LOU definition
Examples of LOU in a sentence
Notwithstanding the above, if Buyers provides a copy of Bill of Lading before such time limit, Letter of Undertaking (LOU) above shall not apply.
In case Bills of Lading of each berth at each port are not at shipper’s disposal until 4:00pm of second business day after “shipped on board” date on the Bill of Lading due to reasons beyond Seller’s control, Seller has the right to present: (i) “clean on board” Mate’s Receipt to comply with item A) and (ii) Letter of Undertaking (LOU) in accordance with template in ANNEX 2 to comply with items D) and E).
Notwithstanding the above, if Buyer provides a copy of Bill of Lading before such time limit, Letter of Undertaking (LOU) above shall not apply.
Prior to the LOU Termination Date, Eyetech sha▇▇ pay Raylo the amounts set forth ▇▇ the LOU.
The Parties hereby amend the LOU to reflect that the LOU shall ▇▇▇minate upon the completion of v▇▇▇dation of the 15mM Pr▇▇▇ss pursuant to the Quality Agreement.