Common use of PARTIAL AND MULTIPLE DRAWINGS ARE ALLOWED Clause in Contracts

PARTIAL AND MULTIPLE DRAWINGS ARE ALLOWED. A FAILURE TO MAKE ANY PARTIAL DRAWINGS AT ANY TIME SHALL NOT IMPAIR OR REDUCE THE AVAILABILITY OF THIS LETTER OF CREDIT IN ANY SUBSEQUENT PERIOD OR OUR OBLIGATION TO HONOR YOUR SUBSEQUENT DEMANDS FOR PAYMENT MADE IN ACCORDANCE WITH THE TERMS OF THIS LETTER OF CREDIT.

Appears in 12 contracts

Samples: Post Bid Letter of Credit Modifications, Post Bid Letter of Credit Modifications, Post Bid Letter of Credit Modifications

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