Sentences with phrase «liability under the guarantee»

The case involved issues relating to the actual and ostensible authority of the bank official who had signed the guarantee and the impact of variations of the underlying contract on the bank's liability under the guarantee.

Set off of a claim by AK In AK's own counter-claim for negligent misstatement, he pleaded the loss as being his personal liability under the guarantee and / or his beneficial ownership of the value of the yacht by virtue of his beneficial ownership in Paelten.

Not exact matches

«Guaranteed 48 hours Fund Value release» means release of the cheque on intimation of death of Life Insured towards the Fund Value accrued under your policy, in the beneficiary's name within 48 hours and does not in any way indicate acceptance of any other policy liability.

A final obstacle to the EFTA Court's interpretation could have emerged from recital 24 which precludes liability of a State and its competent authorities in respect of depositors «if they have ensured that one or more schemes guaranteeing deposits or credit institutions themselves and ensuring the compensation or protection of depositors under the conditions prescribed in this Directive have been introduced and officially recognized».

The relevant clauses of the CVA were: - 3.12 — payment of the dividend to any of the creditors released all liability of PRG under the guarantees.

Giambrone had explained to the claimants their rights, liabilities and protections under Italian law and that they would be protected by guarantees, yet proceeded to pay out the deposits when no such guarantees were in place.

Instructions include disputes relating to anti-suit injunctions, conflicts, jurisdiction, applications under Arbitration Act 1996, energy & natural resources, warranties in sales of businesses, professional negligence, guarantees, sale of aircraft, damage to & sale of fine art, product liability and supply of goods & services.

(a) the application of all or any of the provisions of this Division; or (b) the exercise of a right conferred by such a provision; or (c) any liability of a person for a failure to comply with a guarantee that applies under this Division to a supply of goods or services.

AJWAA GASES v AL GHAITH (2011, Commercial Court): claim on a demand guarantee raising issues of construction, including whether the underlying liability of the debtor has to be established as a pre-requisite to recovery under the guarantee.

On the subsequent exercise of a buy - sell provision relating to the business, the selling shareholder will expect not only to be paid out on his equity investment, but also to be released from potential liability under his personal guarantee.

He had the assistance of his German lawyer throughout, and advanced about $ 2m towards the purchase price of the yacht in addition to assuming the $ 3.5 m liability under the Kel guarantee.

The guarantor was held to pay the unlimited liability of the corporation, and the respondent was not required to exhaust recourse against the corporation before being entitled to make a demand under the guarantee.

We do not guarantee the accuracy of, and disclaim all liability for any errors or other inaccuracies relating to the information and description of the content, products, and services we expressly reserves the right to correct any pricing errors on the site and / or on pending reservations made under an incorrect price.

Compensation issued under the guarantee will not be considered part of any loss or settlement under the policy, nor an admission of any liability or wrongdoing on our part.

Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.

«Guaranteed 48 hours Fund Value release» means release of the cheque on intimation of death of Life Insured towards the Fund Value accrued under your policy, in the beneficiary's name within 48 hours and does not in any way indicate acceptance of any other policy liability.

Nothing in the Terms limits or excludes any guarantees, warranties, representations or conditions implied or imposed by law, including the Australian Consumer Law (or any liability under them) which by law may not be limited or excluded.