While there may be challenges ahead, I am confident that Amlak, with continuous support from its financiers
, liquidity support providers and shareholders, will be well-positioned to capitalise on the improving economic backdrop in the UAE.
For this reason, some operators require that the "operating" accounts (ie which relate strictly to hotel revenue and expenses and other deductions under the hotel management) are kept outside the security structure and the only obligation on the operator is to pay the owner's return to such account as is required by the financiers
Judging by the content of Marina West 2011 Investment Options Brochure, which these developers offered to prospective financiers
, one item in particular leaps off the page - with the vastly inflated value the developers attribute to their unbuilt on-site hotel.
Thus, in case the vehicle is seized by the financier
, no criminal action can be taken against him as he is repossessing the goods owned by him," the bench said.
The second Financier
Commitment Letter has been provided by Bank of Deyang Co.
e* Should a commodity owner not keep to the trade finance agreement, the financier
, as the beneficial owner, can request that the assets are liquidated in order to recover the outstanding amount.
According to the key features of the proposed MTS, there are two categories of eligible financiers
Malcolm Wall Morris, Chief Executive Officer - DMCCA, said: "DMCCA's Global Multi Commodities Receipt has been seeing a growing response from financiers
and commodities traders alike, especially in these difficult economic times when robust mechanisms for managing and mitigating risk are considered an imperative to financing working capital.
A force from the Army 2nd Division captured the financier
for Monotheism and Jihad group in Zahailiya village of Qayara district, south Mosul," a source from Ninewa Operations Command told Aswat al-Iraq.
Trade unions representing workers at Alitalia remained wary on Tuesday after meeting with a little-known Italian financier
who has expressed an interest in buying a stake in the airline.
The premium financier
has to collect enough upfront to cover about a 12-day period of time," Counselman said.
A shrewd financier
, he sold the then-113-year-old institution for $90 million, netting a $50 million profit.