LC Documents Sample Clauses
The "LC Documents" clause defines the specific documents required under a Letter of Credit (LC) transaction. Typically, this clause outlines which documents—such as commercial invoices, bills of lading, packing lists, or certificates of origin—must be presented by the beneficiary to the issuing bank in order to receive payment. By clearly specifying the necessary paperwork and any conditions for their acceptance, the clause ensures that both parties understand the documentary requirements, thereby reducing the risk of payment disputes and facilitating smooth international trade transactions.
POPULAR SAMPLE Copied 4 times
LC Documents all documents, instruments and agreements (including LC Requests and LC Applications) required to be delivered by the Administrative Borrower on behalf a Borrower or by any other Person to a Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any Letter of Credit.
LC Documents all documents, instruments and agreements (including LC Requests and LC Applications) delivered by Borrowers or any other Person to an Issuing Bank or Administrative Agent in connection with any Letter of Credit.
LC Documents all documents, instruments and agreements (including requests and applications) delivered by any U.K. Borrower or any other Person to Issuing Bank or Agent in connection with any U.K. Letter of Credit.
LC Documents. Without the prior written consent of the Payee, Holdings will not, and will not permit Payer to amend, restate, supplement or otherwise modify, or extend the term of, any of the LC Issuance Documents, or in any way extend the term of any Letter of Credit.
LC Documents. Each Letter of Credit shall be governed by and subject to the LC Documents required to be executed by Borrower for each such Letter of Credit. In the event of any conflict between any of the terms of the LC Documents and any of the terms of this Amendment, the terms of this Amendment shall control.
LC Documents all documents, instruments and agreements (including LC Requests and LC Applications) delivered by the Borrower Agent on behalf of a Borrower or by any other Person to an Issuing Bank or Agent in connection with the issuance, amendment or renewal of, or payment under, any Letter of Credit. 200. LC Obligations: the U.S. LC Obligations and the Canadian LC Obligations. 201. LC Request: a request for issuance of a Letter of Credit, to be provided by the U.S. Borrowers or the Canadian Borrower or the Borrower Agent, as applicable, to an Issuing Bank, in form satisfactory to Agent and such Issuing Bank. 202. Lender Indemnitees: Lenders and their officers, directors, employees, Affiliates, agents and attorneys.
LC Documents. Absence of any material amendment to, or any default under, any LC Document (as defined in the LC Reimbursement Agreement).
LC Documents. No default shall have occurred and be continuing under any LC Document (as defined in the LC Reimbursement Agreement).
LC Documents. Each Letter of Credit shall be governed by and subject to the LC Documents required to be executed by Borrower for each such Letter of Credit. In the event of any conflict between any of the terms of the LC Documents and any of the terms of this Amendment, the terms of this Amendment shall control. As of the date of this Agreement, the provisions of this paragraph are intended to and shall supersede and replace the provisions of Paragraph 6 of the Sixth Amendment.