Documentary Credit Application definition

Documentary Credit Application means, as the context may permit or require, any or each of the Borrower's application(s) to the Bank for opening LCs and all supporting documents furnished by the Borrower in respect thereof to the Bank.

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Documentary Credit Application means an application and agreement for the issuance or amendment of a Documentary Credit in the form from time to time used by Royal;

Documentary Credit Application means, as the context may permit or require, any or each of the Borrower’s application(s) to the Bank for opening LCs and all supporting documents furnished by the Borrower in respect thereof to the Bank.

Examples of Documentary Credit Application in a sentence

• Such Documentary Credit Application must be received by Royal not later than 8:00 a.m. Toronto time at least three Business Days (or such later date and time as Royal may agree in a particular instance in its sole discretion) prior to the proposed issuance date or date of amendment, as the case may be.

• In the event of any conflict between the terms hereof and the terms of any Documentary Credit Application, the terms hereof shall control.

• For issuance of a Letter of Commitment, the Borrower shall furnish to the Lenders at the time of submitting the Documentary Credit Application such documents in connection with the Project Documents or the Buyers Credit Facility as may be required by the Lenders.

• Any information given by the Company in its Documentary Credit Application, in the reports and other information furnished by or on behalf of the Company in accordance with the reporting system is incorrect or misleading, or a representation, warranty or statement made or repeated or deemed to be made or repeated in or in connection with the Facility Agreement or any Transaction Document by the Company or any other person, is incorrect or misleading in any respect.

• The Documentary Credit Application shall be signed by the Customer according to Part D (Power of Attorney/Signatures) of the Agreement.

• Irrevocable Documentary Credit Application Form which follows, if the goods are shipped on the same vessel and the voyage ends at the same destination.

• Guarantee Request A request from the Customer to the Bank to issue a Guarantee, substantially in the form set out in Part E (Documentary Credit Application).