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The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
More recently, with the invention of the Wood-Mizer in 1982, [3] portable bandsaw mills represented a dramatic shift in design. Unlike traditional mills, they used a thin-kerf blade of the type used on a band saw rather than a circular blade, which reduced weight and cost, and reduced the size and weight of the bearings and support blocks.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
Online lenders. Online lenders tend to offer similar repayment terms and starting interest rates as traditional lenders, but may specialize in equipment financing and offer loans to startups. They ...
Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
When used in the context of residential real estate, it is also called "bond-for-title" or "owner financing." [ 1 ] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate , until the loan is fully repaid.
It also launched online e-commerce, catalogs, and its Virginia call center. By the end of 2018 the company was operating over 415 stores across North America. The company is currently headquartered in Richmond, Virginia. The company's CEO is Charles E. Tyson. Prior to its bankruptcy, the firm was listed and traded under NYSE: LL. In 2019 the ...