Bank of america standby letter of credit applicationStandby Letter of Credit Agreement • April 6th, 2021 • California
Contract Type FiledApril 6th, 2021 Jurisdictionprinter-friendly Standby Letter of Credit Agreement - Wells Fargo Bank NA and Handspring Inc. STANDBY LETTER OF CREDIT AGREEMENT ================================================================================ TO: WELLS FARGO BANK, NATIONAL ASSOCIATION Applicant hereby requests that you, Wells Fargo Bank, National Association ("Wells Fargo"), issue in your name one or more standby letters of credit pursuant to Applications for the issuance of such Credits and the terms and conditions of this Agreement. Each Credit will be issued at Applicant's request and for its account, and, unless otherwise specifically provided in any Loan Document, at your option. Applicant agrees that the terms and conditions in this Agreement shall apply to each Application and the Credit issued pursuant to each Application, and to transactions under each Application, each Credit and this Agreement. SECTION 1. DEFINITIONS. As used in this Agreement, the following terms shall have the meanings set forth after eac