Sentences with phrase «issued letters of credit»

Issued letters of credit for 85 % of banking branches.

Typically, in the old days, the importer would have asked his bank to issue a letter of credit, and this would be sent to and accepted by the foreign exporter's bank.

The registration shall contain (i) the name and address of the credit services business, (ii) the name and address of the registered agent authorized to accept service of process on behalf of the credit services business, (iii) the name and address of any person who directly or indirectly owns or controls a ten percent or greater interest in the credit services business, and (iv) the name and address of the surety company that issued a bond pursuant to § 59.1 - 335.4 or the name and address of the bank that issued a letter of credit pursuant to § 59.1 - 335.4.

The name and address of the surety company which issued the bond, or the name and address of the bank which issued the letter of credit.

Thus, financial institutions and banks issuing letters of credit compete directly with MBIA Corp. to guarantee short - term notes and bonds with a maturity of less than 10 years.

To the extent that banks providing credit enhancement may begin to issue letters of credit with commitments longer than 10 years, the competitive position of financial guarantee insurers, such as MBIA Corp., could be adversely affected.

The amended letter of credit is collateralized by a certificate of deposit held by the bank that issued the letter of credit.

Exchange Accountant — Downstream Accounting (1990 — 1994) Gas Products Accountant — Natural Gas Liquids (1988 — 1990) Demurrage Analyst & Purchasing Agent — Baytown Refinery (1985 — 1988) Process Operator / Technician — Oil Movements Department (1979 — 1985) • Account for the exchange and sales of NGLs in the Gulf / East region of the U.S. • Review, analyze, and verify sales and exchange contracts and NGL sales invoices • Record journal entries and prepare inter-company sales reports • Monitor customer credit and payments / collection issuing letter of credit releases as needed • Introduce demurrage and product delay forecasting

Not exact matches

On April 5, a group of six NGOs working in the country addressed a critical letter to Zuckerberg, citing «issues that have been rife on Facebook in Myanmar for more than four years now,» criticizing the company for crediting its own systems with catching violent messages when in fact it had been these organizations doing the moderation work.

Variable Rate Demand Note Inventory and Remarketing PNC has a portfolio which approaches $ 8 billion and includes issues enhanced by letters of credit from investment grade commercial banks and insurance companies with bank liquidity facilities.

Wells Fargo, as the private construction lender for the project, issued a $ 72 million letter of credit to enhance the tax - exempt bonds, and made an $ 8.3 million construction loan.

In July 2013 — three months after the expiration of the fiscal commitments to the Birches at Fishkill — DHCR Commissioner Towns issued a letter making what's called a «Commissioner Determination» granting the Birches at Schoharie both $ 960,000 in annual federal low - income housing credits and $ 716,000 in annual state low income housing credits for 10 years once it's built and operating.

The governor is in full control of whether the DCED can issue these approval letters and issue them in time for this tax credit year and not jeopardize so many organizations that are really in the field to help low - income children to gain access to educational opportunities across the board.»

Some «one - size - fits - all» credit repair program where they send a bunch of letters to the bureaus is not going to yield any results for these issues.

A mortgage preapproval is a letter from a lender indicating how much of a loan you can qualify for, issued after the lender has evaluated your financial history — including pulling your credit report and score.

I myself have about $ 48,000 in student loan debt, and about $ 30,000 in collection fees, my loans was the Alaska state student loans, I get harassing calls all the time, I have my Alaska PFD garnished, they took away my state pharmacy tech license so I could not work, they said if I brought my account up to par (several thousand dollars paid asap) I could get it re-instated with requests and appeals, they send me letters saying they are going to garnish my wages, seize bank accounts, and basically put me on the street, one of the representatives on the phone told me after I asked her what people do when they cant afford a $ 1500 monthly payment or more, she said «you need to get 2 - 3 jobs then now don't you» my credit is ruined, if I get a job I face garnishments and bank account seizures, I also have been in the process of filing for disability due to my medical issues, and just simply cant pay the debt, what can I do?

The Federal Trade Commission staff has issued a couple of advisory opinion letters about contractors and the Fair Credit Reporting Act:

Then per their suggestion sent a letter and over 30 pages of proof of their mistake and the issue is still not resolved, hence me needing to call them every two weeks to check up on them to make sure my credit score doesn't suffer because of their constant mistakes.

recommend letters [top] Legal letters written in behalf of the client to employers, landlords, creditors, military, etc., stating that the client has sought legal help regarding his / her credit issues and that derogatory items are under investigation.

The following are deceptive acts: (1) To charge or receive money or other valuable consideration before the complete performance of services that a credit services organization has agreed to perform for or on behalf of a consumer, unless the credit services organization has under section 8 of this chapter: (A) obtained a surety bond issued by a surety company admitted to do business in Indiana; or (B) established an irrevocable letter of credit.

