Examples of Application for Letter of Credit in a sentence
This result might be in line with what Masrai (2020) found out when he compared the aural and written vocabulary size of L2-English learners.
At least three (3) Business Days prior to the issuance of any Letter of Credit hereunder the Borrower shall complete and deliver to the Issuing Bank the Issuing Bank's then current form of Application for Letter of Credit.
In the case of a Letter of Credit, the Letter of Credit Issuer shall have received an Application for Letter of Credit executed by the applicable Borrower.
The Administrative Agent and the Lenders may conclusively rely on the Letter of Credit Issuer as to the amount due the Letter of Credit Issuer by reason of any draw under a Letter of Credit or due the Letter of Credit Issuer under any Application for Letter of Credit.
Subject to the terms and conditions of this Agreement, ----------------- the Bank agrees to issue, from time to time, during the Revolving Credit Commitment Period, Letters of Credit on behalf of KBA in amounts equal to the amounts requested by LRA in each Application for Letter of Credit.