Search results for keyword: debtors
Creditor's right of rescission
Introduction
A revocable power of attorney, sometimes known as a springing power of attorney, is a legal document that allows a person, called the “principal,” to give another person, called the “attorney-in-fact” or “agent,” the authority to act on their behalf. The principal retains the ......
1065 
Harrison
long term debt
Long-term Debt
Long-term debt refers to a loan or debt that remains unpaid for more than a full year. It is the type of debt that most businesses and individuals incur when financing large projects or making significant investments. Many types of long-term debt are available, each with its own a......
payment guarantee
Payment Guarantee
Payment guarantee is an important tool used to ensure that payments are made. It helps protect both the seller and the buyer from non-payment or delayed payments, or from other unforeseen circumstances. Payment guarantee is often used as a form of security or “insurance” for......
International Trade Credit
International Trade Credit
International trade credit is a key factor in enabling businesses of all sizes to engage in global commerce. The ability to obtain credit for large projects or purchases can give companies the capital necessary to take part in transactions in different countries and mar......
financing external guarantee
Introduction
Foreign financing with collateral is an effective and important tool for businesses to finance their operations. By providing financial institutions with collateral to secure their investment, businesses are able to obtain liquidity and funding at a lower cost than through traditiona......
Export Credit State Guarantee System
Export Credit State Guarantee System
The export credit state guarantee system is a type of guarantee system operated by various governments to support exports and foreign investments originating in its own companies.The system provides either partial or total guarantee to a debt being incurred b......
Customs Risk Bond
HONG KONG CUSTOMS RISK GUARANTEE GUARANTEE
This guarantee is made and agreed this 15th day of August, 2020 by [Holder], herein referred to as the Holder.
WHEREAS, Holder, and [Company], herein referred to as the Company are entering into an agreement whereby [Company] agrees to use the services ......
guarantee contract
INTERCREDITOR SECURITY AGREEMENT
THIS INTERCREDITOR SECURITY AGREEMENT (the Agreement) is entered into on the ___day of _________, 20__ (the Effective Date), by and between ___________, a ___________ company (the Lead Lender) and ___________, a ___________ company (the Subordinate Lender).
WHERE......
advance payment guarantee
Prepayment Performance Bond
A Prepayment Performance Bond, also known as an Advance Payment Bond, is a type of surety bond typically required by a principal (buyer) before advancements of money are made to a contractor. The bond provides an assurance to the principal that the contractor will perf......
indirect guarantee
Indirect Guarantee
An indirect guarantee is an unofficial promise to uphold the obligations of another person. It does not involve legal or financial obligations. Instead, an indirect guarantee is based on an individuals integrity and honor. This type of guarantee is sometimes used in a business ......
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