Master Repurchase Agreement [Amendment No. 1] - DB Structured Products Inc. and New Century Financial Corp.
AMENDMENT NO. 1 TO MASTER REPURCHASE AGREEMENT (this "Amendment") is made and entered into as of July 17, 2006, among DB Structured Products, Inc. ("DBSP" or the "Committed Buyer"), Aspen Funding Corp. ("Aspen"), Newport Funding Corp. ("Newport"), Gemini Securitization Corp., LLC ("Gemini" and, together with Aspen and Newport, each a "Noncommitted Buyer" and collectively, the "Noncommitted Buyers" and, together with the Committed Buyer, each a "Buyer" and collectively, the "Buyers"), and New Century Mortgage Corporation ("NCMC"), New Century Credit Corporation ("NC Credit"), Home123 Corporation ("Home123") and NC Capital Corporation ("NCCC"; together with NCMC, NC Credit and Home123, each a "Seller" and collectively, the "Sellers").
WHEREAS, the parties hereto desire to further amend the Existing Agreement in the manner, and on the terms and conditions, herein provided.
1. Definitions. Unless otherwise defined herein, all terms used herein which are defined in the Existing Agreement shall have the meanings assigned thereto in the Existing Agreement.
2. Amendment to Existing Agreement.
"50/30 Mortgage Loan" shall mean a Mortgage Loan which provides for amortization of the principal thereof over a 30 year period based on a 50 year amortization schedule.
"40/30 Mortgage Loan" shall mean a Mortgage Loan which provides for amortization of the principal thereof over a 30 year period based on a 40 year amortization schedule.
"40 Year Mortgage Loan" shall mean a Mortgage Loan (other than a 40 year Option ARM Mortgage Loan) which provides for amortization of the principal thereof over a 40 year period.
"40 Year Option ARM Mortgage Loan" shall mean an Option ARM Mortgage Loan which provides for amortization of the principal thereof over a 40 year period.
(n) LTV. Each first lien Mortgage Loan has an LTV less than or equal to 100%. Each Mortgage Loan either (i) has a CLTV less than or equal to 100% or (ii) (A) has a CLTV less than or equal to 105%, (B) has been underwritten and closed according to the standards associated with a Fannie Mae-approved program or CitiMortgage, Inc.-approved program or a program of another investor acceptable to the Committed Buyer, as evidenced by a written approval from the Committed Buyer, and (C) is covered by a mandatory takeout commitment or other takeout commitment with locked pricing from Fannie Mae, CitiMortgage, Inc. or other investor acceptable to the Committed Buyer (and the related Seller has provided to the Committed Buyer documentation satisfactory in form and substance to the Committed Buyer evidencing such takeout commitment).
The Mortgage Note (unless it evidences an Interest-Only Mortgage Loan, Balloon Loan, HELOC or One Time Close Loan) is payable on the first day of each month in equal monthly installments of principal and interest (which interest is calculated and payable in arrears), which installments of principal are sufficient to amortize the Mortgage Loan fully by the stated maturity date over an original term of not more than 30 years from commencement of amortization.
The Mortgage Note (unless it evidences an Interest-Only Mortgage Loan, Balloon Loan, HELOC, One Time Close Loan, Option ARM Mortgage Loan, 40/30 Mortgage Loan, 50/30 Mortgage Loan or 40 Year Mortgage loan) is payable on the first day of each month in equal monthly installments of principal and interest (which interest is calculated and payable in arrears), which installments of principal are sufficient to amortize the Mortgage Loan fully by the stated maturity date over an original term of not more than 30 years from commencement of amortization. The Mortgage Note (if it evidences a 40 Year Option ARM Mortgage Loan or 40 year Mortgage Loan) is payable on the first day of each month in installments of principal and interest (which interest is calculated and payable in arrears), which installments are sufficient to amortize the Mortgage Loan fully by the stated maturity date over an original term of not more than 40 years from commencement of amortization. When installments of principal on each Mortgage Note which evidences an Option ARM Mortgage Loan (other than a 40 Year Option ARM Mortgage Loan), 40/30 Mortgage Loan or 50/30 Mortgage Loan become payable, such installments will be payable in installments of principal (potentially including a balloon payment) sufficient to amortize the Mortgage Loan fully by the stated maturity date, over an original term of not more than 30 years after funds were disbursed in connection with the Mortgage Loan.
(tt) FICO Score. In the case of a Subprime Mortgage Loan, the FICO score of the related Mortgagor was at least 500 on the Origination Date. In the case of an Alt-A Mortgage Loan, either (i) the FICO score of the related Mortgagor was at least 600 on the Origination Date or (ii) such Alt-A Mortgage Loan meets the underwriting criteria of a takeout investor acceptable to the Committed Buyer. In the case of an Option ARM Mortgage Loan, the FICO score of the related Mortgagor was at least 620 on the Origination Date.
3. Limitations. The amendments set forth in Section 2 above are limited precisely as written and shall not be deemed to (x) be a consent to any waiver of, or modification of, any other term or condition of the Existing Agreement, or any of the documents referred to therein or (y) prejudice any right or rights which the Buyers may now have or may have in the future under or in connection with the Master Repurchase Agreement, or any of the documents referred to therein. Except as expressly amended hereby, the terms and provisions of the Existing Agreement shall remain in full force and effect.
4. Fees and Expenses. The Seller agrees to promptly pay after being billed by a Buyer any legal fees and expenses incurred by such Buyer in connection with the preparation and execution of this Amendment.
5. Representations and Warranties. Each of the parties hereto severally represents and warrants that all acts, filings and conditions required to be done and performed and to have happened (including, without limitation, the obtaining of necessary governmental approvals) prior to the entering into of this Amendment to constitute this Amendment and the Existing Agreement as amended hereby the duly authorized, legal, valid and binding obligation of such party, enforceable in accordance with its terms, have been done, performed and have happened in due and strict compliance with all applicable laws.
(d) the Buyers shall have received any other documents relating to this Amendment reasonably requested by the Buyers.
7. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
8. Counterparts. This Amendment may be executed in several counterparts, each of which shall be regarded as the original and all of which shall constitute one and the same agreement.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers thereunto duly authorized as of the day and year first above written.


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Flat, easily accessible site set in the middle of North Yorkshire, close (within walking distance) to the market town of Stokesley.
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text:
Q: Computing Non-zero End Digits of Large Factorials Any large factorial will have a number of zero behind it, and one could write an expression to compute the number of trailing zeros, but how would one go about computing the non-zero end digits?
E.g. compute first 5 non-zero end digits of (10^12)!

A: Hint:  if you wanted just the last digit, a naive approach would be to do all the multiplication mod 10, skipping the 0's. $ (1*2*3*4*5*6*7*8*9)^{10^{11}}$.  A second thought is that the $5$ swallows the $2$, so we can skip those.  This works fine for all the factors besides $2$ and $5$, which need some more thought...

A: I solved this just now--a crucial fact is that there are more factors of 2 than of 5.
To formalize notation, let $v(N) $ be the largest positive integer such that $\large 10^{v(N))} | N$, and let $M(N) := \dfrac{N}{10^{v(N)}}$ denote the number of which we are trying to find the last 5 digits if $N = (10^{12})!$.
Hint: What can you say about $M(N) \mod 2^5$? How about $M(N) \mod 5^5$? How about $$ \Large M \left ( \prod_{\substack{ 1 \leq n \leq 10^{12} \\ 5 \not \,  \,| \,   n } }  n \right ) \mod 5^5?$$
How about
$$ \Large M \left ( \prod_{\substack{ 1 \leq n \leq 10^{12} \\ 25 \not \,  \,| \,   n } }  n \right ) \mod 5^5?$$
Can you see a pattern?

