Assignment of the negative outlook reflects Moody's expectation that revenues may not be able to keep pace with expenditures over the near-term, reducing available reserves
to a level inconsistent with the A2 category," according to Moody's report issued Thursday.
PASSAGE OF ADDITIONAL MILLAGE CRUCIAL TO OPERATIONS: The downgrades and Rating Watch Negative reflect Fitch's concerns that without the passage of an additional millage, debt service payments for the special assessment bonds will deplete available reserves
and significantly increase the probability of a default.
The Bank has hiked this month's available reserves
for banks by 6%to pounds 17.
The website's available reserves
sold out faster than its previous pre-order copies of the Harry Potter books and the Coldplay album.
Housing agencies were directed to report to HUD their available reserves
as of January 31, 2003.
The reserves disaster knocked more than pounds 8billion off the oil giant's stockmarket value and saw available reserves
shrink from more than 13 years' worth to just 11.
SANTA CLARITA - California's Independent System Operator has declared a Stage 3 alert, and utilities have begun temporary curtailments in an attempt to manage the available reserves
While reinsurers were able to cushion this emerging adverse development in the more recent accident years with available prior-year redundancies, most companies in 1999 elected to refrain from further harvesting of these available reserves
and instead returned to more prudent practices.
Less than half of the world's originally available reserves
have been produced as yet.
91 TC 265 (1988), that Sec 593 "grants wide latitude and complete discretion to taxpayers to decide the amount of available reserves
they wish to claim in any year, not to exceed the statute's limits.
As available reserves
of nickel and copper begin to deplete, Falconbridge Ltd.
Immediately available reserves
at the Hislop East property were estimated in late 1990 at 285,000 tons of ore grading at .