Furthermore, Bair said, any participating depository institution will be able to provide full deposit insurance coverage for non-interest-bearing
deposit transaction accounts, regardless of dollar amount.
Why then do so many choose the non-interest-bearing
Note: the accounts receivable in the TAM were non-interest-bearing
It is hoped that the IRS will consider allowing the establishment of a non-interest-bearing
account receivable tied to filing the return on which the taxpayer-initiated adjustment is reflected.
On January 31, 2005, Ravelston, Argus' parent, loaned $251,703 to Argus on a non-interest-bearing
basis in order to allow Argus to pay dividends on February 1, 2005 to its holders of Class A and Class B Preference Shares.
In connection with the acquisition, a $10,000,000 non-interest-bearing
seven-year Promissory Note was issued.
TORONTO -- Urbana Corporation ("Urbana") (TSX VENTURE:URB) is pleased to announce that it has received a non-interest-bearing
loan of $1,494,936 from Caldwell Financial Ltd.
Of the approximately $91 million in acquired deposits, 53% are in NOW, savings and money market accounts, 17% are non-interest-bearing
deposits and 30% are time certificates.
3 million, depending upon future earnings performance of the acquired business which amount will be satisfied by way of the issuance of non-interest-bearing
promissory notes re-payable in equal monthly installments over a two year period commencing in early 2004.
The consideration for the proposed acquisition consists of 350,000 shares of Applied Microsystems' common stock plus a $200,000 non-interest-bearing
note due two years after the closing date.
a) In addition to standard business checking service, the e/Business Checking Account, a non-interest-bearing
corporate account, offers the added time-saving convenience of online banking, the ability to generate expense reports and to track cleared payments, itemize transactions and prepare taxes.
On the liability side of the balance sheet, the company achieved strong growth in non-interest-bearing
demand deposits, which increased by 10 percent at Dec.