Common use of Letter of Guarantee Clause in Contracts

Letter of Guarantee. The Letter of Guarantee shall: (a) be payable to Custom House, (b) be drawn on a Custom House approved financial institution, and (c) have a maturity date a minimum of fourteen (14) Days after the Value Date of the Forward Contract.

Appears in 3 contracts

Samples: business.westernunion.com, secure.westernunion.com, secure.westernunion.com

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Letter of Guarantee. The Letter of Guarantee shall: (a) be payable to Custom House, (b) be drawn on a Custom House approved financial institution, and (c) have a maturity date a minimum of fourteen (14) Days after the Value Date of the Forward Contract and/or Option Contract.

Appears in 1 contract

Samples: Trading Terms

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