Common Contracts

2 similar Application and Agreement contracts

APPLICATION AND AGREEMENT FOR STANDBY LETTER OF CREDIT
Application and Agreement • April 22nd, 2021 • North Carolina

FOR BANK USE ONLY Letter of Credit No. Variable Interest Rate:Interest shall accrue at the variable rate of percentage points above the highest Prime Rate as published from time to time in the Money Rates table of The Wall Street Journal. Annual Commission: An amount equal to 1.50% percent of the face amount of the Credit or $375.00, whichever is greater.

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APPLICATION AND AGREEMENT FOR STANDBY LETTER OF CREDIT‌‌
Application and Agreement • April 22nd, 2021 • North Carolina

Please debit Deposit Account No. , which is titled in the name indicated below, for all sums owed to you under this Application and Agreement:

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