Claims under a Letter of Credit. (a) Each Borrower and each Lender irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by that Xxxxxxxx (or requested by the Parent Guarantor on its behalf) and which appears on its face to be in order (in this clause 7, a "claim").
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Samples: webapp.factstream.ai
Claims under a Letter of Credit. (a) 8.5.1 Each Borrower and each Lender irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by that Xxxxxxxx (or requested by the Parent Guarantor on its behalf) it and which appears on its face to be in order (in this clause 7, a "claim").
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Samples: Facilities Agreement (Royal Ahold)
Claims under a Letter of Credit. (a) Each Borrower and each Lender irrevocably and unconditionally authorises the Issuing Bank to pay any claim demand made or purported to be made under a Letter of Credit requested by that Xxxxxxxx it (or requested by the Parent Guarantor on its behalf) and which appears on its face to comply with the terms of that Letter of Credit and to be in order (in this clause Clause 7, a "“claim"”).
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Samples: Facility Agreement (Orion Engineered Carbons S.a r.l.)
Claims under a Letter of Credit. (a) 7.2.1 Each Borrower and each Lender irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Letter of Credit requested by that Xxxxxxxx it (or requested by the Parent Guarantor Company on its behalf) and which appears is valid on its face to be in order (in this clause Clause 7, a "“claim"”).
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