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Can bank comfort letter be confirmed by a bank and be used as a fully funded payment guarantee?
A valid security may be given only after approval of board of dirctors, and a parreent company must be authorised in advance by its board of directors. A letter vof comfort could not be said a full flash guarntee until from its words it is not disclose that the company is undertake to repay the loan,in the eve of non payment of loan by the subsidary.
What else can I help you with?
Is the insurance plan self-funded or fully funded?
The insurance plan is self-funded.
What are the differences between self-funded and fully-funded health insurance plans?
Self-funded health insurance plans are funded by the employer or organization offering the plan, while fully-funded health insurance plans are funded by insurance companies. In self-funded plans, the employer assumes the financial risk for providing healthcare benefits, while in fully-funded plans, the insurance company assumes the risk.
What are the key differences between insurance and self-funded healthcare plans?
The key difference between insurance and self-funded healthcare plans is in how they are funded. Insurance plans are funded by premiums paid by individuals or employers, while self-funded plans are funded directly by the employer. In insurance plans, the risk is transferred to the insurance company, while in self-funded plans, the employer assumes the risk.
What is a mortgage escrow account?
An escrow account associated with a mortgage is an account that is maintained by the mortgage holder and funded by the mortgagee. Part of the monthly mortgage payment goes into this escrow account to pay for property insurance and property taxes.
Is Negative Working Capital good or bad?
Negative working capital is good if the following conditions are satisfied : 1.Payment of all short term liabilities on time 2.Good sales and profit margin If the above two conditions are fulfilled, the working capital is funded by cash profits generated from normal operating cycle and there is no strain on payment of liabilities.
How is the ffa funded?
It is funded by the payment of dues by all members and by the donations made by businesses.
Is medicare an insurance company?
No. It is health cost payment program funded by the US Govt.
How is Deal or No-deal television game funded?
Through the sale of commercial time at the national level and payment for the ability to sell local commercials at individual stations
What company funded the first computer?
ABC - funded by university grant.Harvard Mark I - funded by IBM and US Navy.ENIAC - funded by US Army.SSEC - funded by IBM.EDSAC - funded by university grant & Lyons.LEO - funded by Lyons (a british cookie and tea company).EDVAC - funded by US Army.IAS - funded by university grant.UNIVAC I - funded by Remington Rand.
how is wikileaks funded?
Financing. WikiLeaks is a self-described not-for-profit organisation, funded largely by volunteers, and is dependent on public donations. Its main financing methods include conventional bank transfers and online payment systems. According to Assange, WikiLeaks' lawyers often work pro bono.
What is't mean by sport funded?
sport funded mean that you are funded for a sport
Is the insurance plan self-funded or fully funded?
The insurance plan is self-funded.
How was Henry the navigator funded?
he funded himself
How are the schools in Scotland funded?
State schools are funded by the Scottish Government, private schools are funded by fees.
Is section 504 federal funded?
No, it is locally funded.
How is HBO funded?
HBO is "funded" by subscribers to the service.
How are labor unions funded?
They are funded it from its member dues.
