The principal amount of the old mortgage bonds that were due on October 1, 1936, was $ 2, 192, 100 and the net salvage value of the mortgaged assets were given as $ 342, 210, leaving a first mortgage deficiency of $ 1, 649, 790.
32.
As the persons available to serve as arbitrators usually had ties to the wrecking industry, if not a direct business relationship with the wreck master and / or the owners of the wrecking vessels, the process was often abused, with awards as high as 90 % of the salvaged value.
33.
Lorin Dodd, manager of the nuclear systems department at Battelle Memorial Institute, a backer of the project, said the sponsors would use $ 50 million to $ 100 million from bond sales-- the salvage value of the plants-- to buy Units 1 and 3, and $ 3.4 billion to finish them.
34.
Lorin Dodd, manager of the nuclear systems department at Battelle Memorial Institute, a backer of the project, said the sponsors would use $ 50 million to $ 100 million from bond sales-- the salvage value of the plants-- to buy Units 1 and 3, and $ 3 . 4 billion to finish them.
35.
On May 17, 1962, the request was approved under the condition that no buyer stepped forward within 35 days . Both the Illinois regulators and an association of commuters opposed the action, the association offering to buy the railroad at salvage value but ultimately failing to raise sufficient funds to buy the property.
36.
He promptly sued for the full salvage value of the vessel, and in the subsequent court case, in which one witness after another testified in his favour, Brady was eventually awarded the sum of $ 4, 000 plus $ 200 expenses, which after legal fees netted him the significantly improved sum of $ 2, 550.
37.
Scott lays out his plan to make a million dollars by steaming up the crew into a mutiny, killing the officers ( and eventually the entire crew ) to make it look like they abandoned a sinking ship, thus leaving the partners in possession of a ship which they can sell off for salvage value.
38.
More realistic problems would also need to consider other factors, generally including : smaller time buckets, the calculation of taxes ( including the cash flow timing ), inflation, currency exchange fluctuations, hedged or unhedged commodity costs, risks of technical obsolescence, potential future competitive factors, uneven or unpredictable cash flows, and a more realistic salvage value assumption, as well as many others.
