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Long Term Debt (Disclosure)
6 Months Ended
Apr. 30, 2014
Long Term Debt Details Abstract  
Long Term Debt Text Block

4. Long-Term Debt Instruments

 

We have an open combined debt and equity shelf registration statement filed with the SEC in July 2011 that is available for future use until its expiration date of July 6, 2014. We intend to file a new shelf registration statement with the SEC on or prior to the expiration of the existing shelf. Unless otherwise specified at the time such securities are offered for sale, the net proceeds from the sale of the securities will be used for general corporate purposes, including capital expenditures, additions to working capital, advances for or investments in our subsidiaries and for repurchases of shares of our common stock.

 

We are subject to default provisions related to our long-term debt and short-term borrowings. Failure to satisfy any of the default provisions may result in total outstanding issues of debt becoming due. There are cross default provisions in all of our debt agreements.