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since the debt level of the tote would be lower than if the racing trust had to pay the true market value, it would enjoy greater facility to borrow from capital markets for upcoming investment programmes, competing directly with the established bookmakers.
since the debt level of the tote would be lower than if the racing trust had to pay the true market value, it would enjoy greater facility to borrow from capital markets for upcoming investment programmes, competing directly with the established bookmakers.
Última actualización: 2014-10-23
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it has neither been demonstrated that the smooth transition from a statutory monopoly situation to full competition could not be achieved by requesting racing to pay the full market price, nor has it been demonstrated that the aid resulting from the sales transaction actually leads to a long-term decrease of state support for the racing industry.
it has neither been demonstrated that the smooth transition from a statutory monopoly situation to full competition could not be achieved by requesting racing to pay the full market price, nor has it been demonstrated that the aid resulting from the sales transaction actually leads to a long-term decrease of state support for the racing industry.
Última actualización: 2014-10-23
Frecuencia de uso: 1
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[21] assuming the tenant undertook to pay the usual tenant's share and to bear the costs of the repairs and insurance and other expenses (if any) necessary to maintain the hereditament in a state to command rent.
[21] assuming the tenant undertook to pay the usual tenant's share and to bear the costs of the repairs and insurance and other expenses (if any) necessary to maintain the hereditament in a state to command rent.
Última actualización: 2014-10-23
Frecuencia de uso: 1
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