Letters of credit are most often issued for periods of less than 10 years, although there is no legal restriction on the issuance of letters of credit having longer terms.

In connection with Lease Amendment I, an amended letter of credit in the amount of $ 2.4 million was issued to the lessor.

The $ 10 million letter of credit has been issued by Credit Suisse S.A. in favor of PRO-CLAIM INC., of Highlands Ranch, Colorado, acting as trustee of a trust for the benefit of Globus, Cosmos, Monograms and Avalon Waterways customers who advance deposits or payments for any Globus family of brands tour departures sold in the United Scredit has been issued by Credit Suisse S.A. in favor of PRO-CLAIM INC., of Highlands Ranch, Colorado, acting as trustee of a trust for the benefit of Globus, Cosmos, Monograms and Avalon Waterways customers who advance deposits or payments for any Globus family of brands tour departures sold in the United SCredit Suisse S.A. in favor of PRO-CLAIM INC., of Highlands Ranch, Colorado, acting as trustee of a trust for the benefit of Globus, Cosmos, Monograms and Avalon Waterways customers who advance deposits or payments for any Globus family of brands tour departures sold in the United States.

Sometimes you'll see approval immediately and other times you'll receive a letter and / or a phone call to verify your approval or denial of credit card issuing.

-- Direct loans, letters of credit and loan guarantees by the Administration shall not exceed an amount equal to 80 percent of the project cost of the facility that is the subject of the loan, letter of credit or loan guarantee, as estimated at the time at which the loan, letter of credit or loan guarantee is issued.

In case of withdrawal due to medically certified illness, a Cooper Union Letter of Credit / Electronic Voucher will be issued upon receipt of physician's documentation.

Michael advises on a wide range of shipping, shipbuilding and offshore, international trade and commercial litigation issues including charterparties, memoranda of agreement, shipbuilding and offshore construction contracts, marine and commercial insurance, agency agreements, letters of credit and commercial notes.

He has had extensive experience in charterparty work, bills of lading, cif and fob disputes, letters of credit, ship management issues and general commercial contract disputes.

The Internal Revenue Service has issued a private letter ruling to an individual owner of solar panels installed in an offsite net - metered community - shared solar project confirming the individual's eligibility for the income tax credit under Section 25D of the Internal Revenue Code.

Upon discovering the privacy breach, Alberta took several steps to rectify the situation and prevent any similar recurrence, including issuing a letter of apology to all affected employees, ensuring that any records that were inappropriately obtained were destroyed, and offering compensation for any costs the employees may have incurred or would incur because of the unauthorized credit check.

Mr. Hensley's litigation experience is broad in nature, encompassing such diverse practice areas as: real estate issues of almost any nature; construction defect litigation (both plaintiff and defense, representing developers, contractors, managers, subcontractors, and design professionals); federal and state securities class action / derivative defense; partnership / corporate governance issues; UCC / commercial paper / letter of credit issues; intellectual property / trade secret / unfair competition issues; wrongful termination / harassment trials; wage / hour class action defense; contract formation and interpretation issues; bankruptcy adversary proceedings; health care disputes; telecommunications issues; and debtor / creditor financing issues involving both secured and unsecured interests.

The issues in the case include (i) identification of the true creditor of the issuing bank's obligation under a letter of credit; -LSB-...]

We represent the interests of business borrowers in financial transactions including; acquisition financing, working capital loans, syndicated bank loans, public or private note / bond issues, leveraged recap transactions, asset based financing for working capital and acquisitions, and letter of credit transactions.

By unanimous decision, the Supreme Court overruled the decision of the Court of Appeal in Power Curber which had stood for 35 years, and ruled that the situs of the debt owed under unconfirmed letters of credit is where the issuing bank resides, in this case London.

It would have been entirely foreseeable by SOMO that a majority of the letters of credit against which they sold oil would be issued out of London and subject to English law.

London is one of the two major financial centres of the world and enormous numbers of letters of credit are issued by international banks from their London branches.

Extensive experience in issuing import and export letters of credit, and revolving Letters of Ccredit, and revolving Letters of CreditCredit.

Additionally, on June 2, 2016, NAR issued a letter of support for H.R. 4172, the «Credit Access and Inclusion Act of 2015,» introduced by Reps. Ellison (D-MN) and Fitzpatrick (R - PA).

NAR also issued a support letter for the Senate companion bill, S. 2355, the «Credit Access and Inclusion Act of 2015,» which was introduced by Sens. Kirk (R - IL) and Manchin (D - WV).