Sentences with phrase «letters of credit for»

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.
Issued letters of credit for 85 % of banking branches.
We have introduced innovative products, like digital letters of credit for the shipping industry.
Managing contracts, agreements, leases, real estate deeds, trusts and even commercial letters of credit for trade exchange through self - executing smart contracts can deliver even greater value for the global community.
Chicago Public Schools recently guaranteed $ 4.5 million of a $ 5.5 million letter of credit for Perspectives Charter School, a charter school serving a diverse, low - income population in grades 6 - 12 in downtown Chicago.
Any person claiming against the bond or letter of credit for a violation of this Act may maintain an action at law against the credit services business and against the surety or bank.

Not exact matches

In this scenario, you obtain a letter of credit from your customer when the order is placed, and the material for the bags is purchased using this letter of credit as security.
What if a foreign customer goes for the letter - of - credit option?
«We're pretty blunt about telling new customers that until we get to know them better, we insist on payment in advance — for which we give them a 2 % price discount — or payment through a confirmed, irrevocable letter of credit,» says John Kirchgeorg, the owner of Life Corp., a manufacturer of emergency oxygen units in Milwaukee.
KeyBank N.A. provided the construction loan and construction letter of credit facility for the project, while KeyBanc Capital Markets Inc. acted as lead arranger for the deal.
GUELPH, Ontario, Canada, November 15, 2017 — Recurrent Energy, LLC («Recurrent Energy»), a wholly owned subsidiary of Canadian Solar Inc. («Canadian Solar» or the «Company»)(NASDAQ: CSIQ), today announced it has closed on a combined construction loan and construction letter of credit facility for the 20 MWac / 28 MWp Gaskell West 1 solar power project.
The latter, which yields about $ 23 billion in revenue for banks across the globe, according to Bain, poses a chance for banks to switch from manual, expensive and error - ridden letters of credit to a more streamlined, secure and efficient distributed ledger.
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.
This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; and real estate and mortgage brokerage services.
RBC Transaction Banking has a leading market share among Canadian banks for export letters of credit coming into Canada, and is used by 80 per cent of the world's top 20 banks for standard settlement in CAD.
borrow up to the lesser of (i) $ 180.0 million, including up to $ 50.0 million for the issuance of letters of credit and up to $ 25.0 million for swing line loans and (ii) the borrowing base then in effect less the amount then outstanding under letters of credit and loans.
You will need to provide Canadian Tire Petroleum with a bank letter of credit which will be used as security for the gasoline inventory.
The 2014 Recapitalization Agreement would also provide for the issuance of a new note with a principal amount of $ 50.0 million and a $ 100.0 million letter of credit facility.
As of March 22, 2013, the company had $ 194 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had $ 89 million of vacation ownership notes receivable eligible for securitization.
Consider writing a letter of explanation for credit inquiries, tax liens or other negative marks on your credit report.
The IRS published a Private Letter Ruling last Friday, responding to a request to determine whether, the cost of installing energy storage to be integrated into a residential PV system would qualify as a «qualified solar electric property expenditure» eligible for the Investment Tax Credit (ITC).
Whether your payment terms of sale are designated «at sight» or for longer payment terms, PNC will provide you with an exact date of payment once your documents are in compliance with the terms and conditions of the Letter of Credit.
As of June 20, 2014, the company had $ 197 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had approximately $ 170 million of gross vacation ownership notes receivable eligible for securitization.
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.
Borges, for instance, believed him a far more important figure in French letters than any of his more celebrated near contemporaries, and credited him with having invented an entirely new approach to aesthetic experience, reconciling (without merging) the traditions of Asia and Europe.
It depends on how many names you send us of family members, friends, and associates who should be reading FT.. We'll send them a letter giving you credit for suggesting that we get in touch.
«Important choices must be made: we must weigh the benefits of tax credits for low - income people and tax breaks for high income people; of nutrition assistance to low - income families and subsidies to agricultural businesses,» the letter says.
The disturbing selections — which, to give the editors full credit, are faithfully green - lettered — suggest that the whole idea of «God's care for creation» is far more complex than our usual pieties indicate.
Plus, the 2017 U.S Mid-Amateur Championship, who credits Tiger Woods for infusing in him the passion for the game, has the four - time Masters winner in his corner (he received a congratulatory letter from Tiger after his Mid-Am win and may play a practice round with him on Wednesday) and his dad, a retired captain of the same Brockton FD on which Matt serves, on the bag.
We bought Ozil on the last day of the transfer window because of that tough letter by the Arsenal Supporters association, but i still credit Wenger for getting him
Dear Sgt. Jones: Thank you for a wonderful letter, but the credit for the success of Operation Dear Abby belongs to the thousands of generous and patriotic Americans who work hard each year to be sure our troops are remembered.
I take your point about the letter from Ray Cortines but I do still wonder whether the «new menu» (for which Jamie seems to take more than a bit of credit in the season finale) was already in the works before he came to L.A. My guess is still yes, just because there's likely to be considerable lag time in planning and procuring a new menu for a district of 700,000 kids.
In this case, a letter explaining the extreme circumstances will be submitted to the OKAPT Board for consideration of a refund or credit.
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.
The condition in the agreement between the Bank and Innoson, for the release of the Imported Goods by the Bank to Innoson, was the payment of 25 % of the value of each Letter of Credit transaction by Innoson.
«It is standard business practice for any commercial lease that the leasor would ask the leasee to put up a letter of credit,» PRI said in its statement.
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 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.
TOR has not been refining crude for more than a year due to huge debts and failure to secure letters of credits.
Fuentes was credited with implementing clearer guidelines for disbursing CDBG funds and correcting past practices which had led to warning letters from the U.S. Department of Housing and Urban Development about compliance with program rules.
Mr. Idrissu, during the press conference, made reference to a letter that indicated that a credit facility of GHc10, 459,500 was earmarked for McDan on the authority of the Finance Ministry.
In a Nov. 15 letter to Speaker Paul Ryan, R - Wis., and Minority Leader Nancy Pelosi, D - Calif., a broad array of scientific and engineering societies called on House leaders to drop provisions in the tax bill (H.R. 1) that would eliminate tax credits, known as the Lifetime Learning Credit and the Hope Scholarship Credit, that alleviate the financial strain of higher education by providing a dollar - for - dollar reduction in the income tax liability of eligible students.
I gave a lot of credit to Yoga with Adriene for her inspiration, and thanked her in this letter.
The system of payment for opening letters is the following: men should first purchase credits (as low as $ 1 per credit) and then apply credits to each opened letter.The number of credits needed to open each letter varies.
As you see, UADreams charges $ 6.99 for 1 E-mail credit, $ 6.99 for 1 Decoration of the letter or $ 14.95 for 10 minutes VideoChat + 3 minutes Free.
For most sites the minimum amount of credits you can pre-purchase will be around $ 100, with the minimum price per letter of around $ 3.
The problem is that you have to pay for each letter by credit card and you will end up paying a lot of money for nothing, mainly because the letters are not writing by who you think they are from.
Starting with the credits, typical of the SF series of the 80s (the typography of the letters etc....) We also find a mix of all that was made that time, for example E.T the
«In an earlier letter I credited director Gary Ross for his wonderful rendering of the first book, but now I turn to Francis Lawrence who has so amazingly helmed the rest of the franchise,» she continued.
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