Examples of Base LC in a sentence
Most writing assignments have argumentative topics.For the current study, the first two and last two texts for each student were selected as pre- and posttest texts, all of which were argumentative in nature.
It is the intention of the parties that in addition to the Base LC Amount (described in Paragraph 32 of the Lease), Landlord should have the benefit of a Letter of Credit in the amount of the portion of the total Tenant Allowance expended pursuant to this Phase I Work Letter.
Accordingly, if the Phase I Allowance Costs (based upon the Phase I Allowance Costs Statement) are less that the total amount of the Tenant Allowance, Tenant shall be entitled to reduce the LC Amount to be equal to the Base LC Amount plus the amount of the initial estimate of the amount of the Tenant Allowance which shall be used in connection with the Phase I Allowance Costs.
Decided: that the establishment of a part time post of Addiction Counsellor at salary grade AP2/3 be approved.
It is hereby understood and agreed that the Issuing Bank may agree, but shall have no obligation, to issue any Letter of Credit if the Dollar Amount of the Revolving L/C Exposure after giving effect to the issuance of such Letter of Credit would exceed the Base L/C Amount; provided that in any event, subject to Sections 2.11(b) and 2.22, the Dollar Amount of the Revolving L/C Exposure after giving effect to such issuance shall not exceed the L/C Sublimit.
They will be immediately settled if enough liquidity is available (normal processing of payments in the entry disposition, see chapter 2.7.1 Entry disposition, page 142).
By way of example only, if the Phase I Allowance Costs Statement says that Phase I Allowance Costs is 5100,000, Tenant may reduce the LC Amount to Six Hundred Twenty Thousand Dollars ($620,000) (i.e., the Base LC Amount plus the amount of the Tenant Allowance estimated to be used for Phase I Allowance Costs).
Any payments made by Agent or Lenders to any issuer thereof and/or related parties in connection with Borrowing Base LC Accommodations shall constitute additional Borrowing Base Loans pursuant to this Section 3.