ADMA Biologics announced earlier that it has elected to draw-down
$27.5M from its existing credit agreement with Perceptive Advisors and each of the company and Perceptive Advisors entered into an amendment to the original credit agreement, providing for an upsized, additional funding tranche commitment by Perceptive Advisors available to ADMA upon the achievement of the United States Food and Drug Administration approval of Bivgam.
Concerns over FSL's increased leverage position and debt burden following the draw-down
of the series 2013 A bonds are partially mitigated by the fast amortization of the series 2013B bonds, which has approximately $3-5 million in principal amortized annually.
'If the draw-down
continues, we may reach critical levels by June,' Badilla added in Filipino, though he noted the decreased water levels in dams was normal during summer.
This could be through a lump sum withdrawal beyond the 25% tax-free provision; taking an income through flexi-access income draw-down
; or income in excess of the limit in capped draw-down
Last year, Montgomeryshire's AM, Russell George, convened a meeting with representatives from Natural Resources Wales, the Environment Agency and Severn Trent Water to discuss the matter and following the meeting, it was agreed that a review of draw-down
procedures for both Llyn Clywedog and Lake Vyrnwy would take place.
"Remember that only the first 25% of any pension pot draw-down
is tax-free, so factor in paying income tax on the rest and avoid pushing yourself into a higher tax bracket "Consider bite-size chunks of funding to gradually build your business, add necessary equipment and support cash-flow - each draw-down
then qualifies for 25% tax free.
In addition, Hercules received a warrant exercisable for a total of 194,986 shares of Celsion's common stock at a per share exercise price of USD3.59, with 50% immediately exercisable and the remaining 50% exercisable upon Hercules' funding of this USD5m draw-down
. The Hercules warrant will expire 25 November 2018.
"Now that we have an improved understanding of the mechanisms for carbon draw-down
we are better placed to understand the effects of changing climate and future carbon absorption by the ocean," stated Dr Sallee.
The Prime Minister said as the draw-down
of the NATO and ISAF forces gets underway, Pakistan wanted to facilitate the process in the interest of regional peace and stability.
Nada Farid, an economist with Beltone Research, said she expected the draw-down
in reserves to remain relatively slow over the coming few months.
BRITAIN is on course for the planned draw-down
of combat troops in Afghanistan by the end of 2014, the Defence Secretary said yesterday.
should yet be a draw-down
of strategic member stocks in view of the Libyan