Guaranteeing Association definition

Guaranteeing Association means FICCI for India-Taipei Association in Taipei and TAITRA for Taipei Economic and Cultural Center in India approved to guarantee the sums referred to in Article 6 of this Agreement;
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Guaranteeing Association. ’ means— 35
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Guaranteeing Association means an association approved by the Customs Authorities of the signatory Member States to act as surety for persons using the procedure of this Agreement.
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Examples of Guaranteeing Association in a sentence

  • In case the holder fails to export goods under ATA Carnet, customs will invoke its right to claim the applicable duty charges from the Guaranteeing Association.

  • The TIR Convention, signed by 66 Contracting Parties, has established the only universal Customs transit system, currently in operation in 54 Contracting Parties (53 countries plus the European Economic Community).The administration of the TIR System can in short be described as follows:In each TIR Contracting Party, a national Guaranteeing Association is approved by national Authorities, and is a member of the international guaranteeing organisation defined in art.

  • However, a Guaranteeing Association has, under certain circumstances, the right to obtain reimbursement of amounts paid.

  • For importing, the importer needs to obtain the ATA carnet from the Guaranteeing Association in the country of shipment.

  • ONE MUST KNOW: In India, Federation of Indian Chambers of Commerce & Industry (FICCI) has been appointed as the National Issuing & Guaranteeing Association.


More Definitions of Guaranteeing Association

Guaranteeing Association means an association approved by the Customs authorities of a Contracting Party to act as surety for persons using the TIR procedure.
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Guaranteeing Association means an association approved by the Office of Trade to guarantee the payment of obligations under carnets covering merchandise entering the Customs territory of the United States under a Customs Convention or multilateral Agreement to which the United States has acceded.
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Related to Guaranteeing Association

  • Guarantor means: .............................................................................................................................................

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Signature Guarantee Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • Subsidiary Guarantee Agreement means a Subsidiary Guarantee Agreement substantially in the form of Exhibit B, and all supplements thereto made by the Subsidiary Guarantors in favor of the Administrative Agent for the benefit of the Lenders.

  • Guarantee used as a verb has a corresponding meaning.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guarantors means Holdings and the Subsidiary Guarantors.