Sentences with phrase «letter of credit supported»

In one recent case, he represented a bank whose $ 37.2 million letter of credit supported the financing of what was supposed to have been a state of the art biomass - fueled power plant.

Not exact matches

Eleven of the banks — Bangkok Bank, BBVA (Banco Bilbao Vizcaya Argentaria), BNP Paribas, HSBC, ING, Intesa Sanpaolo, Mizuho, RBS (Royal Bank of Scotland), Scotiabank, SEB and US Bank — are preparing to use R3's blockchain software Corda to test an application aimed at cutting costs and increasing efficiency in the processing of sight letters of credit, which, as it is intended, will be payable immediately upon receipt of the letter and supporting documents by the relevant financial institution.

Banks involved in testing Project Ubin, including Bank of America Merrill Lynch and HSBC Limited, as well as government organizations like the Infocomm Development Authority of Singapore are seeking to exploit the capabilities of blockchain provenance systems to improve efficiency and security for transactions such as letters of credit (LOC); LOCs support some $ 2 trillion of transactions in the importer / exporter market, but can be difficult to manage, as they generate a copious amount of time - consuming paperwork.

To give credit where it is due, a group of House Republicans sent a letter to President Obama explaining that the Senate immigration bill the president supports would sharply increase low - skill immigration and put downward pressure on the wages of low - skill Americans and low - skill noncitizen....

To give credit where it is due, a group of House Republicans sent a letter to President Obama explaining that the Senate immigration bill the president supports would sharply increase low - skill immigration and put downward pressure on the wages of low - skill Americans and low - skill noncitizen residents.

The Partnership and the Association for a Better New York have sent out letters in support of the charter cap, which de Blasio also does not support, but have made it clear that they do not want the cap or tax credit to be linked to mayoral control.

Another group of business leaders, corraled by the Partnership for New York City, sent out a similar letter on Monday afternoon, just minutes after de Blasio's press conference, expressing support for the education tax credit.

March 26, 2015: NSBA Signs on to NCPE Coalition Letter Opposing Vouchers NSBA, along with 52 other members of the National Coalition for Public Education (NCPE), writes the Senate to express our strong opposition to any amendments to the Fiscal 2016 Senate Budget Resolution (S. Con Res.11) that would support the creation of a private school voucher or tuition tax credit program.

Many Scholarship Organizations now require their families who receive scholarships to write to their elected officials to thank them for their support of the initiative, thus generating thousands of letters a year to Harrisburg on behalf of the EITC (Earned Income Tax Credit) Program.

Our turnkey credit repair packages have everything needed to start a credit repair business; advanced features, additional letters, support, and bonus materials that include client contract, rate sheet and power of attorney.

Keep copies of your initial dispute letter and supporting documents, and communications with the credit reporting bureaus.

Standby Letter of Credit With a Standby Letter of Credit, Webster supports your monetary obligations, or your financial performance under a contract.

Send copies of supporting documents — not originals — to your creditors and credit reporting companies with your dispute letters.

However, timely payment of interest and principal of these pools may be supported by various forms of insurance or guarantees, including individual loan, title, pool and hazard insurance and letters of credit.

(Sec. 188) Authorizes CEDA's Administrator to provide credit support (direct loans, letters, of credit, loan guarantees, insurance products, and the purchase of debt instruments) to enhance the availability of private financing for clean energy technology deployment.

Frontiers of Freedom was a signatory to a letter to House members urging them to support a bill that would kill the wind production tax credit (PTC).

Read the latest blog post from our new portfolio company, Clause: Today brought fascinating news of the world's first shipment of goods supported by a letter of credit using blockchain - based smart contracts and the Internet of Things (IoT).

Designed, installed, trained and supported the international based letter of credit software.

NAR signed onto an industry coalition letter in support of the «Credit Score Competition Act,» introduced by Senators Scott (R - SC) and Warner (D - VA).

On June 13, 2016, NAR sent a letter of support to Reps. Royce (R - CA) and Sewell (D - AL) for introducing H.R. 4211, the «Credit Score Competition Act of 2015.»

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).