Letter of Credit means any letter of credit issued pursuant to this Agreement.
Letter of Credit means any letter of credit issued hereunder. A Letter of Credit may be a commercial letter of credit or a standby letter of credit.
Letter of Credit means any standby letter of credit issued hereunder and shall include the Existing Letters of Credit.
Examples of Letter of Credit in a sentence
Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in BellSouth’s sole discretion, some other form of security.
A Performance Bond or an Irrevocable Standby Letter of Credit satisfactory to the City and County of Denver, in the form attached hereto as Exhibit D (“BOND”), in an amount not less than Five Hundred Thousand Dollars ($500,000.00), is required of the Contractor to guarantee that it will perform the work in strict accordance with this Agreement and shall pay all debts incurred under this Agreement.
More Definitions of Letter of Credit
Letter of Credit means any letter of credit issued pursuant to this Agreement and any Existing Letter of Credit.
Letter of Credit is a standby or commercial letter of credit issued by Bank upon request of Borrower based upon an application, guarantee, indemnity, or similar agreement.
Letter of Credit of a Person means a letter of credit or similar instrument which is issued upon the application of such Person or upon which such Person is an account party or for which such Person is in any way liable.
Letter of Credit shall have the meaning provided in Section 2.01(a).
Letter of Credit means any standby letter of credit issued hereunder.
Letter of Credit means any letter of credit issued by the Issuing Lender for the account of the Borrower in accordance with the terms of Section 2.2.
Letter of Credit means any standby or commercial letter of credit issued by any Issuing Lender for the account of any Restricted Entity pursuant to the terms of this Agreement, in such form as may be agreed by the Borrower and such Issuing Lender.