Acceptance Request definition
Examples of Acceptance Request in a sentence
Such Bankers’ Acceptance Request must be received by the L/C Issuer and the Administrative Agent not later than 12:00 noon (or such later date and time as the L/C Issuer may agree in a particular instance in its reasonable discretion) of the proposed issuance date.
Each Bankers’ Acceptance Request shall specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested Clean Bankers’ Acceptance (which shall be a Business Day); (B) the amount and currency thereof; (C) the expiry date thereof; (D) the shipping information; (E) a description of the inventory; and (F) such other matters as the L/C Issuer may reasonably require.
Such Bankers’ Acceptance Request must be received by the L/C-BA Issuer and the Administrative Agent not later than 2:00 p.m. (or such later date and time as the L/C-BA Issuer may agree in a particular instance in its sole discretion) of the proposed issuance date.
Notwithstanding any provision of this Section 2.18 to the contrary, the Borrowing Agent shall not have the authority to request on behalf of any of WFS Europe and WFS Singapore the issuance of Letters of Credit or Bankers’ Acceptances, unless such Borrower for whose benefit such Letter of Credit or Bankers’ Acceptance is requested has joined in the execution of the Letter of Credit Application or Bankers’ Acceptance Request, as applicable, relating thereto.
Each Bankers’ Acceptance Request shall specify in form and detail satisfactory to the L/C-BA Issuer: (A) the proposed issuance date of the requested Clean Bankers’ Acceptance (which shall be a Business Day); (B) the amount thereof; (C) the expiry date thereof; (D) the shipping information; (E) a description of the fuel; and (F) such other matters as the L/C-BA Issuer may reasonably require.
Upon receipt of a Bankers’ Acceptance Request, the Canadian Administrative Agent shall advise each Lender of the contents thereof.
Each Bankers’ Acceptance Request shall be irrevocable and binding on Borrower.
The Final Acceptance procedures and test shall be proposed by the Supplier in a written form of Final Acceptance Request and shall be approved by the Employer, acting reasonably, before the Final Acceptance is carried out at the Site.
Each Acceptance Request shall identify the drafts for which a quote is requested by specifying the total face amount for all such drafts, the proposed date of presentment and the maturity of such drafts and the nature of the underlying transaction(s) relating to such drafts.
Upon receipt of a Bankers' Acceptance Request, the Canadian Administrative Agent shall advise each Lender of the contents thereof.