Claims under a Letter of Credit Sample Clauses

Claims under a Letter of Credit. (a) Each Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order (a claim).
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Claims under a Letter of Credit. (A) The Borrower irrevocably and unconditionally authorises the LC Issuing Bank to pay any claim made or purported to be made under a Letter of Credit and which appears on its face to be in order (a “Claim”).
Claims under a Letter of Credit. (a) Where a claim is made or purported to be made under a Letter of Credit and which appears on its face to be in order (a “Syndicated L/C Claim”):
Claims under a Letter of Credit. 6.6.1 The Borrower irrevocably and unconditionally authorises the Fronting Bank to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order (a "claim").
Claims under a Letter of Credit. (a) Each Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any demand made or purported to be made under a Letter of Credit requested by it (or requested by the Parent on its behalf) and which appears on its face to comply with the terms of that Letter of Credit and to be in order (in this Clause 7, a “claim”).
Claims under a Letter of Credit. (a) The Company irrevocably and unconditionally authorizes the Lender to pay to the LC Issuer an amount equal to any claim made or purported to be made under the Letter of Credit which appears on its face to be in order (a CLAIM).
Claims under a Letter of Credit. (a) The Borrower irrevocably and unconditionally authorises the Issuing Person to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order and to make any payment under Clause 7.4 (Voluntary pay-out) (in this Clause 7, each of a claim or payment under Clause 7.4 (Voluntary pay- out) is a "claim").
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Claims under a Letter of Credit. 7.2.1 Each Borrower irrevocably and unconditionally authorises the L/C Lenders to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order (a "claim").
Claims under a Letter of Credit. 8.2.1 Each of the Applicant and each Indemnifying Company whose obligations are supported by a Bond (the "RELEVANT INDEMNIFYING COMPANY") irrevocably and unconditionally authorises the relevant Issuing Bank to pay any claim made or purported to be made under that Bond which appears on its face to be in order (a "CLAIM").
Claims under a Letter of Credit. (a) The Senior Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by it (or requested by the Company on its behalf) and which appears on its face to be in order (in this Clause 7, a “claim”).
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