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Wiki Wiki Summary
Effective date An effective date or as of date is the date upon which something is considered to take effect, which may be a past, present or future date. This may be different from the date upon which the event occurs or is recorded.
Materials science The interdisciplinary field of materials science covers the design and discovery of new materials, particularly solids. The field is also commonly termed materials science and engineering emphasizing engineering aspects of building useful items, and materials physics, which emphasizes the use of physics to describe material properties.
Rio Vista, California Rio Vista (Spanish: Río Vista, meaning "River View") is a city located in the eastern end of Solano County, California, in the Sacramento River Delta region of Northern California. The population was 7,360 at the 2010 census.
Arithmetic Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today.
Two-source hypothesis The two-source hypothesis (or 2SH) is an explanation for the synoptic problem, the pattern of similarities and differences between the three Gospels of Matthew, Mark, and Luke. It posits that the Gospel of Matthew and the Gospel of Luke were based on the Gospel of Mark and a hypothetical sayings collection from the Christian oral tradition called Q.\nThe two-source hypothesis emerged in the 19th century.
Rio Vista Municipal Airport Rio Vista Municipal Airport (FAA LID: O88) is a public airport located three miles (4.8 km) northwest of Rio Vista, serving Solano County, California, USA. This general aviation airport covers 273 acres (110 ha) and has two runways and one helipad. The airport is the current base of operations for the Travis AFB Aero Club.
Collateral management Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in a trade. Collateral management began in the 1980s, with Bankers Trust and Salomon Brothers taking collateral against credit exposure.
Capital punishment Capital punishment, also known as the death penalty, is a state-sanctioned practice of killing a person as a punishment for a crime. The sentence ordering that an offender is to be punished in such a manner is known as a death sentence, and the act of carrying out the sentence is known as an execution.
Opportunity cost In microeconomic theory, the opportunity cost of a particular activity option is the loss of value or benefit that would be incurred (the cost) by engaging in that activity, relative to engaging in an alternative activity offering a higher return in value or benefit. \nThe smaller the opportunity cost, the greater the comparative advantage.
United States Treasury security United States Treasury securities, also called Treasuries or Treasurys, are government debt instruments issued by the United States Department of the Treasury to finance government spending as an alternative to taxation. Since 2012, U.S. government debt has been managed by the Bureau of the Fiscal Service, succeeding the Bureau of the Public Debt.
Cancellation of Debt Income Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as COD (Cancellation of Debt) Income.
Contingent work Contingent work, casual work, or contract work, is an employment relationship with limited job security, payment on a piece work basis, typically part-time (typically with variable hours) that is considered non-permanent. Although there is less job security, freelancers often report incomes higher than their former traditional jobs.Contingent workers are also often called consultants, freelancers, independent contractors, independent professionals, temporary contract workers or temps.According to the US Bureau of Labor Statistics (BLS), the nontraditional workforce includes "multiple job holders, contingent and part-time workers, and people in alternative work arrangements".
GE Transportation GE Transportation is a division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019.
Ministry of Trade, Industry and Energy The Ministry of Trade, Industry and Energy (MOTIE) is a ministry under the Government of South Korea. It is concerned with regulating some economic policy, especially with regard to the industrial and energy sectors.
Goodwill Industries Goodwill Industries International Inc., often shortened in speech and writing to Goodwill (stylized as goodwill), is an American nonprofit 501(c)(3) organization that provides job training, employment placement services, and other community-based programs for people who have barriers to their employment. Goodwill Industries also hires veterans and individuals who lack either education, job experience or face employment challenges.
America COMPETES Act The America Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science Act of 2007 or America COMPETES Act (Pub.L. 110–69 (text) (PDF)) was authored by Bart Gordon and signed by President George W. Bush; it became law on August 9, 2007. This was an act "[t]o invest in innovation through research and development, and to improve the competitiveness of the United States".On May 29, 2010, the U.S. House passed a measure to reauthorize the America COMPETES Act.
Solar cell efficiency Solar cell efficiency refers to the portion of energy in the form of sunlight that can be converted via photovoltaics into electricity by the solar cell.\nThe efficiency of the solar cells used in a photovoltaic system, in combination with latitude and climate, determines the annual energy output of the system.
New Zealand New Zealand (Māori: Aotearoa [aɔˈtɛaɾɔa]) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island (Te Ika-a-Māui) and the South Island (Te Waipounamu)—and over 700 smaller islands.
List of countries by wheat exports The following is a list of countries by wheat exports. Data is for 2020 as reported in Food and Agriculture Organization Corporate Statistical Database.
2021 Berlin referendum The 2021 Berlin referendum, formally referred to as Deutsche Wohnen & Co. enteignen (English: Expropriate Deutsche Wohnen & Co.) or DW enteignen, was a referendum held in Berlin in 2021.
Small cancellation theory In the mathematical subject of group theory, small cancellation theory studies groups given by group presentations satisfying small cancellation conditions, that is where defining relations have "small overlaps" with each other. Small cancellation conditions imply algebraic, geometric and algorithmic properties of the group.
