Claims under a Letter of Credit. (a) Each Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order (a claim).
Claims under a Letter of Credit. (A) The Original Borrower irrevocably and unconditionally authorises each LC Issuing Bank to pay any claim made or purported to be made under a Letter of Credit and which appears on its face to be in order (a “claim”).
Claims under a Letter of Credit. (a) Where a claim is made or purported to be made under a Letter of Credit and which appears on its face to be in order (a “Syndicated L/C Claim”):
Claims under a Letter of Credit. 7.2.1 Each Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by it (or requested by the Company on its behalf) and which is valid on its face (in this Clause 7, a “claim”).
Claims under a Letter of Credit. 6.6.1 The Borrower irrevocably and unconditionally authorises the Fronting Bank to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order (a "claim").
Claims under a Letter of Credit. (a) The Borrower irrevocably and unconditionally authorises the Issuing Person to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order and to make any payment under Clause 7.4 (Voluntary pay-out) (in this Clause 7, each of a claim or payment under Clause 7.4 (Voluntary pay- out) is a "claim").
Claims under a Letter of Credit. (a) The Company irrevocably and unconditionally authorizes the Lender to pay to the LC Issuer an amount equal to any claim made or purported to be made under the Letter of Credit which appears on its face to be in order (a CLAIM).
Claims under a Letter of Credit. (a) In the case of a Fronted LC, the Company and each Bank irrevocably and unconditionally authorises the Fronting Bank and in the case of a Syndicate LC, the Company irrevocably and unconditionally authorises each Bank on whose behalf such Letter of Credit was issued to pay through the Agent any claim made or purported to be made under a Letter of Credit requested by the Company and which appears on its face to be in order (a Letter of Credit Claim).
Claims under a Letter of Credit. (a) SMO irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by it and which appears on its face to be in order (a "claim").
Claims under a Letter of Credit. (a) The Senior Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by it (or requested by the Company on its behalf) and which appears on its face to be in order (in this Clause 7, a “claim”).