redpajama_set_name: RedPajamaStackExchange


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Neighbours star, Eliza Szonert takes back son after dispute.
Watch the dramatic moment a Neighbours star snatches her son back from her ex-partner.
The mother-of four is now stranded without a passport.
A former Neighbours star has regained custody of her son from her estranged partner in a dramatic recovery.
The 41-year old actress has been embroiled in a custody dispute with her former partner, musician businessman Ashley Crick.
Eliza Szonert had travelled to Kuala Lumpur with her son last week to visit Mr Crick who works there as an executive with iflix, a video streaming platform similar to Netflix.
Eliza Szonert had travelled to Kuala Lumpur with her son last week to visit her former partner.
The couple broke up over three years ago.
Ms Szonert, as well-known actress, played Lou Carpenter's step-daughter Danni Stark in Neighbours also appeared in Underbelly and the Australian movie, The Dish. She has four children.
Fairfax Media reported yesterday that after a disagreement a week ago with Mr Crick, Ms Szonert was been told to get out of his apartment, her former partner keeping her passport and her son.
Kay Szonert, Eliza's mother said Ms Szonert had sought her son's return but had not seen the little boy for over a week.
The Australian embassy had attempted to intervene to obtain her passport but could not become involved in the custody issue because of legal issues with regard to Malaysia. Malaysia is not a signatory to the Hague Convention on the Civil Aspects of International Child Abduction.
Yesterday Ms Szonert, accompanied by bodyguards from an Australian child recovery agency, retrieved her son from a restaurant in the Malaysian capital's Mid Valley Mega Mall.
Video footage released from the agency shows a nervous Ms Szonert walking in accompanied by two large men.
When they finally reach the table of Mr Crick and the little boy the men engage Crick while Ms Szonert walks around and picks up her son and walks away.
Szonert issued a statement after the incident saying she had "safely recovered my child".
She said that she still did not have any passports for herself or her son, leaving them stranded in Malaysia.
"I am calling on the Australian government to provide all necessary assistance to help my son and I return to Australia," she said.
The Daily Mail reports that a spokesman for the recovery agency said the High Commissioner had allegedly refused to reissue a passport because a passport already exists and the incident is a 'civil custody matter'.
The reports says that Ms Szonert has allegedly been told by authorities that she must negotiate a resolution with Mr Crick.
"The Australian government is just wiping their hands of it," the spokesperson said.
The spokesperson assured that Ms Szonert would not do the same to Mr Crick but that it was a matter of urgency as the son's visa for Malaysia is due to expire soon.
Malaysia has seen similar high profile custody battles before. In 1992 Malaysian Prince Raja Bahrin abducted his two children from his Australian ex-wife Jacqueline Gillespie, who had been granted their custody.
The children Shahirah, 6 and Iddin, 9 were snatched from a Melbourne hotel room and smuggled out of the country, even though their mother had legal custody. Australia's diplomatic efforts to get them back from Malaysia were fruitless.
The Malaysian government refused the request on the grounds the Prince's action did not constitute a crime under Malaysian law.
14-years later the children were reunited with their mother, who is now an expert on child abduction.
An estimated 30,000 children are kidnapped from Western nations every year.
Ashley Crick has not made a statement on the on-going custody battles other than the fact he is focused on his son's wellbeing.


text:
Home Mercedes-Benz Mercedes-Benz C 63 AMG Coupé Chassis and braking system
Mercedes-Benz C 63 AMG Coupé Chassis and braking system
Chassis and braking system: Motorsport technology for pure dynamism
Adjustable AMG coil-over sports suspension for race track setup
AMG rear axle differential lock as standard
High-performance braking system with front composite brake discs
3-stage ESP® system with SPORT Handling mode
Weight-optimised forged wheels featuring a multi-spoke design
Optional Track package with sports tyres
Impressive driving dynamics, low roll angle, high grip and excellent deceleration values – these are the driving characteristics of the C 63 AMG Coupé Black Series. In addition to the AMG high-performance composite braking system, all of this is also down to the AMG coil-over suspension, which is typical of a Black Series model and features AMG-specific axle kinematics.
This sophisticated solution is well-known in the world of motorsport and is mainly also used in the SLS AMG GT3 customer sports car.
On the front and rear axles, the rebound and compression stages of the gas-filled struts can be adjusted. In conjunction with the level of the vehicle, which is also adjustable, drivers of the C 63 AMG Coupé Black Series can apply their own personal setup for the respective race track characteristics.
The wider track width, which has been increased by 40 mm at the front and 79 mm at the rear, ensures lower shifts in the wheel loads from the inner to the outer wheel when cornering. This translates into more grip for fast cornering, something which also benefits from the AMG rear axle differential lock fitted as standard. With a locking effect when both accelerating and decelerating, it effectively prevents the inner wheel from spinning when accelerating out of bends.
Revised anti-roll bars all-round and modified elastokinematics on the front axle complete the list of chassis measures, all of which help to ensure optimum contact with the road, maximum precision, low body movement and therefore pronounced driving dynamics. In brief, the C 63 AMG Coupé Black Series is predestined for fast laps on the race track.
AMG sports speed-sensitive power steering and lightweight forged wheels
The AMG-specific axle kinematics also enhance the steering response: thanks to the shift in the so-called instantaneous centre, the AMG sports speed-sensitive power steering with steering ratio of 13.5:1 is now more direct overall. And if that were not enough: the AMG-specific steering parameters and a stiffer rubber blend used in the Hardy disc in the steering column tangibly increase steering precision and result in outstanding vehicle control.
The AMG light-alloy wheels not only provide aesthetic appeal. As in the SLS AMG, the AMG driving dynamics experts have also made use of exceptionally lightweight forging technology in the C 63 AMG Coupé Black Series too.
Compared with regular light-alloy wheels, the forged wheels provide a total weight saving of around eleven kilograms. These lightweight design measures help to reduce the unsprung masses and therefore improve both the steering precision and response of the spring elements.
AMG high-performance braking system with composite technology
The filigree spokes of the AMG forged wheels provide a glimpse of the red-painted brake callipers which lie behind, as well as the ventilated and perforated disc brakes all round. The front axle makes use of six-piston fixed callipers and discs measuring 390 x 36 mm and featuring composite technology, as found in the world of motorsport.
The rear axle is fitted with four-piston fixed callipers and integral discs measuring 360 x 26 mm. The AMG high-performance braking system is characterised by perfect deceleration, optimum sensitivity and excellent fatigue strength – even when subjected to maximum loads on the race track.
The 3-stage ESP® supports three individual control strategies at the push of a button: the ESP® button in the centre console allows the driver to choose between "ESP ON", "ESP SPORT Handling" mode, and "ESP OFF" – with the currently active mode shown in the display of the AMG instrument cluster.
In "ESP ON", the onset of handling instability leads to braking intervention at one or more of the wheels, accompanied by a reduction in engine torque.
Briefly pressing the ESP® button activates "ESP SPORT Handling" mode. In this mode the braking intervention to counter oversteer or understeer, as well as the accompanying reduction in engine torque, allows a higher dynamic threshold and, for instance, corresponding drift angles – the driver benefits from significantly enhanced driving enjoyment.
Operating the brake pedal restores all the normal ESP® functions. Prolonged pressure on the ESP® button activates "ESP OFF". With this, the engine torque is no longer reduced to control the driving dynamics – and driving enjoyment is therefore increased even further. "ESP OFF" should only be used by experienced drivers on dedicated racetracks. In this mode too, all of the functions of ESP® are
made available by operating the brake pedal.
The system's traction logic is active in all three ESP® modes. If one of the drive wheels starts to spin, specific brake pressure can be applied to improve traction.
Optional AMG Track package with Dunlop sports tyres
The AMG Track package is recommended for those looking to enhance driving dynamics on closed-off race tracks: it comprises Sport Maxx Race Dunlop sports tyres in sizes 255/35 R 19 front) and 285/30 R 19 (rear).
The tyres have been developed exclusively for the C 63 AMG Coupé Black Series and noticeably and measurably improve grip. Fatigue strength under demanding race track conditions is further enhanced by the active rear axle transmission cooling. The radiator is located in the rear apron, in front of the diffuser insert, and the airflow passes through it effectively.
Previous articleMercedes-Benz C 63 AMG Engine and power transmission
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redpajama_set_name: RedPajamaCommonCrawl


Saw the Phillies won! How was the game??
It was AWESOME!!!! I can't PIP for some reason though.
We go again tonight and I can't wait. The only thing better than being in the Phillies stadium, is yelling and cheering for them when they are the "other" team. Padres fans were not happy with me.
LOL! Well glad you had fun! I was routing for them, for you. Going to a baseball game and seeing your team lose is never that much fun. Good luck tonight!
Thanks love! I'm on my way out now! GO PHILS!
Another win! Watched Cole Hamels streeeetch and warm up and he was right there. I could reach out and touch him if I wanted to get kicked out.


