Common use of Source of Funds Clause in Contracts

Source of Funds. All payments made by the Issuing Bank pursuant to the Letter of Credit shall be made from funds of the Issuing Bank, and not from the funds of any other Person.

Appears in 15 contracts

Samples: Reimbursement Agreement (South Jersey Industries Inc), Reimbursement Agreement (South Jersey Industries Inc), Reimbursement Agreement (South Jersey Industries Inc)

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Source of Funds. All payments made by the Issuing Bank pursuant to the Letter of Credit shall be made from funds of the Issuing Bank, and not from the funds of any other Person.

Appears in 15 contracts

Samples: Reimbursement Agreement, Reimbursement Agreement, Reimbursement Agreement

Source of Funds. All payments made by the Issuing Bank pursuant to the Letter of Credit shall be made from funds of the Issuing Bank, Bank and not from the funds of any other Person.

Appears in 5 contracts

Samples: Reimbursement Agreement, Reimbursement Agreement, Reimbursement Agreement

Source of Funds. All payments made by the Issuing Bank pursuant to the Letter of Credit shall be made from funds of the Issuing Bank, Bank and not from the funds of obtained from any other Person.

Appears in 2 contracts

Samples: Letter of Credit Agreement (Central Power & Light Co /Tx/), Letter of Credit Agreement (Central Power & Light Co /Tx/)

Source of Funds. All payments made by the Issuing Bank pursuant to the Letter of Credit shall be made from funds of the Issuing Bank, Bank and not from the funds of obtained from any other Person.

Appears in 2 contracts

Samples: Letter of Credit Agreement (Allete Inc), Credit Agreement (Allete Inc)

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Source of Funds. All payments made by the Issuing Bank pursuant to the Letter of Credit shall be made from funds of the Issuing Bank, Bank and not from the funds of any other Person.. DRAFT

Appears in 1 contract

Samples: Reimbursement Agreement

Source of Funds. All payments made by the Issuing Bank pursuant to the Letter Letters of Credit shall be made from funds of the Issuing Bank, Bank and not from the funds of any other Person.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement

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