These fleet management companies (FMCs) provide financing and driver and vehicle-re- lated services to their customers. Typically, FMCs have either a dealership or rental background. We...
Any conversation with a fleet management professional at some point turns to fully depreciated vehicles. The phrase that’s most often used is “It’s already paid for”. Another popular phrase comes to mind that describes this scenario even better. “There’s no such thing as a free lunch”. Webster’s dictionary defines depreciation as systematically distributing or allocating the cost or other basic value of a fixed asset over its estimated useful life. For the purposes of this discussion, we’ll focus on the estimation element. We ...
agreed to sell the bulk of its vehicle fleet-management business to Canada’s Element Financial Corp. for $6.9 billion as the U.S. company accelerates the disposal of finance operations. Element will acquire GE Capital’s fleet assets in the U.S., Mexico, Australia and New Zealand, the U.S. maker of turbines and medical scanners said in a statement. Separately, GE signed a provisional accord with Arval, a subsidiary of BNP Paribas, to sell the European portions of the business. ...
, Page ; PROSPECTUS SUMMARY, 1 ; RISK FACTORS, 10 ; SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS, 30 ; USE OF PROCEEDS, 32 ; DIVIDEND POLICY, 33 ; CAPITALIZATION, 34 ; DILUTION, 35 ; MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS, 36 ; BUSINESS, 56 ; REGULATIONS, 82 ; MANAGEMENT, 88 ; DIRECTOR AND EXECUTIVE COMPENSATION, 97 ; PRINCIPAL SHAREHOLDERS, 98 ; RELATED-PARTY TRANSACTIONS, 100 ; SECURITIES ELIGIBLE FOR FUTURE SALE, 101 ; DESCRIPTION OF SHARE CAPITAL, 102 ; MATERIAL INCOME TAX CONSIDERATION, 112 ; ENFORCEABILITY OF CIVIL LIABILITIES, 119 ; PLAN OF DISTRIBUTION, 121 ; EXPENSES RELATING TO THIS OFFERING, 122 ; LEGAL MATTERS, 122 ; EXPERTS, 122 ; WHERE YOU CAN FIND MORE INFORMATION, 122 ; INDEX TO FINANCIAL STATEMENTS, F-1
170 TRP Fund VI, LLC v. PHH Mortg. Corp. the page limit. In the stay motion, TRP Fund asserted that it was “clearly impracticable” to seek a stay pending appeal in the district court as...
(NYSE: ONIT) ("Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC ("Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation ("PHH”), plans to offer $475 million aggregate principal amount of Senior Notes due 2029 (the "Notes”), subject to market and other conditions. The Notes will initially be issued by Escrow Issuer. The net proceeds from the sale of the Notes, together with additional c ...
ICA Filing Type · Investor Country of Origin · Investor Country of Ultimate Control
UNITED STATES · SECURITIES AND EXCHANGE COMMISSION · WASHINGTON, D.C. 20549 · FORM 8-K · CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) · OF THE SECURITIES EXCHANGE ACT OF 1934 · Date of Report: May 13, 2009 · (Date of earliest event reported) · INTERNATIONAL BUSINESS MACHINES CORPORATION · (Exact name of registrant as specified in its charter)
WEST PALM BEACH, FL—Onity Group Inc. (NYSE:ONIT), a mortgage servicing firm, announced an extension of its subservicing agreements with Rithm Capital Corp. The extension, agreed upon on Monday, will prolong the current terms until February 1, 2025. In May 2022, Onity initially amended its servicing and subservicing agreements with Rithm affiliates, setting the terms to end on December 31, 2023, with provisions for automatic one-year renewals. Onity was required to give a six-month notice for t...
At this time of year when we’re all evaluating capital expenditures, developing strategies to meet new objectives and “stretch” targets, and trying to determine how to best allocate scarce allotments of time, money, and human resources, it’s a wonderful time to look at vehicle cost and performance and to take steps towards a healthier fleet in 2015. Total Cost of Ownership or TCO is one of the hottest buzzwords in the fleet management industry. It’s also the best, most comprehensive way to look at your vehicle fleet’s overall health ...