This one-day course highlights significant changes to access regulations in the 2013 California Building Code (CBC), Chapter 11B, including amendments in the 2013 Intervening Code Adoption Cycle Supplement effective July 1, 2015 and new amendments in the 2016 CBC approved by the California Building Standards Commission in January 2016.
A PDF of course materials is available upon registration.
Understand how to analyze and apply the 2013 CBC provisions.
Understand the difference between the 2010 Americans with Disabilities Act Standards for Accessible Design and the 2013 CBC.
Be informed of the amendments to the 2013 CBC approved in the intervening code cycle.
Location: Fresno, CA – address T.B.D.


This bag is done in Rose Sheherazade Crocodile, featuring two rolled handles, Palladium Hardware, and a flap top with a turnlock closure. The interior is done in Rose Sheherazade Chevre Leather, featuring one zip pocket and one slip pocket. This bag includes two keys, a lock, and a clochette.
There is very faint hairline scratching on the hardware, only visible upon close inspection. The base corners show slight scuffing.
This bag includes an Hermes box and dustbag.


text:
October 25, 2019, 10:29 AM ET
Jeff Lewis Confirms Zoila Chavez's Sister Now Works for Him
The Flipping Out designer also shared what Zoila is doing these days.
By Jocelyn Vena
Zoila Moments So Far
Jeff Lewis is keeping it in the family. Two years after he and longtime employee/housekeeper Zoila Chavez parted ways, the Flipping Out designer confirmed that her sister is now employed by him. "Her sister works for me now," he shared on his SiriusXM show.
He then confirmed that Zoila splits her time with six months in Los Angeles where her daughter lives, and the other half of the year in Nicaragua. He also shared that he hasn't spent much time with Zoila as of late: "It's funny, I was just talking to her sister because I haven't seen her in a while. I want her to come by and see the baby," he said, referring to his 3-year-old daughter, Monroe, whom he shares with ex-partner Gage Edward.
Just last October, during an appearance on Watch What Happens Live with Andy Cohen, he opened up about how he and Zoila have kept in touch following her retirement. "I just texted her this weekend," he shared in 2018 in the Clubhouse. "In fact, I think we're gonna have dinner pretty soon."
Jeff Lewis Is "Panicked" After Daughter Monroe Calls Her Nanny "Mom"
Zoila and Jeff worked together for many, many years before she stepped away from working for the interior designer in 2017. At the time, he opened up about her decision to stop working for him in an episode of Flipping Out. "For years, she has wanted to retire. I've just overlooked it and I ignored it," he said during an episode at the time. "But she stayed for me."
Check out their emotional goodbye, below.
Zoila Chavez Officially Quits
Gage Edward
Zoila Chavez
Gage Edward Addresses Jeff Lewis' Comments on Custody
Jeff Lewis Cuts Off All Communication with Gage Edward
The Daily Dish is your source for all things Bravo, from behind-the-scenes scoop to breaking news, exclusive interviews, photos, original videos, and, oh, so much more. Subscribe to The Daily Dish podcast, join our Facebook group, and follow us on Instagram for the latest news hot off the presses. Sign up to become a Bravo Insider and be the first to get exclusive extras.
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I recommend Mr. Edgar Rice Burroughs as a member of the Officers' Reserve Corps.
Mr. Burroughs has all the qualifications of a graduate of the Michigan Military Academy, Orchard Lake, Michigan. He left the school one week before graduation on account of ill health. Otherwise, he would now have a diploma from that institution. The school has disbanded and for that reason it does not seem possible to give him a diploma at this date. However, I can recommend him as fully equipped and able to do entirely satisfactory work as an officer. He showed himself very capable as a commissioned officer in the Academy.
I was Principal of this Academy for fifteen years and am now Assistant Dean of the College of Engineering, University of Michigan.
"It was drawn some twenty years ago by my nephew, Studley Oldham Burroughs, and represents Tarzan supporting Mars, with the two Martian moons above. In the background are characters from some of my other stories; while at Tarzan's feet sits Kala, the she-ape which fostered him.
During his lifetime, Burroughs wrote over 70 books and numerous short stories and articles. The author spent five formative years at the academy, and the influence of the experience is clear in his writings.


About Us - What is Hemp?
Whatishemp.com is the epitome for everything that involves hemp. We created this site for the purpose of advancing knowledge of hemp, its benefits including all the products that are created from it.
The evolution of hemp in the US and across the world is sparking attention and sometimes causing the misconception that marijuana is the same as hemp. On Thursday December 28, hemp became legal in the US which caused excitement and relief in the CBD oil industry along with all other industries where hemp will be a huge demand.
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The information on this website and or any of its entities are not intended to provide diagnosis, treatment or medical advice. Products, product information, services, information and all other content provided on this website, including information that may be provided on this website directly or that links to third-party websites are provided for informational purposes only. Please consult with a physician or other healthcare professional regarding any medical or health related diagnosis or treatment options.


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Home / Articles posted by AndyT (Page 41)
Corporations Fight Attempts To Rein Them In
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Halliburton Shale Gas: At What Cost?
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The Privatisation Of War
Before being an economic doctrine, neoliberalism is a political project. Wherever it has extended its influence, even the armies have been put through the privatization...
Slaughter In Burma
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The Strategy Of Tension
Introduction: Structural Deep Events and the Strategy of Tension in Italy From an American standpoint, it is easy to see clearly how Italian history was...
How The Boston Bombings Are Changing The World
The relation between the suspected Boston Marathon bombers and the Federal Bureau of Investigation (FBI), the Massachusetts State Police (MSP) and the Boston Police (BP)...
Boston Death Toll Rises…Again
Two FBI special agents, Christopher Lorek and Stephen Shaw, lost their lives during a training exercise in Virginia Beach, May 20, 2013. The two men...
How Is Technology Changing Our Society?
In a recent article, Old-Thinker News reported on the Google-Bilderberg partnership and the likely strategy this group will pursue into the future. To summarize; The...
The Struggle To Fathom Pyongyang
For decades, the erratic behavior of North Korea's enigmatic leaders has often masked a mix of symbolic and pragmatic motives, according to declassified documents posted...
Cyber Attacks From Iran?
Unnamed Source Claims Unconfirmed Cyber Attacks are from Iran "American officials have not offered any technical evidence to back up their assertions of Iranian authorship...
Boston And The CIA Snafu
Part I: Graham Fuller, Uncle Ruslan, the CIA and the Boston Bombings The open press statement of denial by senior reportedly former CIA official Graham...
China Targeted By Africom
Out of the blue in the last days Mali has suddenly become the focus of world attention. France has been asked to militarily intervene by...
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text:
More than one residential unit also eligible for exemption u/s 54 & 54F if located in the same building: Delhi HC
Issue : The issue raised is whether the benefit of sec 54 and 54 F is available only for one residential property or one residential unit i.e two or more floors ?
Section 54 and 54F only speaks about one residential house. There is nothing mentioned whether one "residential property" or one "residential unit". The same is clarified in Delhi High Court in the case of Gita Duggal wherein it is pronounced that Section 54/54F requires assessee to acquire a "residential house" and so long as assessee acquires a building, which may be constructed, for the sake of convenience, in such a manner as to consist of several units which can, if need arises, be conveniently and independently used as an independent residence, requirement of Section should be taken to have been satisfied.
It's a very important judgment for lot many taxpayers where the exemption is disallowed treating investment as investment in more than one residential house.
The copy of order is produced hereunder:
HIGH COURT OF DELHI
BADAR DURREZ AHMED & R.V.EASWAR, JJ
ITA 1237/2011
21st February, 2013
(2013) 84 CCH 0084 DelHC
(2013) 257 CTR 0208 : (2013) 84 DTR 0346 : (2013) 357 ITR 0153 (Delhi) : (2013) 214 TAXMAN 0051
Legislation Referred to
Section 54, 54F
Case pertains to
Asst. Year 2007-08
Decision in favour of:
Capital Gain—Sale of residential house—Investment in Residential house—Exemption allowed for a unit or house—Interpretation—Assessee was owner of house property with basement & two floors—It entered into agreement for developing property—Assessee transferred 22.5 percent of right to developer—She declared LTCG along with ROI—AO took the view that cost of construction of building incurred by developer would also be included in total sale consideration—AO added part of cost of construction to sale consideration received by assessee and computed total sale consideration—AO rejected assessee's claim for deduction u/s 54/54F in respect of house in first and second floors holding that they were separate and independent residential units having separate entrances and cannot be considered as one unit to enable assessee to claim deduction—Held, Section 54/54F requires assessee to acquire a "residential house" and so long as he acquires a building, which may be constructed, for sake of convenience, in such a manner as to consist of several units which can, if need arises, be conveniently and independently used as an independent residence, requirement of Section should be taken to have been satisfied—There was nothing in these sections which require residential house to be constructed in a particular manner—Only requirement is that it should be for residential use and not for commercial use—If there was nothing in section which requires that residential house should be built in a particular manner, AO could not insist upon that requirement—It was held that a person may construct a house according to his plans and requirements—Therefore, it was held that fact that residential house consists of several independent units could not be permitted to act as an impediment to allowance of deduction u/s 54/54F
Held :
Section 54/54F requires the assessee to acquire a "residential house" and so long as the assessee acquires a building, which may be constructed, for the sake of convenience, in such a manner as to consist of several units which can, if the need arises, be conveniently and independently used as an independent residence, the requirement of the Section should be taken to have been satisfied. There is nothing in these sections which require the residential house to be constructed in a particular manner. The only requirement is that it should be for the residential use and not for commercial use. If there was nothing in the section which requires that the residential house should be built in a particular manner, it seemed that the AO could not insist upon that requirement. It was held that a person may construct a house according to his plans and requirements. For instance, a person may construct a residential house in such a manner that he may use the ground floor for his own residence and let out the first floor having an independent entry so that his income is augmented. He may construct his residence in such a manner that in case of a future need he may be able to dispose of a part thereof as an independent house. There may be several such considerations for a person while constructing a residential house. Therefore, it was unable to find how or why the physical structuring of the new residential house, whether it was lateral or vertical, should come in the way of considering the building as a residential house. It was held that the fact that the residential house consists of several independent units could not be permitted to act as an impediment to the allowance of the deduction u/s 54/54F.
(Para 8)
Section 54/54F requires assessee to acquire a "residential house" and so long as he acquires a building, which may be constructed, for the sake of convenience, in such a manner as to consist of several units which can, if need arises, be conveniently and independently used as an independent residence, requirement of Section should be taken to have been satisfied.
In favour of :
Cases referred:
CIT Vs. B. Ananda Basappa (2009) 309 ITR 329,
CIT & Anr. Vs. Smt. K.G. Rukminiamma in ITA No.783 of 2008
Counsel appeared:
Kamal Sawhney for the Appellant. : P C Yadav for the Respondent.
V. EASWAR, J.
The revenue has filed the appeal under Section 260A of the Income Tax Act, 1961 against the order dated 07.06.2001 passed by the Income Tax Appellate Tribunal in ITA 3613/Del./2010 for the assessment year 2007-08.
The assessee which is the respondent in the appeal is an individual. In the computation of income filed along with the return of income, she declared long term capital gains of Rs. 2,68,25,750/- in the following manner :-
"Income from Capital Gain
A 22 WESTEND COLONY
Consideration as per Collaboration Agreement 40,000,000.00
Less Index cost for pur. of Rs.1575000
(Fair Value as on 1-04-81) 8,174,250.00 31,825,750.00
Less : Exemption under section 54EC (REC Bonds) 5,000,000.00
26,825,750.00″
While completing the assessment the assessing officer took the view that on the terms of the agreement entered into with M/s Thapar Homes Ltd. on 08.05.2006, the cost of construction of the building incurred by the aforesaid company which was the developer of the property would also be included in the total sale consideration. The assessee responded by submitting that the entire cost of construction was incurred by the builder and even if it is considered as part of the sale consideration, since it has been fully invested in the residential house itself, the same would be exempt under Section 54 of the Act. The assessing officer did not accept the assessee's submission. He therefore, added an amount of Rs. 3,43,72,529/- which was the cost of construction incurred by the developer to the sale consideration of ` four crores received by the assessee and computed the total sale consideration at Rs. 7,43,72,529/-.
Dealing with the assessee's contention that in any case the sale consideration should be taken as having been invested in the new residential house and thus exempt under Section 54, which was supported by a judgment of the Karnataka High Court in CIT Vs. B. Ananda Basappa : (2009) 309 ITR 329, the assessing officer held that the two floors which were given to the assessee by the developer and on which the developer had incurred construction cost were independent of each other and self-contained and therefore they cannot be considered as one unit of residence. Accordingly, he held that the assessee was not eligible for the exemption under Section 54. Dealing with the claim for relief under Section 54F, the assessing officer held that the exemption would be available only in respect of one unit, since the two residential units were independent of each other and the assessee cannot therefore claim exemption on the footing that both constituted a single residence. In this view of the matter he recomputed the capital gains by making an addition of Rs. 98,20,722/-.
On appeal, the CIT (Appeals) agreed with the assessee's contention and following the judgment of the Karnataka High Court cited above, held that the assessee was eligible for the deduction under Section 54 in respect of the basement, ground floor, first floor and the second floor. He accordingly, allowed the appeal.
The revenue carried the matter in appeal before the Tribunal and raised the following ground :-
"On the facts and on the circumstances of the case Ld. Commissioner of Income Tax (Appeals) has erred in law and on the facts in deleting the addition of Rs. 98,20,722/- u/s. 54F of the IT Act, 1961 which the Assessing Officer had allowed in respect of only one unit by treating the units as two separate residential properties."
The Tribunal confirmed the decision of the CIT (Appeals) by observing as under: –
"6. We have heard the rival contentions in light of the material produced and precedent relied upon. We find that ld. counsel of the assessee submitted that the issue is squarely covered in favour of the assessee by the decision of the Hon'ble Karnataka High Court in the case of CIT & Anr. Vs. Smt. K.G. Rukminiamma in ITA No.783 of 2008 vide order dated 27.8.2010 wherein it was held as under :-
" The context in which the expression "a residential house? is used in Section 54 makes it clear that, it was not the intention of the legislation to convey the meaning that: it refers to a single residential house, if, that was the intention, they would have used the word "one." As in the earlier part, the words used are buildings or lands which are plural in number and that: is referred to as "a residential house", the original asset. An asset newly acquired after the sale of the original asset also can be buildings or lands appurtenant thereto, which also should be "a residential house." Therefore the letter "a? in the context it is used should not be construed as meaning "singular." But, being an indefinite article, the said expression should be read in consonance with the other words "buildings? and "lands? and, therefore, the singular "a residential house? also permits use of plural by virtue of Section 13(2) of the General Clauses Act. – CIT V. D. Ananda Bassappa (2009) 223 (kar) 186 : (2009) 20 DTR (Kar) 266 followed."
Upon careful consideration, we find that the contentions of the assessee that the issue is covered in favour of the assessee are correct.
7.1 Ld. Departmental Representative could not controvert the above and no contrary decision was cited before us.
Accordingly, we do not find any infirmity or illegality in the order of the Ld. Commissioner of Income Tax (Appeals) and hence, uphold the same."
In the present appeal before us, the revenue has proposed the following questions as substantial questions of law which in its opinion arise out of the order of the Tribunal.
"A) Whether the Hon'ble ITAT has erred in deleting the addition of Rs. 98,20,772/- under section 54F of the Income Tax Act, 1961 as made by the Assessing Officer?
B) Whether the Hon'ble ITAT has erred in law and facts in holding that the assessee should be given deduction under section 54 of the Income Tax Act, 1961?"
We have considered the facts and taken note of the rival submissions. To complete the narration of facts, it needs to be noticed that the assessee was the owner of property at A/22, Westend Colony, New Delhi comprising of the basement, ground floor, first floor and second floor. She was deriving rental income from the property. On 08.05.2006 she entered into a collaboration agreement with M/s Thapar Homes Ltd. for developing the property. According to its terms, the assessee being desirous of getting the property redeveloped/reconstructed and not being possessed of sufficient finance and lacking in experience in construction, approached the builder to develop the property for and on behalf of the owner at the cost of the builder. The builder was to demolish the existing structure on the plot of land and develop, construct, and/or put up a building consisting of basement, ground floor, first floor, second floor and third floor with terrace at its own costs and expenses. In addition to the cost of construction incurred by the builder on development of the property, a further payment of `four crores was payable to the assessee as consideration against the rights of the assessee. The builder was to get the third floor. The assessee accordingly handed over vacant physical possession of the entire property along with 22.5 percent undivided interest over the land. The handing over of possession of the entire property was however only for the limited purpose of development; the undivided interest in the land stood transferred to the developer/builder only to the extent of 22.5 percent for his exclusive enjoyment. It was on these facts that the assessing officer first took the view that the sale consideration for the transfer of the capital asset should be taken not merely at Rs. four crores which was the cash amount received by the assessee, but the cost of construction incurred by the developer on the development of the property amounting to Rs. 3,43,72,529/- should also be added to the sale consideration. The assessee thereupon claimed that if the cost of construction incurred by the builder is to be added to the sale price, then the same should also be correspondingly taken to have been invested in the residential house namely the two floors which the assessee was to get in addition to the cash amount under the agreement with the builder, and the amount so spent on the construction should be allowed as deduction under Section 54 of the Act. It was at this stage that the assessing officer rejected the claim for deduction under Section 54 on the footing that the two floors obtained by the assessee contained two separate residential units having separate entrances and cannot qualify as a single residential unit. He agreed that the assessee was eligible for the relief under Section 54F in respect of the cost of construction incurred on one unit. He noted that the assessee has retained the ground floor and the basement. He therefore, apportioned the construction cost of Rs. 3,43,72,529/- to have been incurred on the basement, ground floor, first floor and second floor in the ratio of 1:1:1:0.5 for second floor, first floor, ground floor, basement respectively. Since he was allowing the relief under Section 54F of the Act only in respect of one unit, he added Rs. 98,20,722/- which is the figure arrived at by dividing the total cost of construction of Rs. 3,43,72,529/- by 3.5. This is how the assessment was made. What in effect the assessing officer had done was to reject the assessee's claim for deduction under Section 54/54F of the Act in respect of the house/units in the first and second floors holding that they were separate and independent residential units having separate entrances and cannot be considered as one unit to enable the assessee to claim the deduction. This was disapproved by the CIT(Appeals) on the basis of the judgment of the Karnataka High Court (supra) and his decision was approved by the Tribunal. The Tribunal expressed the view that the words "a residential house" appearing in Section 54/54F of the Act cannot be construed to mean a single residential house since under Section 13(2) of the General Clauses Act, a singular includes plural.
It is the correctness of the above view that is questioned by the revenue and it is contended that the interpretation placed by the Tribunal gives rise to a substantial question of law. The assessee strongly relies upon the judgment of the Karnataka High Court (supra) which, it is stated, has become final, the special leave petition filed by the revenue against the said decision having been dismissed by the Supreme Court as reported in the annual digest of Taxman publication. The judgment of the Karnataka High Court supports the contention of the assessee. An identical contention raised by the revenue before that Court was rejected in the following terms :
"A plain reading of the provision of section 54(1) of the Income-tax Act discloses that when an individual-assessee or Hindu undivided family- assessee sells a residential building or lands appurtenant thereto, he can invest capital gains for purchase of residential building to seek exemption of the capital gains tax. Section 13 of the General Clauses Act declares that whenever the singular is used for a word, it is permissible to include the plural.
The contention of the Revenue is that the phrase "a" residential house would mean one residential house and it does not appear to the correct understanding. The expression "a" residential house should be understood in a sense that building should be of residential in nature and "a" should not be understood to indicate a singular number. The combined reading of sections 54(1) and 54F of the Income- tax Act discloses that, a non residential building can be sold, the capital gain of which can be invested in a residential building to seek exemption of capital gain tax. However, the proviso to section 54 of the Income- tax Act, lays down that if the assessee has already one residential building, he is not entitled to exemption of capital gains tax, when he invests the capital gain in purchase of additional residential building."
This judgment was followed by the same High Court in the decision in CIT Vs. Smt. K G Rukminiamma in ITA No.783/2008 dated 27.08.2010.
There could also be another angle. Section 54/54F uses the expression "a residential house". The expression used is not "a residential unit". This is a new concept introduced by the assessing officer into the section. Section 54/54F requires the assessee to acquire a "residential house" and so long as the assessee acquires a building, which may be constructed, for the sake of convenience, in such a manner as to consist of several units which can, if the need arises, be conveniently and independently used as an independent residence, the requirement of the Section should be taken to have been satisfied. There is nothing in these sections which require the residential house to be constructed in a particular manner. The only requirement is that it should be for the residential use and not for commercial use. If there is nothing in the section which requires that the residential house should be built in a particular manner, it seems to us that the income tax authorities cannot insist upon that requirement. A person may construct a house according to his plans and requirements. Most of the houses are constructed according to the needs and requirements and even compulsions. For instance, a person may construct a residential house in such a manner that he may use the ground floor for his own residence and let out the first floor having an independent entry so that his income is augmented. It is quite common to find such arrangements, particularly post-retirement. One may build a house consisting of four bedrooms (all in the same or different floors) in such a manner that an independent residential unit consisting of two or three bedrooms may be carved out with an independent entrance so that it can be let out. He may even arrange for his children and family to stay there, so that they are nearby, an arrangement which can be mutually supportive. He may construct his residence in such a manner that in case of a future need he may be able to dispose of a part thereof as an independent house. There may be several such considerations for a person while constructing a residential house. We are therefore, unable to see how or why the physical structuring of the new residential house, whether it is lateral or vertical, should come in the way of considering the building as a residential house. We do not think that the fact that the residential house consists of several independent units can be permitted to act as an impediment to the allowance of the deduction under Section 54/54F. It is neither expressly nor by necessary implication prohibited.
For the above reasons we are of the view that the Tribunal took the correct view. No substantial question of law arises for our consideration. The appeal is accordingly dismissed with no order as to costs.
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Tommy Hilfiger ramps up adaptive fashion. Who's next?
Mainstream brands have been slow to embrace adaptive design, but Tommy Hilfiger has stood apart and has proof it's working. Now LVMH has signalled an interest in the burgeoning market.
When Tommy Hilfiger first designed an adaptive fashion line in 2016, he was an outlier in a space otherwise dominated by hyper-functional, medical garments catered to the elderly. Five years later, the adaptive market remains largely untapped by mainstream fashion brands, but Tommy Hilfiger is furthering commitments after commercial success.
Tommy Hilfiger will increase its Tommy Adaptive collections to two per year and expand availability worldwide, having already added Europe, Australia and Japan last year. Seventy-five per cent of consumers who buy the range are new to Tommy.com, typically shop non-adaptive sections and those that do spend 4.8 times more than the average customer, according to the brand. "Leading the way for adaptive fashion is something we're very proud of," Hilfiger wrote via email to Vogue Business, adding that his passion for adaptive design stems from the issues his autistic children have faced getting dressed.
Inside Sinéad Burke's new adaptable clothing marketplace
Adaptive design, which tweaks existing clothing design to be more inclusive to people with disabilities, has a potential market value of $64.3 billion, according to Coresight Research. Mass brands including Target, Land's End and Kohl's, as well as multi-brand marketplaces such as Global Brand Group's Juniper Unlimited and Australian newcomer Every Human, have led the category. Luxury brands have largely overlooked the space, but that's starting to change.
American designer Christian Siriano is working on an adaptive line with the actress Selma Blair, who was recently diagnosed with multiple sclerosis. Inclusive fashion nonprofit Runway of Dreams is contributing to educational programming across LVMH, where Marc Jacobs runs additional inclusive design workshops for staff. No LVMH brands sell adaptive clothing as yet, but it's on the company's radar. "In the months and years ahead, we'll continue to work towards a future of greater equity, inclusion and opportunity in our organisation and our industry," says Gena Smith, senior vice president of human resources and head of global executive and creative recruitment for LVMH.
Some of the Tommy Adaptive features: magnetic button closures, velcro openings and internal toggles.
According to Coresight, 12.7 per cent of Americans have a disability, and US consumers will spend $1.3 billion on adaptive designs in 2021. As more brands enter the space, experts expect competition and employment opportunities for people with disabilities to increase. "Adaptive design is one of the few segments where demand and opportunity are there, but the market isn't," says Erin Schmidt, beauty industry analyst at global retail advisory Coresight Research. "There are still a lot of misconceptions about [this consumer's] ability or willingness to spend. I would encourage brands and retailers to educate themselves and find the opportunities."
Understanding needs
For fashion brands, education is paramount to entering the adaptive design space.
When fashion enthusiast Quin Lewis became an amputee 15 years ago, his seamstress mother would personally "hack" or adapt his clothes. "I often have the right leg of my trousers shortened because of my prosthetic, and I need an extra couple of inches around my waist for the bucket strap my residual limb sits in," explains Lewis. "The bucket is very rigid, and it often wears down fabric when I'm sitting — I get holes in my pants after two hours at brunch. It would be helpful if designers included extra fabric for internal patches, similar to how they include extra buttons." He would like to see made-to-order and customisable options for adaptive clothing.
Model Ashley Young in the Tommy Adaptive Spring/Summer 2021 collection, which launches today.
Richard Phibbs/Tommy Hilfiger
Tommy Hilfiger campaign star Ashley Young says customisable sleeve lengths for when she is not wearing her prosthesis are important for her, as are easy ways to roll up sleeves and attach it without the bulk of a rolled-up sleeve. "I also have to take my prosthesis off to put on coats because the prosthesis is too chunky for some sleeves. A zip to the elbow or another way to change the circumference of the sleeve would be really helpful."
Many brands approach adaptive clothing by re-educating designers. Hilfiger says his team was able to draw on its athletic wear experience, which has a similar focus on movement, performance and functionality, to create its collection. Sarah Horton, senior director of innovation and integrated marketing at Tommy Hilfiger, says one of the biggest challenges has been communicating how its Adaptive line supports various dressing challenges. Consumers can filter Adaptive products by solution (easy closures, ease of movement, seated wear) or feature (easy open necklines, magnetic buttons, hook and loop closures, internal pull-up hoops, low front and high back, part openings, and side seam openings).
New York brand Ffora creates adaptive accessories for wheelchair users, including bags and cup holders.
Jonathan Hokklo
Adaptive design doesn't just apply to products, but the experience of buying them. In the US, Tommy Hilfiger's e-commerce site now uses fonts, colours and layouts designed to be inclusive to a range of visual, auditory and cognitive experiences. Adaptive products and features are illustrated with animations and videos, all accessible through guided shopping journeys and voice navigation powered by Amazon Alexa. Support staff are available around the clock and Adaptive shoppers also benefit from free shipping, which uses pre-glued, resealable bags that are easier to open than the traditional cardboard box.
In-store, this could mean wheelchair-accessible changing rooms, disability representation among mannequins, sensitivity training for retail staff and seated-height registers.
Physical retail has been slower to change at Tommy Hilfiger, but the brand has committed to making all of its retail stores and showrooms inclusive to all shoppers by 2023, according to Tommy Hilfiger. "We know there's a lot more we can do to create a more inclusive in-store shopping experience," he says. "We want to do it right, so we're spending time with our differently abled consumers to learn more about the challenges they face so we can make meaningful and impactful improvements where they're needed most."
Collaboration and consumer feedback are key to inclusive products
Hilfiger is not the only adaptive fashion pioneer whose interest was piqued by a personal experience of disability. Maura Horton founded Magna Ready when her husband was diagnosed with Parkinson's disease, Toronto designer Izzy Camilleri started IZ Adaptive after the late quadriplegic journalist Barbara Turnbull commissioned her to make a bespoke wheelchair-friendly cape, and occupational therapist Joseph DiFrancisco created Friendly Shoes after watching his patients struggle with inaccessible shoes.
These startups are in a prime position to collaborate with luxury brands that are new to adaptive design, helping them avoid risks and missteps where stakes are high. Adaptive clothes that don't centre the needs of the wearer can cause injury or even be lethal, says Camilleri.
Izzy Camilleri's Game Changer Pant, which combines the look of denim jeans with the comfort of a seamless back. The pants are designed to avoid pressure sores among seated wearers.
David Kerr, Chiara De Falco
"That's where small adaptive brands excel — bringing adaptive design to larger companies and helping to realise inclusive products on a larger scale," says Maura Horton, who is also chief community officer of Juniper Unlimited. "The real win is when aesthetics and problem-solving go hand in hand."
Brands can also partner with fashion students to accelerate change. Juniper Unlimited launched a postgraduate project with IFA Paris this year, which will see two winning students (to be announced in April) sell their adaptive, sustainable products on the site.
Welsh designer Lucy Jones founded Ffora in 2017 after a Parsons project encouraged her to challenge her own biases as a designer. Her modular wheelchair-attachable accessories won the CFDA's Elaine Gold Launch Pad programme in 2018, and she is now collaborating with wheelchair manufacturers on new functions. "Ffora has so much data on adaptive design, we would love to collaborate with luxury brands to take it to the next level. Nobody has to start from zero."
Many adaptive brands host regular focus groups, actively listening to feedback from people with disabilities and using that to drive their innovations. "Reach out and listen to your audience," says Hilfiger. "It's their needs you're trying to meet, and without them you'll never get it right."
Hilfiger may be an outlier for now, but there's ample opportunity ahead. "Every single category of clothing can be improved," says Camilleri. "It just takes a fresh pair of eyes."
L'Oréal lifts the lid on sustainability strategy
Women's streetwear buoyed by Melody Ehsani hire at Foot Locker
How outdoor brands can widen their appeal
latestTommy Hilfigeradaptive clothing
At a subdued NYFW, emerging designers shined
The $400 billion adaptive clothing opportunity
By Adrienne Gaffney
The fight for the fashion archive: Brands, collectors and Gen Z face off
The future of sustainable fashion


Have you ever wondered why some Medicare Advantage Plans don't have monthly premiums? If you have, you are not alone. Why an Advantage Plan with seemingly comprehensive benefits has a $0 monthly premium is one question that insurance agents are asked frequently.
Many people even wonder if a plan without a monthly premium is too good to be true. But once you understand the factors that go into determining a Medicare Advantage Plan's premium, you'll be able to make that determination yourself.
After learning what determines premiums, you'll also see why a Medicare Advantage Plan's monthly premium should not be the determining factor as to which plan you choose.
One feature that makes Medicare Advantage Plans attractive is choice. As long as plans include all Medicare Part A and Part B benefits, sponsors have the freedom to set premiums, determine cost-sharing amounts (deductibles, coinsurance and copayments) and include any extra benefits not covered by original Medicare.
A provision contained in ObamaCare legislation requires that 85% of revenue go toward the cost of care. This is known as the medical loss ratio.
Although administrative costs can vary from company to company, plan design is the primary determinant of what premium will be required. This includes cost-sharing amounts and benefits.
One benefit of enrolling in a Medicare Advantage Plan is avoiding the out-of-pocket costs associated with original Medicare. Rather than paying a lump sum deductible for inpatient care, Advantage Plans often require a much smaller per day payment for a limited number of days, beyond which no further payment is required.
The 20% outpatient coinsurance amount required with original Medicare is probably the number one reason people consider a Medicare Advantage Plan or Medicare supplement. Medicare Advantage Plans typically compensate for the 20% by charging copays and coinsurance for defined services. For instance, an emergency room visit may require a $50 copay with lesser amounts required for primary care and specialists visits.
More costlier outpatient services like outpatient surgery, CAT scans and MRIs will often require you to pay a coinsurance amount or in some cases a larger copayment.
When you consider all the ways that a plan can be designed, its easy to see how the actual cost of using a plan is difficult to determine. An insurance company with availability to vast amounts of historical actuarial data can craft a plan that it believes will meet the 85% medical loss ratio and be attractive to potential members.
An insurance company with a large share of the Medicare Advantage market may have lower administrative costs due to the economy of scale and tweak cost-sharing amounts to offer a Medicare Advantage Plan without a monthly premium.
All of these benefits have associated costs and plan design will have a major impact on premium amount. It's also important to note that some $0 premium plans often include some of the extra benefits as optional. It's common to pay a premium to get upgraded dental coverage with an Advantage Plan. In this way, the plan can still be presented as a $0 premium plan.
On benefit that has a major impact on the monthly premium is Part D coverage. Medicare Part D Plans can include an annual deductible, which will allow for a lower monthly premium. Although for Part D, deductibles have not been as common with stand-alone Part D Plans, they are a possibility.
The Part D formulary, which is the list of covered drugs, is a major determinant of monthly premiums. Seldom will you find a Medicare Advantage Plan with an enhanced Part D formulary. From a benefits point of view, the Part D formulary may have the biggest impact on monthly premiums. And don't forget that all the cost-sharing amounts for the Part D portion of coverage can be manipulated to ultimately affect the premium.
How important is the Medicare Advantage Plan premium?
On the surface, for most people, the Medicare Advantage Plan premium is a big concern. After all, you have to fit it into your healthcare budget. But when you really think about it, there are so many moving parts, that the premium becomes less important when you look at overall annual costs. The exception of course, is if you rarely use your plan.
i have a AARP MedicareComplete theu United Health….the new Obamacare does not efect me ? Its a O $ plan..I pay no preimens….


