Continuing Agreement for Documentary Credits Sample Contracts
CONTINUING AGREEMENT FOR DOCUMENTARY CREDITSContinuing Agreement for Documentary Credits • February 22nd, 2019
In consideration of Citibank Berhad (Company No. 297089-M) (“Citibank”)’s issuance in Citibank’s sole and absolute discretion, through any of Citibank’s branches, Affiliates, offices, correspondents or other parties Citibank may select in Citibank’s sole and absolute discretion, of the letter of credit (the “Credit”) substantially in accordance with the terms and conditions provided by Applicant on the application or as otherwise requested by Applicant (the “Application”), Applicant unconditionally agrees with Citibank as follows:
