All of the T shareholders transfer their AC stock to a holding company or a trust for the benefit of a family member: Although technically, the attribution rules do not apply in measuring a disposition for continuity of interest purposes, it is "more likely than not" that such a transfer will not adversely
affect the "B" reorganization; see Rev.
Whether we are successful in licensing and enforcing our intellectual property rights or in defending against alleged infringement of the intellectual property rights of others which could adversely affect our revenue, earnings, expenses and liquidity;
Whether our pension and postretirement plan costs and contribution levels are impacted by changes in actuarial assumptions, future market performance of plan assets or obligations imposed by legislative or regulatory authorities which could adversely affect our financial position, results of operations and cash flow;
Whether we are successful in attracting, retaining and motivating key employees which could adversely affect our revenue and earnings;
Changes in currency exchange rates, interest rates and commodity costs which could adversely impact our results of operations and financial position;
The regulatory status of some of our products makes these products subject to increased competition and other risks, and we run the risk that we, or third parties on whom we rely, could violate the governing regulations; if generic competitors that compete with any of our products are introduced, our revenues may be adversely
The percentage of adversely
classified credits rose in 1999 for most major industry sectors compared with 1998.
The Company depends on external financial resources and any interruption in access to capital markets or borrowings could adversely affect the Company's financial condition.
Interest rates portions of the Company's external borrowings are variable and the Company's borrowing costs could be affected adversely by interest rate increases.
Employee benefit costs, especially post-retirement costs, constitute a significant element of the Company's annual expenses, and the funding of these costs could adversely affect the Company's financial condition.
Additional risks and uncertainties not presently known to the Company or that it currently believes to be immaterial also may adversely affect the Company.
Future sales of our common stock in the public market, such as upon conversion of our outstanding convertible securities, could adversely affect our stock price.
Civil litigation arising out of or relating to previously settled governmental investigations or other matters, governmental or regulatory investigations and/or examinations and the legal risks associated with our business could adversely impact our assets under management, increase costs and negatively impact our profitability and/or our future financial results.