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pending radiolabelling of carrier molecules, specifically developed and authorised for radiolabelling with this radionuclide
developed and authorised for radiolabelling with this radionuclide
pending determination of the tariffs in accordance with the provisions of this article, the tariffs already in force shall prevail.
pending determination of the tariffs in accordance with the provisions of this article, the tariffs already in force shall prevail.
pending the entry into effect of this rule book with regard to the euronext markets for derivatives, the following transitional rules shall apply :
pending the entry into effect of this rule book with regard to the euronext markets for derivatives, the following transitional rules shall apply :
in continuous trading, the member who entered the order that triggered the interruption shall be allowed a time window to confirm the pending balance of its order.
in continuous trading, the member who entered the order that triggered the interruption shall be allowed a time window to confirm the pending balance of its order.
1902 pending the connection of the euronext markets for securities operated by euronext amsterdam to the euronext trading platform for securities, the following transitional rules shall apply :
1902 pending the connection of the euronext markets for securities operated by euronext amsterdam to the euronext trading platform for securities, the following transitional rules shall apply :
pending its entry into force, the government of the kingdom of norway shall ensure that « statoil » fulfils its obligations in accordance with this agreement.
pending its entry into force, the government of the kingdom of norway shall ensure that « statoil » fulfils its obligations in accordance with this agreement.
9001 pending the interconnection of the euronext markets for derivatives through the euronext trading platform for derivatives, membership of and trading on the euronext market for derivatives operated by euronext brussels shall be governed by the rules set forth in the following royal and ministerial decrees :
9001 pending the interconnection of the euronext markets for derivatives through the euronext trading platform for derivatives, membership of and trading on the euronext market for derivatives operated by euronext brussels shall be governed by the rules set forth in the following royal and ministerial decrees :
taking into consideration pending commitments and additional commitments expected in the last quarter of 2004, by year end only €9 345 million will remain uncommitted or on average €3 115 million per year over the remaining period of the 9th edf.
taking into consideration pending commitments and additional commitments expected in the last quarter of 2004, by year end only €9 345 million will remain uncommitted or on average €3 115 million per year over the remaining period of the 9th edf.
(246) een verslag van jp morgan van 2 december 2002 lijkt ook te bevestigen dat france télécom, zonder de ruggensteun van de staat, niet in staat was geweest nieuw kapitaal op de markt aan te trekken om haar schuld te herfinancieren. het verslag merkt op: "we continue to view ft’s risk/reward profile as unattractive pending the outcome of a strategy review. […] although we see significant scope for ft to cut costs and deliver a compelling yield and even though the ceo has strong track record execution, the government role in giving ft the flexibility it requires is pivotal. in the meantime, liquidity risk remains and in our view, a right issue is a matter of when not if. […] the government’s role will again be pivotal in refinancing and reducing this debt. however it is liquidity or refinancing risk that is the near-term focus of ft and rating agencies alike, with a daunting refinancing schedule ahead in 2003. […] this would be impossible without government intervention — even ft acknowledged this in its q3 conference call." (nadruk toegevoegd) (eigen vert.: "wij blijven het risico-/rendementsprofiel van france télécom als onaantrekkelijk beschouwen in afwachting van de uitkomst van een herziening van de strategie. (…) ook al zien we aanzienlijke mogelijkheden bij france télécom om op kosten te besparen en een aantrekkelijk rendement te verwezenlijken, en zelfs al kan de bestuursvoorzitter qua prestaties een goeie trackrecord presenteren, toch draait alles rond de vraag of de regering france télécom de flexibiliteit geeft die de onderneming nodig heeft. (…) ondertussen blijft het liquiditeitsrisico bestaan en volgens ons is het terecht een probleem, niet van óf, maar van wanneer. (…) de regering zal ook een doorslaggevende rol spelen bij de herfinanciering en vermindering van de schuld. toch moeten zowel france télécom als de ratingbureaus op de korte termijn vooral oog hebben voor het liquiditeits-of herfinancieringsrisico, zeker met een beangstigende reeks vervaldagen in 2003 in het vooruitzicht. (…) zonder de tussenbeidekomst van de regering zou dit onmogelijk zijn — france télécom erkende dit zelf op haar q3 conference call.").
(246) un rapport de jp morgan en date du 2 décembre 2002 semble aussi confirmer que, sans le soutien de l'État, ft n'aurait pas été capable d'obtenir de nouveaux capitaux sur le marché pour refinancer sa dette. le rapport précise que: "nous continuons à voir le profile de ft en terme de risque/rémunération comme non attractif en attendant le résultat d'une révision stratégique. […] bien que nous voyions une importante capacité pour ft de réduire ses coûts et produire un rendement très important et même si le pdg a une solide réputation, le rôle du gouvernement est central pour donner à ft la flexibilité dont elle a besoin. pendant ce temps, le risque de liquidité perdure et, selon nous, une augmentation de capital n'est qu'une question de temps. […] le rôle du gouvernement sera encore central dans le refinancement et la réduction de la dette. cependant, face à des échéances de refinancement décourageantes pour l'année 2003, ft et les agences de notation se sont focalisées à court terme sur les risques de liquidité et de refinancement de l'entreprise. cela serait impossible sans l'intervention du gouvernement — même france télécom l'a reconnu lors de sa conférence téléphonique du troisième trimestre". ("we continue to view ft's risk/reward profile as unattractive pending the outcome of a strategy review. […] although we see significant scope for ft to cut costs and deliver a compelling yield and even though the ceo has strong track record execution, the government role in giving ft the flexibility it requires is pivotal. in the meantime, liquidity risk remains and in our view, a right issue is a matter of when not if. […] the government's role will again be pivotal in refinancing and reducing this debt. however it is liquidity or refinancing risk that is the near-term focus of ft and rating agencies alike, with a daunting refinancing schedule ahead in 2003. […] this would be impossible without government intervention — even ft acknowledged this in its q3 conference call") (soulignement ajouté).
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