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The smuggling and distribution of misbranded drugs and medical devices of uncertain foreign origin has the potential for serious harm to patients.
Dana Boente
If you don't know someone who's had a problem with addiction, you will.
Cyber terrorists are no different from other terrorists: No matter where they hide, we will track them down and seek to bring them to the United States to face justice.
Cyberterrorism has become an increasingly prevalent and serious threat here in America, both to individuals and businesses.
Providing classified information to a foreign agent of the People's Republic of China is a real and serious threat to our national security.
I will defend and enforce the laws of our country to ensure that our people and our nation are protected.
No person, not even a congressman, is above the law.
The Tax Division is committed to prosecuting accountants who assist their clients in fraudulent tax schemes.
People who prepare false or fraudulent tax returns risk criminal prosecution and, upon conviction, substantial time in jail.
We encourage whistleblowers to come forward in instances where the government is a victim.
The right of all of our citizens to enjoy fair and equal access to housing opportunities is guaranteed by our laws. The U.S. Department of Justice is committed to fiercely protecting those rights in order to ensure the quality of life all Americans deserve.
No matter where they are in the world, those who commit crimes against U.S. citizens will be held accountable for their actions, pursued by our investigators and prosecutors, and brought to justice.
The Department of Justice will continue to pursue those that travel to fight against the United States and our allies, as well as those individuals that recruit others on behalf of ISIL in the homeland.
When public officials turn to financial gain for official acts, we have no choice but to prosecute.
The U.S. government places considerable trust in those given access to classified information, and we are committed to prosecuting those who abuse that trust.
For his own vindictive purposes, Jeffrey Sterling carelessly disclosed extremely valuable, highly classified information that he had taken an oath to keep secret.
Law enforcement has seen an unprecedented use of social media by ISIL. They're just kind of flooding the airwaves.