Type–token distinction The type–token distinction is the difference between naming a class (type) of objects and naming the individual instances (tokens) of that class. Since each type may be exemplified by multiple tokens, there are generally more tokens than types of an object.
Local government in the Philippines The local government in the Philippines is divided into three levels: provinces and independent cities, component cities and municipalities, and barangays, all of which are collectively known as local government units (LGUs). In one area, above provinces and independent cities, is an autonomous region, the Bangsamoro Autonomous Region in Muslim Mindanao.
Conditions (album) Conditions is the debut studio album by Australian rock band The Temper Trap, released in Australia through Liberation Music on 19 June 2009. It was later released in the United Kingdom on 10 August 2009.
Weather of 2022 The following is a list of weather events that occurred in 2021. The year began with La Niña conditions.
List of derecho events The following is a list of derecho events.
Indifference curve In economics, an indifference curve connects points on a graph representing different quantities of two goods, points between which a consumer is indifferent. That is, any combinations of two products indicated by the curve will provide the consumer with equal levels of utility, and the consumer has no preference for one combination or bundle of goods over a different combination on the same curve.
Additional director general of police Additional Director General of Police (ADGP) is an Indian Police Service rank. Though having the maximum possible 3-star police rank just like Director General of Police, ADGP's are considered same to DGP's.
Baumol's cost disease Baumol's cost disease, also known as the Baumol effect, is the rise of wages in jobs that have experienced little or no increase in labor productivity, in response to rising salaries in other jobs that have experienced higher productivity growth. The phenomenon was described by William J. Baumol and William G. Bowen in the 1960s and is an example of cross elasticity of demand.
Diplomacy A diploma is a document awarded by an educational institution (such as a college or university) testifying the recipient has graduated by successfully completing their courses of studies. Historically, it has also referred to a charter or official document of diplomacy.The diploma (as a document certifying a qualification) may also be called a testamur, Latin for "we testify" or "certify" (testari), so called from the word with which the certificate begins; this is commonly used in Australia to refer to the document certifying the award of a degree.
Izyum–Barvenkovo offensive The Izyum–Barvenkovo offensive (17 July 1943 – 27 July 1943) was a Soviet offensive operation of the Southwestern Front against part of German Army Group South during the World War II. The aim of the operation was to tie down German reserves during the Battle of Kursk and overrun the German forces located in Donbass. Soviet troops managed to cross the Seversky Donets river and seize the bridgehead, but the German counterattacks stopped the further advance.
Umbrella school An umbrella school is an alternative education school that serves to oversee the homeschooling of children to fulfill government educational requirements.\nUmbrella schools vary greatly in what they offer and cost.
Antithrombin III deficiency Antithrombin III deficiency (abbreviated ATIII deficiency) is a deficiency of antithrombin III. This deficiency may be inherited or acquired. It is a rare hereditary disorder that generally comes to light when a patient suffers recurrent venous thrombosis and pulmonary embolism, and repetitive intrauterine fetal death (IUFD).
Bioremediation Bioremediation broadly refers to any process wherein a biological system (typically bacteria, microalgae, fungi, and plants), living or dead, is employed for removing environmental pollutants from air, water, soil, flue gasses, industrial effluents etc, in natural or artificial settings. The natural ability of organisms to adsorb, accumulate, and degrade common and emerging pollutants has attracted the use of biological resources in treatment of contaminated environment.
ISA 400 Risk Assessments and Internal Control ISA 400 Risk Assessments and Internal Control is one of the International Standards on Auditing. It serves to require the auditor to understand the client's accounting system and internal control system and to assess control risk and inherent risk.
Pohjanmaa-class corvette The Pohjanmaa class is a series of four multi-role corvettes currently under development for the Finnish Navy as part of the Squadron 2020 (Finnish: Laivue 2020) project. Together with the existing four Hamina-class missile boats, the four new surface combatants will form the backbone of the Finnish Navy from the mid-2020s onwards.
