Maturity/Demand. The payment obligation of an FCI Issuing Lender shall be determinable by reliance on the terms of the relevant FCI issued by it only and, as the case may be, any other document simultaneously to be presented together with a demand. Such payment obligation shall be conditional upon presentation of a demand for payment with or, as the case may be, without simultaneous presentation of other documents. The terms of each FCI shall require:
Appears in 2 contracts
Sources: Credit Agreement (SPX Corp), Credit Agreement (SPX Corp)