Примеры использования Independent guarantees на Английском языке и их переводы на Русский язык
{-}
-
Official
-
Colloquial
No reference to the United Nations Convention on Independent Guarantees and Stand-by Letters of Credit, as applicable law, was made.
Mr. RAO(India) said that the main achievement of the twenty-eighth session of UNCITRAL had been the adoption of the draft Convention on Independent Guarantees and Stand-by Letters of Credit.
He referred by way of example to the United Nations Convention on Independent Guarantees and Stand-by Letters of Credit.
Independent guarantees and accessory guarantees have their respective advantages
The existence of a model law on independent guarantees would fill the gaps in laws regulating relations between those involved in economic activity.
For a discussion of independent guarantees, their distinction from accessory guarantees,
The scope of application of the Convention is confined to instruments of the type understood in practice as independent guarantees(referred to as, e.g.“demand”,“first demand”,“simple demand” or“bank” guarantees)
The scope of application of the Convention is confined to instruments of the type understood in practice as independent guarantees(referred to as, e.g.,"demand","first demand","simple demand" or"bank" guarantees)
of the Working Group, the United States of America had submitted draft rules on stand-by letters of credit on the assumption that independent guarantees and stand-by letters of credit would be dealt in separate parts of the future Convention.
While the various legal regimes governing accessory guarantees are well established, independent guarantees, essentially a creation of banking and commercial practice, are not yet firmly established in all national laws and there is no uniformity as regards the extent to which independent guarantees are recognized.
In support of the suggested wording, it was stated that, with respect to independent guarantees and stand-by letters of credit, such standard practice would, to a large extent, be contained in the UCP 500
emphasize the common umbrella of rules provided for both independent guarantees and stand-by letters of credit,
deposit accounts, independent guarantees and stand-by letters of credit,
rights arising from independent guarantees and standby letters of credit, would be covered.
The Working Group noted that, after the decision made by the Commission to exclude the application of independent guarantees and stand-by letters of credit,
which are the functional equivalent of independent guarantees paragraphs 5 and 6.
Article 27 of the United Nations Convention on Independent Guarantees and Stand-by Letters of Credit stated that no reservations could be made to the Convention although other articles provided for declarations.
cost implications for SMEs of performance bonds and independent guarantees.
As to independent guarantees and stand-by letters of credit, it was recalled that they had been included in paragraph( 3) in view of the generally accepted rule of independent-guarantee or stand-by practice that the guarantor/ issuer of an independent undertaking should not have to pay against its will a person other than the beneficiary see, e.g., articles 10 and 11 of the United Nations Convention on Independent Guarantees and Stand-by Letters of Credit, hereinafter referred to as“ the Guarantee
The documentation was an independent guarantee and suddenly a promissory note.