LC Acceptance(s) definition

LC Acceptance(s) means acceptances that are created by an Issuing Bank pursuant to Commercial Letters of Credit.
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Examples of LC Acceptance(s) in a sentence

  • On the first Business Day of each calendar month, the Issuing Bank shall provide to the US Administrative Agent a report listing all outstanding Letters of Credit and the outstanding amounts and beneficiaries thereof and the amount and maturities of any LC Acceptances and the US Administrative Agent shall promptly provide such report to each Revolving Lender.

  • On the first Business Day of each calendar month, the Issuing Bank shall provide to the Administrative Agents a report listing all outstanding Letters of Credit and the outstanding amounts and beneficiaries thereof and the amount and maturities of any LC Acceptances and the Administrative Agents shall promptly provide such report to each relevant Revolving Lender.

Related to LC Acceptance(s)

  • Order Acceptance has the meaning given in clause 1.2.

  • Fax of Acceptance means intimation regarding notification of award by the Employer to the successful Bidder/Service Provider through a Fax/ Letter conveying that the Tender/Bid/Offer has been accepted in accordance with the provisions contained therein.

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Commitment and Acceptance is defined in Section 2.18(b).

  • Confirmation of Acceptance shall have the meaning specified in paragraph 2B(5).