Risk Factors
Beginning with the expiration of the liquefied petroleum gas (“LPG”) sales contract between Penn Octane and PMI Trading Limited (“PMI”) on March 31, 2004 and continuing through the contract entered into with PMI effective June 4, 2005 (the “PMI Agreement”) , Rio Vista and Penn Octane have experienced materially lower LPG sales volumes and margins that have adversely affected Rio Vista’s results of operations
Rio Vista has only one customer for LPG in Mexico, PMI The PMI Agreement has expired
Rio Vista cannot be sure that PMI will continue to purchase LPG from Rio Vista or in quantities or at prices that are profitable
There are a limited number of suppliers of LPG that connect to Rio Vista’s pipelines and a limited supply of LPG Rio Vista may lose its competitive advantage when Penn Octane’s Seadrift pipeline lease expires in 2013
Rio Vista may be unable to successfully develop additional sources of revenue in order to reduce its dependence on PMI Rio Vista may not have sufficient cash to meet its obligations
All of Rio Vista’s assets are pledged as collateral for existing debt of Penn Octane, and Rio Vista therefore may be unable to obtain additional financing collateralized by such assets
Rio Vista is at risk of economic loss due to fixed margin contracts
If Rio Vista cannot develop sufficient capital resources for acquisitions or opportunities for expansion, Rio Vista’s growth will be limited
Future acquisitions and expansions may not be successful, may substantially increase Rio Vista’s indebtedness and contingent liabilities, and may create integration difficulties
Rio Vista‘s business would be adversely affected if operations at its transportation, terminal and distribution facilities were interrupted
Rio Vista’s business would also be adversely affected if the operations of Rio Vista’s customers or suppliers (including Penn Octane) were interrupted
Competitive Factors
The energy industry is highly competitive
There is competition within the industries and also with other industries in supplying the energy and fuel needs of industrial and individual consumers
Rio Vista competes with other companies in the sale or purchase of LPG as well as the transportation of these products in the US and Mexican markets and employs all methods of competition which are lawful and appropriate for such purposes
A key component of Rio Vista’s competitive position, particularly given the commodity nature of its products, is its ability to manage its expenses successfully, which requires continuous management focus on reducing unit costs and improving efficiency and its ability to secure unique opportunities for the purchase, sale and/or delivery methods of its products
International Factors
Mexican economic, political and social conditions may change and adversely affect Rio Vista’s operations
Rio Vista may not be able to continue operations in Mexico if Mexico restricts the existing ownership structure of its Mexican operations, requiring Rio Vista to increase its reliance on Mexican nationals to conduct its business
The LPG market in Mexico has yet to be deregulated
If deregulation occurs, the results may hinder Rio Vista’s ability to negotiate acceptable contracts with distributors
Rio Vista’s contracts and Mexican business operations are subject to volatility in currency exchange rates which could negatively impact its earnings
Political Factors
The operations and earnings of Rio Vista in the US and Mexico have been, and may in the future be, affected from time to time in varying degree by political instability and by other political developments and laws and regulations, such as forced divestiture of assets; restrictions on production, imports and exports; war or other international conflicts; civil unrest and local security concerns that threaten the safe operation of Rio Vista’s facilities; price controls; tax increases and retroactive tax claims; expropriation of property; cancellation of contract rights; and environmental regulations
Both the likelihood of such occurrences and their overall effect upon Rio Vista vary greatly and are not predictable
Industry and Economic Factors
The operations and earnings of Rio Vista throughout the US and Mexico are affected by local, regional and global events or conditions that affect supply and demand for Rio Vista’s products
These events or conditions are generally not predictable and include, among other things, general economic growth rates and the occurrence of economic recessions; the development of new supply sources for its products; supply disruptions; weather, including seasonal patterns that affect energy demand and severe weather events that can disrupt operations; technological advances, including advances in exploration, production, refining and advances in technology relating to energy usage; changes in demographics, including population growth rates and consumer preferences; and the competitiveness of alternative hydrocarbon or other energy sources or product substitutes
In additional to the factors cited above, the advancement, cost and results of particular acquisitions sought by Rio Vista, including projects which do not specifically fall within the areas of Rio Vista’s current lines of businesses will depend on: the outcome of negotiations for such projects; the ability of Rio Vista’s management to manage such businesses; the ability of Rio Vista to obtain financing for such acquisitions; business integration issues; changes in operating conditions or costs; and the occurrence of unforeseen technical difficulties
LPG Asset Sale
There can be no assurance that the LPG Asset Sale will be completed according to the terms contained in the PSA’s or according to different terms or at all
Even if the LPG Asset Sale is completed, Rio Vista may be unable to resume payment of minimum quarterly distributions or to pay the arrearages of such distributions, in order to maintain cash reserves necessary for the conduct of business
A continued delay of or inability to close the LPG Asset Sale could have a material adverse effect on Penn Octane’s and Rio Vista’s business, financial condition and results of operations
Market Risk Factors
See “Notes to Consolidated Financial Statements,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Quantitative and Qualitative Disclosures About Market Risk” in this report for discussion of the impact of market risks, inflation and other uncertainties
Internal Control Factors
Pursuant to Section 404 of the Sarbanes Oxley Act of 2002, beginning with the year ended December 31, 2007, Rio Vista’s management is required to complete an annual evaluation of its internal control systems
In addition, Rio Vista’s independent auditors are required to provide an opinion regarding such evaluation and the adequacy of Rio Vista’s internal accounting controls
Rio Vista’s internal controls may be found to be inadequate, deficiencies or weaknesses may be discovered, and remediation may not be successful
If Rio Vista acquires an existing business, the internal control systems of the acquired business may be inadequate and may require additional strengthening
Projections, estimates and descriptions of Rio Vista’s plans and objectives included or incorporated in Items 1, 7 and 7A of this report are forward-looking statements
Actual future results could differ materially due to, among other things, the factors discussed above and elsewhere in this report