Common use of Claims under a Letter of Credit Clause in Contracts

Claims under a Letter of Credit. (A) The Borrower irrevocably and unconditionally authorises the 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”).

Appears in 2 contracts

Samples: Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

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Claims under a Letter of Credit. (A) The Original Borrower irrevocably and unconditionally authorises the 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 “Claimclaim”).

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

Claims under a Letter of Credit. (AE) The Original Borrower irrevocably and unconditionally authorises the 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”"claim").

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

Claims under a Letter of Credit. (Aa) The Each Borrower irrevocably and unconditionally authorises the LC 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”"claim").

Appears in 1 contract

Samples: Conformed Copy (Txu Corp /Tx/)

Claims under a Letter of Credit. (A) The Borrower irrevocably and unconditionally authorises the LC Issuing Bank to pay any claim made or purported to be made under a an Issuing Bank Letter of Credit and which appears on its face to be in order (a “Claim”).

Appears in 1 contract

Samples: And Restatement Agreement (Kosmos Energy Ltd.)

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Claims under a Letter of Credit. (ACN) The Original Borrower irrevocably and unconditionally authorises the 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”"claim").

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

Claims under a Letter of Credit. (A) The Original Borrower irrevocably and unconditionally authorises the 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”"claim").

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

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