Application for Letter of Credit definition

Application for Letter of Credit means a letter of credit application in a form satisfactory to the Issuing Bank.
Application for Letter of Credit has the meaning ascribed to it in Annex J.
Application for Letter of Credit means an application for the issuance of a Letter of Credit as prescribed by the bank or financial institution issuing the same.

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.


More Definitions of Application for Letter of Credit

Application for Letter of Credit means an application for a standby letter of credit by, between and among the applicable Borrower, on the one hand, and the Letter of Credit Issuer, on the other hand, substantially in a form provided by the Letter of Credit Issuer (and customarily used by it in similar circumstances) and conformed to the terms of this Credit Agreement, either as originally executed or as it may from time to time be supplemented, modified, amended, renewed, or extended; provided that to the extent that the terms of such Application for Letter of Credit are inconsistent with or otherwise more onerous than the terms of this Credit Agreement, the terms of this Credit Agreement shall control.
Application for Letter of Credit shall have the meaning ascribed to such term in Section 2.2.
Application for Letter of Credit means an application for a standby letter of credit by, between and among the applicable Borrower, on the one hand, and the Letter of Credit Issuer, on the other hand, substantially in a form provided by the Letter of Credit Issuer (and customarily used by it in similar circumstances) and conformed to the terms of this Credit Agreement, either as originally executed or as it may from time to time be supplemented, modified, amended, renewed, or extended which form is completed to the reasonable satisfaction of the Letter of Credit Issuer; provided that to the extent that the terms of such Application for Letter of Credit are inconsistent with or otherwise more onerous than the terms of this Credit Agreement, the terms of this Credit Agreement shall control.
Application for Letter of Credit means any application for letter of credit or commercial credit pursuant to which Borrower requests Rabobank to issue a Letter of Credit.
Application for Letter of Credit means an application for a letter of credit by, between and among the applicable Borrower(s), on the one hand, and the Letter of Credit Issuer, on the other hand, substantially in the form annexed to the Request for a Letter of Credit.
Application for Letter of Credit means applications, requests, notices and any other documents made by the Borrower or between the Borrower and the Lender in respect of the provision of the Letter of Credit. "Đơn Yêu Cầu Cấp Thư Bảo Lãnh" xx xxxxx xx xxx xin, yêu cầu, thông báo và bất kỳ xxx xxxx xxx xxxx xxợc lập bởi Bên Vay hoặc giữa Bên Vay và Bên Cho Vay liên quan đến việc cung cấp Thư Bảo Lãnh.
Application for Letter of Credit means the then current application agreement for a standby letter of credit or for an amendment thereto, as in effect from time to time by the L/C Issuer.