The second exception is the write-down
of "subnormal goods.
The result is a larger write-down
of these assets than initially anticipated.
The Company recorded a write-down
on current ginseng crops of $2.
The balance of the restructuring charge includes a write-down
of a note receivable for discontinued underwriting operations, a special reserve for closing an unprofitable operation, and write-downs
of acquisition-related intangibles.
include $41 million aftertax on the hydrotreater project at Unocal's Los Angeles refinery in Wilmington, Calif.
It is expected that losses will result in the full write-down
of class M-2 in the very near future, at which time class M-1 will encounter write-downs
as a result of monthly losses.
AGCO's plan to restructure its Randers manufacturing operations, including the expected cost savings and costs and write-downs
attendant thereto, are forward looking statements.
The Yes option is more appropriate for structures that incorporate the concept of multiplicity of credit events or partial write-downs
of reference obligations, as most do.
Series 2001-A Group 1 has had no OC since the May 2003 distribution, and class BF has taken further write-downs
, with an ending balance of $67,071.
However, Standard & Poor's does not anticipate any further material write-downs
that would jeopardize the profitability of Principal's residential mortgage banking business in 2004.
The holders of the Notes provided consent to modify the definition of "Consolidated Net Worth" to add back up to $100 million of non-cash write-downs
recorded by Methanex from January 1, 2002 to September 30, 2003, and up to an additional $100 million of non-cash write-downs
recorded by Methanex after September 30, 2003.
The proposed amendment to the Indenture would modify the definition of "Consolidated Net Worth" to add back non-cash write-downs
of up to US$100 million recorded from January 1, 2002 to September 30, 2003, and non-cash write-downs
of up to an additional US$100 million recorded after September 30, 2003.