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in just a minute Im going to be talking about some of the signals that have not changed back to bullish weve got a bullish reversal conditions for Nasdaq on Thursday at bullish conditions reversal conditions for s p on Friday we dont have it uh we and we got it for the Dow by the way on Friday too but we dont have it for the transports of Russell or the near composite Ill be talking about that at the very end of the video but uh what Im noticing is some of these signals are remaining bearish now they could still turn back to bullish on Monday and then quickly turn back to bearish if weve got complete diversions which we are doing a NASDAQ but here my spring trend line the red line right there still red at this point weve had the rally for two days now maybe it changes on Monday but so far it has not NASDAQ had the big rally back up after the August high and we had the big rally back up here and it didnt didnt change either and again big rally here and it didnt change so is i

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How does a parent company guarantee work?

A parent company guarantee (PCG) is a guarantee given by one contracting partys ultimate or intermediate holding company in favour of the other contracting party to secure the performance of that partys obligations under the contract.

How does a guarantee work?

A guarantee is a promise by one party (the guarantor) to another party (the guaranteed party) to be responsible for the due performance of the obligations of another party (the principal) to the guaranteed party if the principal fails to perform such obligations.

How does a cross guarantee work?

A cross guarantee is an arrangement between two or more related firms to provide reciprocal guarantees for each others liabilities, fulfillment of promises or obligations. This guarantee is agreed upon among related companies, such as groups of companies or a parent company and subsidiaries and affiliates.

What is the wording for guarantee of payment?

Dear Sir/Madam: This letter will serve as your notification that (Bank Name) will irrevocably honor and guarantee payment of any check(s) written by our customer (Customers Name) up to the amount of (Amount Guaranteed) and drawn on account number (Customers Account Number).

What does guaranty of payment and not collection mean?

With a guaranty of payment, the guarantor is automatically in default when the underlying loan is due and unpaid. With a guaranty of collection, the guarantor promises to pay only after the lenders have attempted unsuccessfully to collect from the borrower.

What does cross guarantee mean?

What does Cross guarantee mean? A guarantee provided by another company within the borrower companys group to secure the debt.

What is an unlimited cross guarantee?

It is designed to protect the person taking the guarantee from a situation where assets are moved out of the company that has incurred the liability (usually a loan) and are transferred to group companies, putting them beyond the docHub of the lender if the borrower defaults.

What is required for a guarantee to be legally enforceable?

Guarantee must be in writing and signed to be enforceable If the guarantee is not in writing, it will be unenforceable. The requirements under section 4 of the Statute of Frauds (1677) may be satisfied by the signature of an agent, provided the agent had authority to sign.

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