Hopper wagon for carbon black, air-blow machine pom-1m, composition for weeds sz-77, sz- 800. train set of high- density rs-800/3, unified removable equipment on the platform pm-820.
Development, production and sales of road compacting equipment, land graders, snow loaders, compactors for solid domestic waste landfills and front loaders.
Spare parts for engines YaMZ (HS code: 8409990009) and the actual engines YaMZ (HS code:8408203709). In addition, the products planned for export are diesel power stations, diesel pump stations, spare parts for KamAZ engines.


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Johns Hopkins Women's XC Takes Fourth National Title
Posted on December 19, 2016 June 6, 2018 by Fieldhouse
The Johns Hopkins Blue Jays captured their fourth NCAA XC
National Championship in November (Photo / JHU)
BALTIMORE (December 19, 2016) – On November 19, the Johns Hopkins University women's cross country team won its fourth NCAA Division III national championship in five years. All four have come under head coach Bobby Van Allen, who also leads the Blue Jays' men's cross country team and men's and women's track teams.
Van Allen joined the Hopkins staff in 1999 as an assistant coach and was promoted to head coach later that year. He is a former University of Maryland runner, where he earned All-East cross country honors and was also an ACC finalist in the 1,500-meters. Four days after JHU captured the national championship, he was named the USTFCCCA Coach of the Year. It was the fourth time Van Allen has earned the honor.
The head coach recently shared his thoughts with Fieldhouse on how Hopkins develops a cross country champion in a major city, the unique facility partnership it has with Loyola University Maryland, and how by placing academics first his runners also become better competitors. The interview was conducted over the phone and edited for length and clarity. – TF
Fieldhouse: For the second time in three years, I've been at a Hopkins football playoff game and heard the crowd roar when they announced over the loudspeaker that the women's cross country team had just won the national championship.
Van Allen: I certainly never thought that this would be happening one day, but we'll take it.
Fieldhouse: When did you first start to get the feeling that Hopkins could be an upper echelon program? Now you've even surpassed that and are the top team in the country.
Van Allen: It was probably right in the 2009-2010 range when we started to see a change in the culture of our program. The girls were really buying into the training and committing themselves to succeeding. At that point, winning our conference championship wasn't good enough for them.
We made our first trip to the NCAAs in 2007 and then started becoming regulars there. The team then really started to focus on getting onto the podium. We wanted to "finish" and we were able to do that for the first time in 2012. That set a new bar that became our goal every year.
No matter who you have, and this crew is completely different from when we won our first one, that's still the goal that we have going into the season.
Fieldhouse: What are your primary running routes in Baltimore City and what would you say makes for a good urban runner?
Van Allen: Fortunately Hopkins is nestled in that very northern part of the city. So we pretty much run in every direction but south because we'd be stuck on the sidewalk and behind traffic lights. There are really a lot of places to run in all three other directions.
We do a lot of stuff on the Stony Run Trail; that's a nice dirt trail that runs from Hopkins north up to Gilman School and southwest over to Druid Hill Park. So that four-mile stretch we incorporate into a lot of our distance runs.
There is a lot of stuff at Lake Roland Park; there are about 10 miles of trails back in there. Most of our cross country workouts are over in Druid Hill. We've got three different grass sections where we have anywhere from 800-meter to 2,000-meter loops that we use.
We also have Lake Montebello, Druid Hill Lake, and all the neighborhoods, through Roland Park, down Cold Spring, and to the Arboretum. There is quite a lot that we have to choose from compared to most city schools that are more downtown-based.
Hopkins' runners at the 2016 NCAA DIII Championships (photo / JHU)
Fieldhouse: Is there a hurdle in trying to describe to a potential recruit a city that they may think of as a pretty industrial place and not conducive to running distance?
Van Allen: The biggest thing that we try to do is to get them on campus and show them first-hand. If they're interested in the school, or if they're looking at top academic schools, we hope that we'd be in the mix. The combined success of the track & field and cross country programs means that I can usually get them on campus to show them everything and the places that we run.
We try to talk about the opportunities that they would have with research internships within the city that they might not have at more remote campuses.
We have a diversity of trails to run, and we certainly showcase the best of what Baltimore can offer. The biggest part is trying to get them here on campus so I can explain my philosophy and training expectations and how it coincides with their academic priorities.
If we can do that, I think we have at least a good chance of having them come here. The biggest obstacle is getting them accepted.
Fieldhouse: Johns Hopkins built a track facility with Loyola University Maryland. How did that come about? Are you able to train with Loyola?
Van Allen: I started in 1999, and at that point we had a four-lane track around Homewood Field. It was very challenging to get our workouts in without getting hit by footballs or lacrosse balls or soccer balls at times. When there were games or competitions, we couldn't use the track at all.
In 2004, we renovated all of Homewood Field. We put that artificial turf in, we widened the field, and that's when [athletic director] Tom Calder talked to me about trying to look for a place to build a new track and get rid of the one at Homewood.
So those talks started that year. Loyola came into the picture because at the same time they were trying to fund a project of building a track themselves off [Baltimore's] Northern Parkway. It was going to be very expensive, so it made sense for both them and us. We can now both run to the facility.
As far as training with one another, that doesn't happen. Even when we're sharing a track with Loyola, there are different NCAA parameters that we have to follow that would prohibit us from practicing with them.
Fieldhouse: What are the limitations? That you're not competing?
Van Allen: Yes. We can talk, we can be there together, but if we're doing the same workout together, then in a sense we're competing against one another.
Fieldhouse: Baltimore weather can vary quite a bit during one cross-country season, from brutally hot to cold. You get kids coming to Hopkins from all over the country. How do you acclimate them to running there?
Van Allen: You nailed it as far as our kids coming from all different places. We've had a couple from Alaska and a couple from Hawaii as well.
A lot of adjusting is just trying to have the flexibility to train earlier or later in the day when it's cooler. It becomes a little more difficult after classes get started, and we're really at the mercy of the class schedule. That puts us practicing around 4 o'clock most days, and that end of August – early part of September period is pretty challenging.
On our most intense days, early in the year, we're trying to do a lot of those in the morning. We get up and start things around 6:30 AM and get them done before it gets too hot.
Fieldhouse: At Hopkins, they're facing a heavy academic load in the classroom. How do you balance that with running?
Van Allen: We start talking about this very early in the recruiting process. We emphasize that we're not really trying to get them to have equal time or have them balance their academics and athletics. They hear it from me early on – their academics or anything related to career goals or to internships or research are really their top priorities.
It really reduces the amount of stress by allowing our team to be that second priority after they've gotten everything done. I think a lot of it is managing stress levels and we have a great support system with our office of academic advising, study groups, and pilot programs. I just try to help encourage and foster that.
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• HB 44, which would allow farmers to obtain reduced annual license tax and registration fees for more than one truck tractor.
• HB 89, which would provide that community development districts remain wet if they are annexed by a municipality or if the territory of the district becomes a municipality.
• HB 129, which would codify regulations exempting private educational institutions from certain sales taxes.
• HB 102, which would create a new Alternative House Program, administered by the Alabama Housing Finance Authority.
• HB 88, which would allow unemployed individuals to earn up to a third of their weekly wages without impacting their benefit.
• HB 27, which would expand the definition of second-degree burglary to include burglary of a habitable-dwelling house.
• HB 58, which would make an alcohol-related death caused by boating under the influence subject to the same penalties as alcohol-related deaths caused by driving any other vehicle.
• HB 47, which would allow judges authorized to issue search warrants to issue warrants for the installation, removal, maintenance, use or monitoring of a tracking device.
• SB 89, which would make an alcohol-related death caused by boating under the influence subject to the same penalties as alcohol-related deaths caused by driving any other vehicle.
• SB 101, related to criminal background checks for those applying for insurance licenses.
• SB 38, clarifying that the state Department of Education does not regulate private, nonpublic or church schools.
• HB 62, that would change election deadlines to comply with overseas voting requirements. Goes to Gov. Robert Bentley to be signed into law.
• SB 113, requiring courts to accept credit card payments for certain court costs and fees.
• SB 159, exempting cottage food operations from certain county health department guidelines.
• SB 255 and SB 256, both bills related to cotton production.
• SB 61, revising merger and conversion provisions of the Alabama Business and Nonprofit Entities Code.
• SB 80, related to land use development near military installations in close proximity to local governments.
• SB 107, providing for procedures to prevent state electors to the Electoral College from casting votes unfaithfully.
• SB 162, creating the Alabama Uniform Partition of Heirs Property Act.


