Berkshire's guarantee of subsidiary debt is an absolute, unconditional and
irrevocable guarantee for the full and prompt payment when due of all present and future payment obligations.
Edelweiss Agri Value Chain Ltd. (Unconditional and
irrevocable guarantee from Edelweiss Financial Services Limited)
Vizag General Cargo Berth Pvt. Ltd. (backed by unconditional and
irrevocable guarantee of Vedanta Ltd)
Powergrid Vizag Transminssion Ltd. (backed by unconditional and
irrevocable guarantee by Powergrid Corp)
Not exact matches
For instance, financial
guarantee contracts are reported for regulatory purposes as property and casualty insurance, normally considered short - duration, but have elements of long - duration contracts in that they are
irrevocable and extend over a period that may be in excess of 30 years.
The annuities I am referring to are «life annuities» —
irrevocable insurance products that in exchange for a payment offer a minimum level of
guaranteed income that lasts a lifetime.
Charitable Annuities — An annuity funded with an
irrevocable gift (cash, stock or, in some states, real estate) and consists of a simple contract between you and the Humane Society of Greater Miami whereby the Society
guarantees to provide you and / or another beneficiary fixed, regular payments for life.
Those are the two highest prices on the London market in the last five years (the Modigliani, unlike the Picasso, was
guaranteed to sell because of a third - party «
irrevocable bid»).
Phillips has a client who placed an
irrevocable bid,
guaranteeing that the 6.6 - foot - wide artwork sells at auction, the company said.
Future inheritance is not
guaranteed unless it is set up into some sort of
irrevocable trust.
The disadvantage of such an annuity is that the election is
irrevocable and, because of inflation, a
guaranteed income for life is not the same thing as
guaranteeing a comfortable income for life.
That is what makes
guaranteed universal life insurance a popular choice for estate planning, such as funding an
irrevocable life insurance trust.
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The most common reasons to purchase a
guaranteed universal life insurance policy include: leaving an inheritance, providing money to your surviving family to cover the cost of your final expenses, and to protect your estate from estate taxes with an
irrevocable life insurance trust.
In addition to finding an
irrevocable life insurance trust to avoid estate taxes,
guaranteed universal life insurance can also be used to leave a tax - free inheritance, fund a buy - sell agreement, fund a special needs trust, or maximize a pension.