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Search results for keyword: recourse
Convention on the Uniform Law of Checks
UNIFORM CHEQUE CONVENTION The Uniform Cheque Convention (UCC) is a multilateral treaty proposed by the International Union of Central Authorities for the Facilitating of International Payments (IUCAP), for the purpose of providing a comprehensive, uniform legal framework for the facilitation of i......
tags: cheque payment ucc check act paper
13/07/2023
1047
Olivia
letter of guarantee
Guarantee Agreement This Agreement is entered into on [date] between [name of provider of guarantee], having its registered office at [address] (hereinafter referred to as Guarantor), and [name of beneficiary], having its registered office at [address] (hereinafter referred to as Beneficiary). ......
tags: any beneficiary agreement company agreement any
12/07/2023
1045
Avery
Factoring
Factoring Factoring is a type of financial service that allows a business to immediately gain access to funds that are owed to them from their customers. This can help a business improve cash flow, as the funds are available to them before the customer pays them. It is sometimes referred to as ‘......
tags: factoring can factor client factor company
12/07/2023
1036
Sophia
Secured Debt Obligations
Secured Debt Obligation Introduction A secured debt obligation is a financial agreement in which a lender loans money to a borrower and the loan is backed by collateral. This collateral can be any asset that the borrower owns and can be used to repay the loan if the borrower defaults. Because th......
tags: collateral loan obligation security debt payment
11/07/2023
1048
Megan
Mortgage Participation Certificate
Mortgage Participation Certificate (MPC) A mortgage participation certificate (MPC) is a mechanically and financially packaged security that represents a defined portion of a pool of mortgages. MPCs are not mortgage-backed securities (MBS) as they are issued through private placement and there ar......
tags: mortgage mpcs pool pc loans investors
11/07/2023
1047
Hannah
specific performance law
Appropriate Performance of Contracts Parties often enter into contracts for goods and services, with the intention to perform those obligations to a standard considered by the parties to be appropriate for the purpose of the goods or services agreed upon. Modern contract law requires that partie......
Loan Contract
Loan Agreement This Loan Agreement (the “Agreement”) is entered into this day [Date] by [Name of Lender], of [Address], (the “Lender”) and [Name of Borrower], of [Address], (the “Borrower”). WHEREAS: A. The Borrower has requested a loan of [Amount] (the Loan) from the Lender, which the ......
tags: agreement shall borrower party loan b
09/07/2023
1067
Lily
customer account facility loan
Guest Booking Credit Line Loans Whether you are a business traveler, a student on a budget, or an occasional traveler, there are times when you need access to a quick and easy source of funding, such as a credit line loan. With a Guest Booking Credit Line Loan, you can quickly and conveniently ta......
tags: credit line loan customers loan travelex
08/07/2023
1048
Sophia
income
Income inequality has been increasing in the United States for the past several decades. This has been a major concern for both economists and policy makers alike. The concentration of wealth among the wealthiest members of society has been an ongoing problem. This has resulted in a widening gap b......
tags: income inequality can wage minimum workers
07/07/2023
1033
Ethan
offshore bank
Offshore Banking Offshore banking is a financial practice that has become increasingly popular in recent years. It involves placing money or other assets in a bank located outside of the country in which the depositor lives. Offshore banking is commonly used by the wealthy and the risk-adverse se......
tags: offshore banking bank banking offshore their
07/07/2023
1068
Avery
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