Honor definition

Honor of a letter of credit means performance of the issuer's undertaking in the letter of credit to pay or deliver an item of value. Unless the letter of credit otherwise provides, "honor" occurs:
Honor of a letter of credit means performance of the issuer's undertaking in the letter of credit
Honor of a letter of credit means performance of the issuer's undertaking in the letter of credit to pay or deliver an item of value. Unless the letter of credit otherwise provides, "honor" occurs [(i)] (A) upon payment, [(ii)] (B) if the letter of credit provides for acceptance, upon acceptance of a draft and, at maturity, its payment, or [(iii)] (C) if the letter of credit provides for incurring a deferred obligation, upon incurring the obligation and, at maturity, its performance.

Examples of Honor in a sentence

  • State Police Lieutenants who are assigned and serve on the special teams of Critical Action Team, Bomb Squad, Tactical Services Unit, SCUBA, Crisis Negotiation Unit, Search and Rescue, K-9, Honor Guard, Crash Reconstruction, Drug Recognition Experts (DRE), Crime Scene Search (CSST), Clandestine Lab, and Member Assistance Program (MAP) shall receive a lump sum of four hundred dollars ($400) per full year of service on the team(s).

  • The undersigned affirms adherence to the University’s Honor Code and is knowledgeable of the responsibilities of the executive board officers of the fraternal organization.

  • The President may award, and present in the name of Congress, a medal of appropriate design, which shall be known as the Congressional Space Medal of Honor, to any astronaut who in the performance of the astronaut’s duties has distinguished him- self or herself by exceptionally meritorious ef- forts and contributions to the welfare of the Na- tion and of humankind.

  • Instructor's Signature Date I have read the requirements expected of the student, agree to undertake these responsibilities, and will abide by the Honor Code's responsibilities of the students.

  • Responsibility to Honor Board Policies & Administrative Regulation .


More Definitions of Honor

Honor means, Congress specified that the exemption applies only if the AOD is “honored throughout the United States to block illegal deliveries of cigarettes . . . to consumers.” Id. at § 376a(e)(3)(B)(ii)(I) (emphasis added). Merely giving lip service to nationwide coverage of the AOD does nothing “to block deliveries.” Deliveries are blocked only if UPS complies with the AOD. By specifying that the exemption applies if the AOD is honored in such a way as to “block illegal deliveries of cigarettes . . . to consumers,” Congress clearly signaled that “honoring” the agreement involves compliance.
Honor of a letter of credit means performance of the issuer’s undertaking in
Honor of a letter of credit means performance
Honor. We honor God our Father, Xxxxx Xxxxxx our Savior, and the Holy Spirit. We honor our parents and family. We honor ourselves. Integrity: We treat others as called by the Gospel: with trust, respect, dignity, and forgiveness. Our integrity guides all our actions.
Honor refers to the signing Honor entity or entities.
Honor we", "our" or "us" means the signing entity determined in accordance with Clause 9 herein which provides services to You under the APIs Agreements.
Honor means to shoot for the trophy only, no cash prizes;