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... Participants, and in any CCC-originated documents pertaining to the GSM-102 and GSM-103 programs wil... obtained the legal rights to receive the payment of proceeds under the payment guarantee. (b) CCC. ...dollars against stipulated documents and issued in favor of the ex...
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... fulfilled, whereas, with on-demand bonds payment has to be made if the demand is in compliance with... approach adopted when construing such documents. . Vossloh Aktiengesellschaft v Alpha Trains (UK) ... as giving rise to any liability to pay against a mere assertion of breach. VAG further argued tha...
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Sometimes experienced traders can find themselves frustrated by unexpected legal realities. A recent case involved a particularly complicated instance of Warehouseman's Lien. The warehouseman was exercising 'Warehouseman's Lien', that is the right to recover unpaid charges for storage services by selling the goods held. Of course, the warehouseman must account to the owner of the goods for any excess received over the unpaid charges, but sale of the goods cannot be stopped except by payment of the outstanding debt. In this case, ownership of the goods was problematic. Cash against documents can only be used where the delivery chain is exclusively in the control of the seller; it specifies that no term of credit is available to the buyer.
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Sealed bids for the UV Disinfection and Capital Improvements - Contracts A and B will be received by the Blacksburg-VPI Sanitation Authority at 5277 Prices Fork Road, Blacksburg, Virginia 24060 until 2:00 p.m., local time, on Thursday, May 17, 2012 and shortly thereafter, the bids will be opened publicly and read aloud.
Contract A: The work includes all labor, materials, and equipment for the construction of the following: UV Disinfection Building; screenings compactor installation; sludge grinders; and Chlorine and Sulfur Dioxide Building refurbishment. Contract B: The work includes all labor, materials, and equipment for the construction of the following: sludge thickening conversion from dissolved air floatation to a rotary drum thickener; and incinerator compressor r...
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... indicating the availability of facility payment guarantees in connection with sales of goods or se...dollars against stipulated documents and issued in favor of the ex...
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- 96 Cal. Daily Op. Serv. 6714, 96 Daily Journal D.A.R. 10,964 Electro Source, Inc., a California Corporation, Plaintiff-Appellant, v. United Parcel Service, Inc., an Ohio Corporation, Defendant-Appellee., 95 F.3d 837 (9th Cir. 1996)
...ESI brought suit against UPS claiming that UPS misdelivered the shipments t... to carry out a transaction known as a "documents against payment" transaction. In such a transactio...
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... fulfilled, whereas, with on-demand bonds payment has to be made if the demand is in compliance with... approach adopted when construing such documents. Vossloh Aktiengesellschaft v Alpha Trains (UK) ... as giving rise to any liability to pay against a mere assertion of breach. VAG further argued tha...
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..., a freezing order directed to a party against whom the Claimant does not have a substantive caus... ultimately rejected the goods and the documents. The goods were subsequently sold at a lower price... incorporated UCP 500 and provided that payment would be at sight on presentation of certain docum...
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... accounts or in issuing financial documents, checks, or other instruments of payment for progr... shall be bonded to provide protection against loss. Those costs are chargeable to administration...
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Peninsula Gaming LLC is paying to cover the costs of prosecution in a campaign contributions case that once involved the Dubuque- based gambling company and some of its top officials.
In court documents filed last week, lawyers for the remaining defendants said Peninsula, the owner of the Diamond Jo, has paid more than $100,000 toward the prosecution of the case, and said the payment agreement was arranged before charges against the company and its officials were dismissed.