Chapter I. Introduction Definition of Letter of Credit A letter of credit or L/C is a conditional undertaking of payments by a bank. It is an undertaking issued by a bank for the account of the buyer (the applicant )or for its own account, to pay the beneficiary the value of the ...
Under the ‘Services’ tab, the ‘User Services’ drop-down has the option of ‘Furnish Letter of Undertaking (LUT)’. Once this is selected, the first thing to do is to select the financial year. This is where a manually furnished LUT can also be uploaded in PDF or JPEG format. Next...
undertaking letter of the off-site material payment 青云英语翻译 请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! 翻译结果1翻译结果2翻译结果3翻译结果4翻译结果5 翻译结果1复制译文编辑译文朗读译文返回顶部 场外材料支付承诺书...
income,socialsecurityandunemploymenttaxes,orotherpaymentsowedonthemoneyspaidto youorforyouraccountonyourbehalfbytheInstituteinconnectionwithyourGrant.Youagree toindemnifyandholdtheInstitute,itstrustees,officers,employeesandsuccessorsharmless againstanyandallclaimsrelatingtosuchtaxesorpayments.Theobligationsunderthissection...
our undertaking is conditioned upon the beneficiarys fulfillment of the obligations as set forth in the contract with the seller.本银行在此不可撤销地保证我们自己及我们的继受人,一旦收到贵方提出的的书面索款通知,声明卖方未能履行其合同项下的义务而违约以及具体的违约行为并且贵方据此索赔, 将在七(7)个...
of the issuer:(1) To repay money borrowed by the applicant, or advanced to or for the account of the applicant or;(2) To make payment on account of any indebtedness undertaken by the applicant or;(3) To make payment on account of any default by the applicant in the performance of an...
The final payment is made by me and I am enclosing a copy of my contract. Your services were very good and I look forward to renew your contract at my new location. Kindly confirm my contract cancellation. Thank you. Sincerely, Signature Name social share ...
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efforts in supporting us with the undertaking.Again, thanks so much for your enthusiastic participation in our conference. I have no doubt that it would not have been the success that it was without your presence. Best Regards, ___(Your name and Your Digital Signature) Rejection Letter Dear...
as if by magic, suddenly turns into a non-refundable down payment, never to be seen again. To avoid undertaking such risks, many importers rely Letters of Credit (L/C) to pay their suppliers, which requires no such deposit. Instead, the payment is released only when the goods are shipped...