Examples of Commercial LC in a sentence
For Commercial L/C: Signed Firm Offer / Pro-forma Invoice and;For Foreign and Domestic Standby L/C; Bid/contract copy for Standby L/C/Performance Guarantee(1 photocopy)3.
The Administrative Agent will disburse any Standby or Commercial L/C fees received pursuant to this subsection 3.9(a) to the respective Lenders promptly following the receipt of any such fees in the case of a Standby L/C and, in the case of a Commercial L/C, following the end of the calendar month in which such Commercial L/C fees were received.
Storage of medicines in settings ⮚ All medicines should be stored safely in accordance with the manufacturer’s storage recommendations.
Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.
Each Subfeature Commercial LC shall be subject to the additional terms and conditions of Bank’s standard Commercial Letter of Credit agreement and all applications and related documents required by Bank in connection with the issuance thereof.
For Commercial L/C: Signed Firm Offer / Pro-forma Invoice and;For Foreign and Domestic Standby L/C; Bid/contract copy for Standby LC/Performance Guarantee(1 photocopy)4.
For Commercial L/C: Signed Firm Offer/Pro-forma Invoice and;For Foreign and Domestic Standby L/C; Bid/contract copy for Standby L/C/Performance Guarantee(1 photocopy)3.
Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender's Revolving Credit Commitment Percentage.
The form and substance of each Subfeature Commercial LC shall be subject to approval by Bank, in its sole discretion.
These limits shall not apply in Light Commercial (LC); Heavy Commercial (HC); and Visitor Serving/Professional Office (VO) zones.