Honor of a letter of credit means performance of the issuer's undertaking in the letter of credit to pay or deliver an item of value. Unless the letter of credit otherwise provides, "honor" occurs:
Honor of a letter of credit means performance of the issuer's undertaking in the letter of credit to pay or deliver an item of value. Unless the letter of credit otherwise provides, "honor" occurs [(i)] (A) upon payment, [(ii)] (B) if the letter of credit provides for acceptance, upon acceptance of a draft and, at maturity, its payment, or [(iii)] (C) if the letter of credit provides for incurring a deferred obligation, upon incurring the obligation and, at maturity, its performance.
Examples of Honor in a sentence
Failure to comply with the Honor Code as set forth in this document may result in disciplinary action.
Honor this bid for a period of One Hundred Twenty (120) days following the date of the scheduled opening of bids.
Examples include: • A playbill, showing your student’s role in a drama production;• The annual yearbook;• Honor roll or other recognition lists;• Graduation programs; and• Sports activity sheets, such as for wrestling, showing weight and height of team members.
Honor the Texas Flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible.
The School shall achieve an accountability designation of Good Standing or Honor on each of the three sections of the Performance Framework.
More Definitions of Honor
Honor means, Congress specified that the exemption applies only if the AOD is “honored throughout the United States to block illegal deliveries of cigarettes . . . to consumers.” Id. at § 376a(e)(3)(B)(ii)(I) (emphasis added). Merely giving lip service to nationwide coverage of the AOD does nothing “to block deliveries.” Deliveries are blocked only if UPS complies with the AOD. By specifying that the exemption applies if the AOD is honored in such a way as to “block illegal deliveries of cigarettes . . . to consumers,” Congress clearly signaled that “honoring” the agreement involves compliance.
Honor of a letter of credit means performance of the issuer’s undertaking in
Honor of a letter of credit means performance
Honor. We honor God our Father, Xxxxx Xxxxxx our Savior, and the Holy Spirit. We honor our parents and family. We honor ourselves. Integrity: We treat others as called by the Gospel: with trust, respect, dignity, and forgiveness. Our integrity guides all our actions.
Honor refers to the signing Honor entity or entities.
Honor we", "our" or "us" means the signing entity determined in accordance with Clause 9 herein which provides services to You under the APIs Agreements.
Honor means to shoot for the trophy only, no cash prizes;