standby agreement

简明释义

支持协定

英英释义

A standby agreement is a legal contract in which one party agrees to provide support or fulfill obligations for another party if certain conditions are met or if the primary party fails to perform as expected.

备用协议是一种法律合同,其中一方同意在满足特定条件或主要方未能按预期履行义务时,为另一方提供支持或履行义务。

例句

1.In case of unforeseen circumstances, the standby agreement will activate automatically.

在不可预见的情况下,备用协议将自动生效。

2.The bank issued a standby agreement to ensure that the loan would be covered in case of default.

银行发出了一个备用协议以确保贷款在违约的情况下能够得到保障。

3.Before signing the contract, the parties agreed to a standby agreement as a safety net.

在签署合同之前,各方同意了一个备用协议作为安全保障。

4.The standby agreement provided the necessary financial support for the project.

备用协议为项目提供了必要的财务支持。

5.The company secured a standby agreement with its supplier to mitigate risks.

公司与其供应商签订了一个备用协议以降低风险。

作文

In the world of finance and business, various agreements are put in place to ensure that all parties involved can operate smoothly and efficiently. One such agreement is the standby agreement, which serves as a safety net for financial transactions and commitments. A standby agreement is essentially a guarantee provided by one party to another, ensuring that certain obligations will be met, even if the primary party fails to fulfill their responsibilities. This type of agreement is crucial in many scenarios, particularly in international trade, construction projects, and large-scale investments.To better understand the significance of a standby agreement, let us consider an example in the context of international trade. Imagine a company in Country A wants to purchase goods from a supplier in Country B. The supplier may be hesitant to ship the goods without receiving payment upfront, while the buyer might not want to pay until they receive the products. In this situation, a standby agreement can be established, where a bank or financial institution acts as a guarantor. The bank agrees to pay the supplier if the buyer fails to make the payment after receiving the goods. This arrangement provides security for both parties and facilitates smoother transactions.Moreover, standby agreements are also commonly used in construction projects. When a contractor is hired to complete a project, there are often concerns about whether they will meet deadlines and adhere to quality standards. To address these concerns, project owners may require a standby agreement from the contractor. This agreement ensures that if the contractor fails to deliver on time or does not meet the specified quality, the project owner can claim compensation from the contractor’s guarantor, typically a bank or insurance company. This not only protects the project owner’s investment but also encourages contractors to fulfill their obligations diligently.The importance of standby agreements extends beyond just providing financial security. They also promote trust and confidence among parties involved in a transaction. When a standby agreement is in place, both sides can move forward with the assurance that there is a backup plan in case something goes wrong. This sense of security can lead to more robust business relationships and foster long-term partnerships.However, it is essential to understand the terms and conditions outlined in a standby agreement. Each agreement can vary significantly based on the specific circumstances and the parties involved. Therefore, it is crucial for all parties to thoroughly review the agreement and seek legal advice if necessary before signing. Misunderstandings regarding the obligations and rights stipulated in the agreement can lead to disputes and potential financial losses.In conclusion, a standby agreement plays a vital role in the realm of finance and business. It acts as a protective measure for all parties involved, ensuring that obligations are met and providing peace of mind. Whether in international trade, construction, or other areas, having a standby agreement in place can facilitate smoother operations and foster trust among business partners. As global commerce continues to evolve, the relevance and importance of standby agreements will undoubtedly remain significant, making them an essential tool in the toolkit of any savvy business professional.

在金融和商业的世界中,各种协议被制定以确保所有相关方能够顺利高效地运作。其中一种协议是备用协议,它作为金融交易和承诺的安全网。备用协议本质上是由一方提供给另一方的担保,确保即使主要方未能履行其责任,某些义务也将得到满足。这种类型的协议在许多场景中至关重要,尤其是在国际贸易、建筑项目和大规模投资中。为了更好地理解备用协议的重要性,让我们考虑一个国际贸易背景下的例子。想象一下,A国的一家公司希望从B国的供应商那里购买商品。供应商可能会犹豫不决,不愿在未收到预付款的情况下发货,而买方则可能不想在收到产品之前付款。在这种情况下,可以建立备用协议,由银行或金融机构担任担保人。银行同意在买方在收到商品后未能付款的情况下支付供应商。这种安排为双方提供了安全保障,并促进了更顺畅的交易。此外,备用协议在建筑项目中也很常见。当承包商被雇佣来完成一个项目时,往往会对他们是否能按时完成以及是否符合质量标准产生担忧。为了解决这些担忧,项目业主可能会要求承包商提供备用协议。该协议确保如果承包商未能按时交付或未达到规定的质量标准,项目业主可以向承包商的担保人(通常是银行或保险公司)索赔。这不仅保护了项目业主的投资,也鼓励承包商认真履行他们的义务。备用协议的重要性不仅仅体现在提供财务安全方面。它们还促进了交易各方之间的信任和信心。当有备用协议在场时,双方可以放心地向前推进,因为他们知道如果出现问题就有备选方案。这种安全感可以导致更强大的商业关系,并促进长期合作伙伴关系。然而,理解备用协议中列出的条款和条件至关重要。每个协议根据具体情况和相关方的不同而有显著差异。因此,所有相关方在签署之前都应彻底审查协议,并在必要时寻求法律建议。对协议中规定的义务和权利的误解可能导致争议和潜在的财务损失。总之,备用协议在金融和商业领域中发挥着至关重要的作用。它作为所有相关方的保护措施,确保义务得到履行,并提供安心保障。无论是在国际贸易、建筑还是其他领域,拥有备用协议都可以促进更顺畅的操作并增强商业伙伴之间的信任。随着全球商业的不断发展,备用协议的相关性和重要性无疑将保持显著,使其成为任何精明商业专业人士工具箱中的重要工具。

相关单词

standby

standby详解:怎么读、什么意思、用法