Examples of Eighteen-Month Exception in a sentence
As at 31 July 2008, TORM had hedged 83% of the remaining earning days in the Bulk Division at USD 50,039 per day.• TORM has sold TORM Gotland in the third quarter, leading to an upgrade of the full-year profit forecast on 18 July 2008 (announcement no.
Expenditure Exceptions The "Six-Month Exception" to rebate is set forth in subsection (a) below and the "Eighteen-Month Exception" to rebate is set forth in subsection (b) below.
Any failure to satisfy the final spending requirement of the Eighteen-Month Exception is disregarded if the NVTA exercises due diligence to complete the project and the amount of the failure does not exceed the lesser of three percent (3%) of the issue price of the Tax Exempt Bonds and $250,000.