Common use of Acceptance Liability Clause in Contracts

Acceptance Liability. The Borrower is obligated, and hereby unconditionally promises and agrees, to pay the Bank, on the maturity date of each Acceptance or on such earlier date as may be required pursuant hereto, the face amount of each such Acceptance.

Acceptance Liability. The Borrower is Borrowers are obligated, and hereby unconditionally promises promise and agreesagree, to pay the Bank, on the maturity date of each Acceptance or on such earlier date as may be required pursuant hereto, the face amount of each such Acceptance.

Acceptance Liability. The Each Borrower is obligated, and hereby unconditionally jointly and severally promises and agrees, to pay the Bank, on the maturity date of each Acceptance or on such earlier date as may be required pursuant hereto, the face amount of each such Acceptance.