Confirming Bank. a banking institution indicated in the Letter of Credit Agreement which, based on the permission and/or request of the Bank, assumes an independent irrevocable obligation to pay under the Letter of Credit and/or carry out a Negotiation .
Appears in 3 contracts
Samples: Specific Terms, conditions.bog.ge, conditions.bog.ge
Confirming Bank. a banking institution indicated in the Stand-by Letter of Credit Agreement which, based on the permission and/or request of the Bank, assumes an independent irrevocable obligation to pay under repay the Stand-by Letter of Credit and/or carry out a Negotiation .
Appears in 1 contract
Samples: conditions.bog.ge
Confirming Bank. a banking institution indicated in the Letter of Credit Agreement/Stand-by Letter of Credit Agreement which, based on the permission and/or request of the Bank, assumes an independent irrevocable obligation to pay under repay the Letter of Credit/Stand-by Letter of Credit and/or carry out a Negotiation Negotiation.
Appears in 1 contract
Samples: conditions.bog.ge
