Sentences with phrase «letters of credit»

Garcia walks his clients through the entire process — from selecting the property to finding the right lender to obtaining letters of credit from their banks back home.

It's time to stop drooling over all of these people that stand up at events and give yellow letters all of the credit for making them so successful in attracting motivated sellers and closing high profit transactions.

· Demand letters of credit from a prospective tenant.

Transactions just since Christmas include an additional $ 500 million loan facility (Jan. 4), two letters of credit worth as much as another half - billion (Dec. 29), an agreement to sell Craftsman tools for a total of $ 900 million (Jan. 5) and the announcement of 150 more store closings (same day).

The loan facility and letters of credit were extended «on an arms - length basis and reflect the best terms available to the company,» he said.

I am no expert on bank letters of credit but I do know that lines of credit can be used to purchase properties.

Standby letters of credit and similar financial instruments can also be used if necessary.

Telecoms rarely need letters of credit or advance rental payments to overcome the lack of credit history common among Internet start - ups.

The lawsuit claims Opus defaulted on the loan in February, and alleges that Opus still owes about $ 75 million in principal and $ 3.58 million from letters of credit.

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

Closed letters of credit upon utilization and performed bank reconciliations.

2002 to 2003: Letters of Credit Officer, Lebanon & Gulf Bank S.A.L., Beirut — Lebanon Oversight of all administered letters of credit, corresponding with foreign banks regarding legal documents and currency exchange rates, transfer of funds, and all bank reconciliations.

Issued letters of credit for 85 % of banking branches.

Obtains necessary information to process and complete letters of credit and related financial transactions.

- 5 + years of operations in a bank - Must have strong knowledge of banking products and services including deposits, wires, loans, collections, letters of credit, etc -

Obtained foreign exchange import permits, established corresponding letters of credit and insured goods to be imported

The products they offer include treasury services, loans and credit, trade finance (such as letters of credit), and employer services (such as payroll).

Excellent working knowledge of contracts, loan documents, partnership agreements, letters of credit, title policies and endorsements

According to Ueno, Mizuho will use Corda to digitize documents like letters of credit and bill of lading invoices, which are primarily paper based today.

«This will increase trade finance process efficiencies by substantially shortening letters of credit issuance time, reducing trade paperwork processing costs and removing delivery delays by enabling faster creation and secure transfer of digital trade documents between participants.»

And equally, critical items of documentation such as bills of lading or letters of credit.

The blockchain will record data from every step of this transaction, from stipulating the terms of the contract, over managing collateral to obtaining letters of credit and finalizing the payment.

First, they should legislatively identify the status of cryptocurrencies, define such terms as «technology of distributed ledgers», «digital letters of credit», «digital mortgage», «cryptocurrency», «token», «smart contract».

According to Joshua Kroeker, this launch would be the culmination of the work done in the last two years which include trials conducted using blockchain technology to replicate letters of credit.

ABN AMRO on the other hand is looking at how blockchain smart contracts can be applied to problems in trade finance and transaction banking e.g. how the technology can facilitate issuance of letters of credit, in which a bank guarantees that a buyer's payment will be received according to the agreed set of conditions.

Documents of any kind, including but not limited to documents, bills, currency, deeds, evidences of debt, letters of credit, stamps, credit cards, money, notes, securities, transportation or other tickets.

$ 1,000 on securities, accounts, deeds, evidences of debt, letters of credit, notes (other than bank notes), manuscripts, passports, tickets and stamps.

The cover is meant for Indian banks which confirm foreign letters of credit and subjects themselves to risks from non-reimbursement of the amount they have paid to the exporters by the foreign banks

We have tried virtually every type of banking dispute, including lender - liability actions, suits by loan participants, actions arising out of letters of credit and other forms of commercial paper, commercial and residential foreclosure actions and loan fraud matters.

Development and securitization of synthetic life insurance products, letters of credit and reinsurance transformer transactions providing protection for guaranteed benefits

We advance and defend all types of construction proceedings in all areas of construction law including construction lien claims, damage, delay, scheduling and impact claims, construction trust claims, deficiency claims, claims on bonds and letters of credit, claims involving tendering and procurement and professional liability claims.

In particular, it is not allowed to provide legal advice, conclude contracts or open or negotiate any letters of credit.

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.

In the case of letters of credit, there was no basis for departing from the ordinary rule, that the situs of the debt is where the debtor resides.

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.

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.

«International trade, and particularly the international oil trade, is conducted predominantly by means of letters of credit.

By a majority of 3:2, the Supreme Court held that the creditor under the letters of credit was SOMO alone:

In an important judgment given on Wednesday 25 October 2017, the Supreme Court has laid down important principles for the enforcement of international arbitral awards and specifically for the interception of funds payable under letters of credit

2017 has seen several judgments of great interest relating to trade finance, letters of credit, fraud and the enforcement of judgments and awards.

Eric's experience includes commercial loan portfolio financings, collateralized loan obligation (CLO) transactions, loan warehouse facilities, insurance linked securities, commodity financing arrangements, letters of credit and general corporate finance transactions.

Trade finance disputes involving letters of credit, performance bonds, guarantees and other documentary credits

In the finance area, he works on real property secured, personal property secured, and unsecured financing transactions of various types, including syndicated loan transactions, single lender transactions, intercreditor arrangements, letters of credit, work - outs, foreclosures, and other types of remedy enforcement.

Amongst other matters, the Court unanimously overruled earlier Court of Appeal authority on the situs of debts arising under letters of credit.

We advise on various types of trade finance facilities, including factoring, purchase order financing, pre-export and post-shipment commodity financing, counter trade and letters of credit.

These laws can apply to sales or leases of goods, the interpretation of negotiable instruments, bank deposits, letters of credit, bills of lading, secured transactions, and more.

He has also acted in a number of cases involving restraint of draw down under letters of credit (e.g. Group Josi v Walbrook — successfully enforcing draw down of letters of credit in face of alleged fraud of underwriting agents); enforcement of performance bonds and corporate and governmental guarantee (Marubeni v Mongolia).

Represented the claimant in a dispute arising from contracts for the sale of aluminum, involving letters of credit and defamation claims.

He has acted (both for bank and for customer) in a series of complex high value and high profile banking disputes involving the enforcement of structured and securitised loans; guarantees, letters of credit, derivatives and put options.

Recent experience includes disputes alleging negligent fund management, negligent lending decisions, insurance backed assets, letters of credit, performance bonds.