Very happy to have made another sale here. High $$s Country: Worldwide Usage: Editorial Media: Television (editorial) Print run: Unlimited transmissions Placement: Use within body of show Start: 19 November 2018 Duration: In perpetuity Licensed for a single edit, in perpetuity and across all media.
@ambrosiniv - Pictures of my travels.
That's really annoying that we have to search for it ourselves to report unclaimed sales. What if you have thousands of images, how do you choose which ones to search for?!
What do you mean by 'found during a random image search'? Do you mean to say it took about 3 years for it to report as a sale? Blimey.
This Mexico-based photographer got some pretty nice images from his "unique view spot". https://www.theguardian.com/football/2018/jul/12/photographer-croatia-good-shot-world-cup-yuri-cortez Luckily he wasn't hurt during the celebrations.
Thanks, I saw others mentioning this, but I wasn't sure what to 'drag', I've figured out now. Thanks!


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Q: Mono: WCF Service Timeout with basichttpBinding (Mono 2.10.8.1) I'm having WCF Client with basicHTTPBinding. That is working fine when running in Windows. but when running from Mono (Debian 2.10.8.1-5, Mono JIT compiler version 2.10.8.1) I immmediately get a timeout.
Unhandled Exception: System.TimeoutException: The operation has timed-out.
  at System.ServiceModel.Channels.HttpRequestChannel+HttpChannelRequestAsyncResult.WaitEnd () [0x00000] in <filename unknown>:0
  at System.ServiceModel.Channels.HttpRequestChannel.EndRequest (IAsyncResult result) [0x00000] in <filename unknown>:0
  at System.ServiceModel.Channels.HttpRequestChannel.Request (System.ServiceModel.Channels.Message message, TimeSpan timeout) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.Request (System.ServiceModel.Channels.Message msg, TimeSpan timeout) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.Request (System.ServiceModel.Description.OperationDescription od, System.Object[] parameters) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.DoProcess (System.Reflection.MethodBase method, System.String operationName, System.Object[] parameters) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.Process (System.Reflection.MethodBase method, System.String operationName, System.Object[] parameters) [0x00000] in <filename unknown>:0
[ERROR] FATAL UNHANDLED EXCEPTION: System.TimeoutException: The operation has timed-out.
  at System.ServiceModel.Channels.HttpRequestChannel+HttpChannelRequestAsyncResult.WaitEnd () [0x00000] in <filename unknown>:0
  at System.ServiceModel.Channels.HttpRequestChannel.EndRequest (IAsyncResult result) [0x00000] in <filename unknown>:0
  at System.ServiceModel.Channels.HttpRequestChannel.Request (System.ServiceModel.Channels.Message message, TimeSpan timeout) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.Request (System.ServiceModel.Channels.Message msg, TimeSpan timeout) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.Request (System.ServiceModel.Description.OperationDescription od, System.Object[] parameters) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.DoProcess (System.Reflection.MethodBase method, System.String operationName, System.Object[] parameters) [0x00000] in <filename unknown>:0
  at System.ServiceModel.MonoInternal.ClientRuntimeChannel.Process (System.Reflection.MethodBase method, System.String operationName, System.Object[] parameters) [0x00000] in <filename unknown>:0

I already checked it is no network connection issue as it runs from other (windows based) clients. Also the application is not waiting for the set timeout of 1 minute.
Here is the code I'm using to call the service:
// Application Authentication
DiscoveryService.LDEDiscoveryServiceClient client = new DiscoveryService.LDEDiscoveryServiceClient();
client.InnerChannel.OperationTimeout = TimeSpan.FromMinutes(1);
Console.WriteLine("Connecting to: " + client.Endpoint.Address.Uri);
string token = client.GetTokenV1();
Console.WriteLine(token);

And the app.config for the binding configuration:
<configuration>
    <startup>
        <supportedRuntime version="v4.0" sku=".NETFramework,Version=v4.5"/>
    </startup>
    <system.serviceModel>
        <bindings>
            <basicHttpBinding>
                <binding name="BasicHttpBinding_ILDEDiscoveryService" closeTimeout="00:01:00" openTimeout="00:01:00" receiveTimeout="00:01:00" sendTimeout="00:01:00" maxBufferSize="2147483647" maxReceivedMessageSize="2147483647"/>
                <binding name="BasicHttpBinding_ILDEDeviceService" closeTimeout="00:01:00" openTimeout="00:01:00" receiveTimeout="00:01:00" sendTimeout="00:01:00" maxBufferSize="2147483647" maxReceivedMessageSize="2147483647"/>
            </basicHttpBinding>
        </bindings>
        <client>
            <endpoint address="http://hostname/LDE/DiscoveryService/LDEDiscoveryService.svc" binding="basicHttpBinding" bindingConfiguration="BasicHttpBinding_ILDEDiscoveryService" contract="DiscoveryService.ILDEDiscoveryService" name="BasicHttpBinding_ILDEDiscoveryService"/>
            <endpoint address="http://hostname/LDE/DeviceService/LDEDeviceService.svc" binding="basicHttpBinding" bindingConfiguration="BasicHttpBinding_ILDEDeviceService" contract="DeviceService.ILDEDeviceService" name="BasicHttpBinding_ILDEDeviceService"/>
        </client>
    </system.serviceModel>
</configuration>