LC Draft definition
LC Draft means a draft drawn on an LC Issuer pursuant to a Facility LC.
LC Draft means any draft, ▇▇▇▇ of exchange, receipt, acceptance, demand or other request for payment presented to a bank as provided in a Letter of Credit;
LC Draft means a draft, or other form of demand, drawn or made on an LC Issuer pursuant to a Facility LC.
More Definitions of LC Draft
LC Draft means a draft drawn on an LC Issuer pursuant to a Facility LC. “LC Fee” has the meaning set forth in Section 2.24.4.