Examples of Unpaid and Undrawn Balance in a sentence
Upon payment of the Unpaid and Undrawn Balance to you Applicant shall have no further legal or equitable interest therein, and you will not be required to segregate on your books or records the Unpaid and Undrawn Balance paid by Applicant.
After you receive the Unpaid and Undrawn Balance, you agree to pay to Applicant, upon termination of all of your liability under all the Credits and Demands, a sum equal to the amount which has not been drawn under all the Credits less all amounts due and owing to you from Applicant under or in connection with the L/C Documents and the Loan Documents.
Applicant agrees that upon payment of the Unpaid and Undrawn Balance to Xxxxx Fargo Applicant shall have no further legal or equitable interest therein, and that Xxxxx Fargo will not be required to segregate on its books or records the Unpaid and Undrawn Balance paid by Applicant.
Upon the occurrence and continuance of any Event of Default, all amounts paid by Wells Fargo on any Demand which have not previously been repaid to Wells Fargo, together with all interest on such amounts, and the Unpaid and Undrawn Balance, if any, shall automatically be owing by Applicant to Wells Fargo and shall be due and payable by Applicant on demand.
Applicant agrees that upon payment of the Unpaid and Undrawn Balance to Wells Fargo Applicant shall have no further legal or equitable interest therein, and that Wells Fargo will not be required to segregate on its books or records the Unpaid and Undrawn Balance paid by Applicant.
After Xxxxx Fargo receives the Unpaid and Undrawn Balance, Xxxxx Fargo agrees to pay to Applicant, upon termination of all of Xxxxx Fargo's liability under all the Credits, Demands and Acceptances, a sum equal to the amount which has not been drawn under all the Credits less all amounts due and owing to Xxxxx Fargo from Applicant under or in connection with the Letter of Credit Documents and the Loan Documents.
Upon payment of the Unpaid and Undrawn Balance to Xxxxx Fargo Applicant shall have no further legal or equitable interest therein, and Xxxxx Fargo will not be required to segregate on its books or records the Unpaid and Undrawn Balance paid by Applicant.
After Wells Fargo receives the Unpaid and Undrawn Balance, Wells Fargo agrees to pay to Applicant, upon termination of all of Wells Fargo's liability under the Credit and all the Demands, a sum equal to the amount which has not been drawn under the Credit less all amounts due and owing to Wells Fargo from Applicant under or in connection with the Letter of Credit Documents and the Loan Documents.
After you receive the Unpaid and Undrawn Balance, you agree to pay to Applicant, upon termination of all of your liability under all the Credits, Demands and Acceptances, a sum equal to the amount which has not been drawn under all the Credits less all amounts due and owing to you from Applicant under or in connection with the L/C Documents and the Loan Documents.
After Xxxxx Fargo receives the Unpaid and Undrawn Balance, Xxxxx Fargo agrees to pay to Applicant, upon termination of all of Xxxxx Fargo’s liability under each Credit and Demand, a sum equal to the amount which has not been drawn under the Credit less all amounts due and owing to Xxxxx Fargo from Applicant under or in connection with the L/C Documents and the Loan Documents.