Search results for keyword: surety
"Guarantee Law of the People's Republic of China"
The Peoples Republic of Chinas Guarantee Law
The Peoples Republic of Chinas Guarantee Law (hereinafter referred to as the “Guarantee Law”) was adopted on August 31, 2001 by the 5th Session of the Standing Committee of the 10th National Peoples Congress and came into force on October 1 2001. The......
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performance bond
PERFORMANCE BOND
This Performance Bond (Undertaking) is made and entered into as of the date indicated below (the Effective Date) by and among [Parties] (the Obligor) jointly and severally and [Institution] (the surety).
W I T N E S S E T H
WHEREAS, the Obligor has been invited to submit its pr......
Warranty
Letter of Credit
What is a Letter of Credit?
A Letter of Credit (L/C) is a payment method that provides buyers and sellers with a guarantee from a financial institution. It is used primarily in international transactions and is one of the preferred methods of payment for buyers and sellers enga......
margin law
The concept of a security deposit can be an essential part of many legally binding contracts in which one party must pay a sum of money, typically a percentage of the cost of the goods or services involved, to the other party as an assurance that payment will be made if the goods or services are n......
Bid bond
Bid Bond
A bid bond is a surety bond issued by an insurance company or a bank to guarantee that a contractor will enter an agreement at the price they have bid on a project. The project owner typically requires the contractor to provide a bid bond to ensure they will not default on the contract i......
Ante Instrument Group Co., Ltd.
Autotronic Instruments Group Co. Ltd.
Autotronic Instruments Group Co. Ltd. is a global leader in industrial process instrumentation, providing complete solutions in areas such as level, pressure, temperature and flow measurement. Founded in 1987, Autotronic Instruments Group Co. Ltd. has establi......
Tian An Insurance Co., Ltd.
Dayin An Insurance Co., Ltd.
Dayin An Insurance Co., Ltd. (“Dayin An”) is a leading provider of insurance services in China. It provides a wide range of insurance products, such as property and casualty, business, health and life, to more than 65 million customers and over 160,000 commercial cu......
Shanghai Seoul International Electric Appliance Co., Ltd.
Shanghai Seoul International Electrical Appliances Co., Ltd.
Shanghai Seoul International Electrical Appliances Co., Ltd., is a professional suppliers of electrical and electronic products. We provide all kinds of products including domestic and industrial electrical equipment, lighting products,......
Guarantee Guarantee
Introduction
A surety bond is used to guarantee that a person or organization will fulfill an obligation required by law. surety bonds are a form of protection for businesses, organizations and individuals to ensure there is a guarantee that contracted services will be provided. Certain professio......
guarantee trust
Introduction
A bailment trust is a legal contract offered by a trust company or financial institution that allows a subject to deposit assets with a third party to ensure debt repayment. This type of trust agreement is often used by businesses when borrowing large sums of money from a financial i......
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