The grace period
shall be fixed at the rate of one-month grace period
for every year of installment payments made.
The Company believes it is in the best interests of all stakeholders to use the grace period
to continue discussions with its debtholders regarding strategic alternatives to improve Nuverra's long-term capital structure.
The first major upstream oil and gas bankruptcy filing of the year could occur this week as SandRidge Energy, Venoco and Energy XXI Ltd reach the end of grace periods
following millions in missed interest payments.
There is currently a six-month grace period
between the expiry date of a certificate and the date needed to attend a refresher course, but come the new year that's all about to change.
Dubai - UAE telecom service provider etisalat will cut service to customers after a 15-day grace period
following their bill's due date, according to an etisalat statement quoted in an Arabic newspaper.
The ministry had announced a grace period
of six months, divided into three phases of two months each, from January 4 to June 30 for employers and companies who failed to issue or renew labour cards for their employees to come forward and settle their fines.
Almost identical to measures it announced a year ago, Bank of Cyprus said that unemployed borrowers with a home worth less than e1/4250,000 can apply for a grace period
of 15 months, while presenting proof of their financial status they can pay a symbolic monthly repayment of e1/410 and if they remain out of work, the agreement can be extended for a further 12 months to the end of 2017.
Clients with housing loans who lost over 25 per cent of their family income and their house value does not exceed e1/4250,000 can request a 15-month grace period
during which they will pay e1/430 per month.
Both ministries had for months urged all foreigners in the kingdom to make sure that their status was in accordance with the rules and regulations in the given grace period
The Saudi Press Agency citing the royal order said the original three-month grace period
, which ends on July 4, will be extended to the end of the current Hijra year 1434, equivalent to November 4, 2013.
Jeddah, Sha'ban 23, 1434, Jul 2, 2013, SPA -- The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud, has directed to extend the grace period
for correcting the status of violating workers until the end of the current Hijri year 1434 AH as a maximum period.
Jeddah: July 2 -- (BNA)-- The Custodian of the Two Holy Mosques, King Abdullah bin Abdul-Aziz Al Saud, has directed an extension of the grace period
for correcting the status of violating workers until the end of the current year Hijri 1434 H as a maximum period, according to the sisterly Saudi News Agency (SPA).
The Saudi Fund will extend $15 million loan for 25 years with a grace period
of 5 years at 1% per annum.
As the grace period
shrinks, however, increasingly-frequent messages appear on the screen.
isolates four elements of a typical grace period
and then explores how