GUKL definition
Examples of GUKL in a sentence
Standby letters of credit were also made available to GUKL pursuant to Amendment No. 3 and Waiver.
Pursuant to Amendment No. 2 to Amended and Restated Line of Credit Agreement dated as of August 11, 1997 ("Amendment No. 2"), GUKL was added as a Borrower for the limited purpose of making available to GUKL the new foreign exchange facility added to the Agreement by Amendment No.
Each standby letter of credit issued for the account of either GUKL or GUKLL may be denominated in U.S. Dollars or English Pounds Sterling.
This Amendment and Waiver will be effective when the Bank receives, in form and content acceptable to the Bank, evidence that the execution, delivery, and performance by GUKL and GUKLL of this Amendment and Waiver and any instrument or agreement required under the Agreement, as amended by this Amendment and Waiver, have been duly authorized.
This Amendment will be effective when the Bank receives, in form and content acceptance to the Bank, evidence that the execution, delivery, and performance by GUKL of this Amendment and any instrument or agreement required under the Agreement, as amended by this Amendment, have been duly authorized.
To request (a) cash advances only for use by TGC in order to fund TGC's short-term working capital needs, (b) commercial or standby letters of credit only for use in the usual course of business, (c) commercial letters of credit only for the accounts of TGC, GMI, GI, or GIL, and (d) standby letters of credit only for the accounts of TGC, GIL, GUKL, or GUKLL.
Further, nothing in this Amendment and Waiver shall release TGC, GMI, GI, GIL, or GUKL from any of its obligations under the Agreement.
To request commercial or standby letters of credit only for the use in the usual course of business and to request standby letters of credit only for the accounts of TGC, GIL, GUKL, or GUKLL.