorily
Convertible Non-Cumulative Perpetual Preferred Stock, Series D outstanding will automatically convert into 20 shares of Common Stock as of the close of business on the mandatory conversion date, or December 22, 2010.
The second proposal has approved the issuance of shares of company common stock in connection with the conversion of the company's Mandatorily
Convertible Cumulative Participating Preferred Stock, Series-A and Mandatorily
Convertible Cumulative Participating Preferred Stock, Series-B into company common stock in accordance with the preferred stock's terms.
A financial accounting standard (known as FAS 150) that would have been detrimental to closely held contracting companies by requiring them to account for mandatorily
redeemable shares on their income statements as a liability has been "indefinitely delayed.
It also would eliminate provisions allowing an entity to rebut the presumption that contracts with the option of settling in either cash or stock will be settled in stock and require that shares that will be issued upon conversion of a mandatorily
convertible security be included in the weighted-average number of ordinary shares outstanding used in computing basic earnings per share from the date that conversion becomes mandatory.
But then, in the '70s, investment bankers invented mandatorily
redeemable preferred stock--preferred stock that had to be redeemed by the issuing company in, say, 10 years.
It also requires disclosures about alternative ways of settling the instruments and the capital structure of entities, all of whose shares are mandatorily
redeemable shares, where the issuing company is obligated to buy back shares in exchange for cash or assets.
7701-3, the check-the-box regulations, a business entity not mandatorily
classified as a corporation may elect a classification for Federal tax purposes An eligible entity with at least two members is autonmtically classified as a partnership unless it elects to be taxed as a corporation.