Trade Instruments definition
Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any member of the Group arising in the ordinary course of trading of that member of the Group.
Trade Instruments means any bid bonds, performance bonds, advance payment bonds, retention money bonds or documentary letters of credit issued in respect of the obligations of any member of the Group arising in the ordinary course of trading of that member of the Group.
Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any Group Company arising in the ordinary course of trading of that Group Company.
Examples of Trade Instruments in a sentence
The Borrower shall procure that no member of the Group will enter into or issue, or incur or allow to remain outstanding any indebtedness for or in respect of any counter-indemnity obligation in respect of, any Trade Instruments in excess of (at any time) £250,000,000 or its equivalent in aggregate for the Group as a whole.
More Definitions of Trade Instruments
Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any Group Member (which obligations do not constitute Financial Indebtedness) arising in the ordinary course of trading of that Group Member.
Trade Instruments means any performance bonds or other similar instruments, or advance payment bonds or documentary letters of credit issued in respect of the obligations of any member of the Guarantor Group arising in the ordinary course of trading of that member of the Guarantor Group.
Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of the Borrower arising in the ordinary course of business of the Borrower.
Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any member of the Group arising in the ordinary course of trading or business of that member of the Group which, in each case, is not (or will not be) outstanding for a period longer than 12 months from the date such instrument is issued.
Trade Instruments means any performance bonds, advance payment bonds, letters of credit, bankers' acceptances or similar instruments issued in respect of the obligations of the Issuer or any of its Subsidiaries arising in the ordinary course of business.
Trade Instruments means any bid bonds, performance bonds, advance payment bonds, retention money bonds or documentary letters of credit issued in respect of the
Trade Instruments means any drafts, bills of exchange, promissory notes, checks, documents of title, invoices, transport documents, certificates of service completion, insurance policies, documents under Letters of Credit and Documentary Collections, or any other similar instruments related to trade finance services as notified by the Bank from time to time.