Letter of Credit Sample Contracts

Post-Auction Letter of Credit APPENDIX ____[C/B] TO ________[BGS-RSCP/BGS-CIEP] SUPPLIER MASTER AGREEMENT, DATED _________,
Letter of Credit • November 3rd, 2021

This Letter of Credit is issued at the request of the Applicant, and we hereby irrevocably authorize you to draw on us, in accordance with the terms and conditions hereof, up to the maximum amount of this Letter of Credit, subject to reduction as provided in Paragraph 11 hereof. This Letter of Credit may be drawn upon an Event of Default under the BGS-RSCP Supplier Master Agreement(s) between the Applicant and you, dated ___________ and the BGS-CIEP Supplier Master Agreement(s) between the Applicant and you, dated ___________.

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FORM OF PIPP SUPPLIER Letter of Credit
Letter of Credit • April 19th, 2016

This Letter of Credit is issued at the request of the Applicant, and we hereby irrevocably authorize you to draw on us, in accordance with the terms and conditions hereof, up to the maximum amount of this Letter of Credit, subject to reduction as provided in paragraph 12 hereof. This Letter of Credit may be drawn upon an Event of Default under that certain Master PIPP Supply Agreement between the Applicant and you, dated _________ .

1 EXHIBIT 10.1 FORM OF LETTER OF CREDIT Irrevocable Standby Letter of Credit Number:_________________________
Letter of Credit • February 25th, 1999 • Tic Acquisition LLC • Real estate investment trusts
LETTER OF CREDIT
Letter of Credit • August 3rd, 2004

THIS LETTER OF CREDIT is for the purpose of fulfilling the (maintenance or construction) bonding requirement of the Town of Friday Harbor Street and Stormwater Standards and that certain agreement requiring the (maintenance or construction) of improvements or the making of repairs and fulfillment of requirements for (name of project) as per Town of Friday Harbor Drawing Number . The undersigned do(es), with full power and authority to demand, collect, and receive said amount and give receipt therefore, hereby agrees to set aside unto the Town of Friday Harbor $ for the uses and purposes prescribed by said code and agreement. It is understood and agreed that

LETTER OF CREDIT
Letter of Credit • February 19th, 2013 • Us Tungsten Corp. • Metal mining
LETTER OF CREDIT August 1, 1998
Letter of Credit • March 31st, 2003 • Union Plaza Hotel & Casino Inc • Services-miscellaneous amusement & recreation

Exber, Inc. hereby makes available to the Union Plaza Hotel & Casino a line of credit in the amount of $1,000,000.00 (one million dollars) to be used for normal operating requirements as needed. Extensions of credit under this agreement will be combined with the first mortgage note held by Exber, Inc.

APPENDIX C FORM OF PIPP SUPPLIER Letter of Credit
Letter of Credit • April 12th, 2017

This Letter of Credit is issued at the request of the Applicant, and we hereby irrevocably authorize you to draw on us, in accordance with the terms and conditions hereof, up to the maximum amount of this Letter of Credit, subject to reduction as provided in paragraph 12 hereof. This Letter of Credit may be drawn upon an Event of Default under that certain Master PIPP Supply Agreement between the Applicant and you, dated _________ .

EXAMPLE LETTER OF CREDIT FORM
Letter of Credit • November 14th, 2013

Pursuant to the request of our customer, ……………………………….we the undersigned, The Bank of hereby establish an irrevocable letter of credit in your favour in the total amount of

LETTER OF CREDIT
Letter of Credit • April 2nd, 2019
A Letter Of Credit Is An Agreement
Letter of Credit • August 1st, 2021

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Form of Letter of Credit
Letter of Credit • May 5th, 2020

THIS LETTER OF CREDIT IS PRESENTABLE AND PAYABLE AT OUR COUNTERS AND WE HEREBY ENGAGE WITH YOU THAT SIGHT DRAFTS PRESENTED AND DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS LETTER OF CREDIT WILL BE DULY HONORED ON PRESENTATION WHEN ACCOMPANIED BY THE BELOW MENTIONED DOCUMENTS PURSUANT TO THE TERMS AND CONDITIONS OF THIS LETTER OF CREDIT.

FORM OF LETTER OF CREDIT
Letter of Credit • September 15th, 2020

THIS LETTER OF CREDIT IS PRESENTABLE AND PAYABLE AT OUR COUNTERS AND WE HEREBY ENGAGE WITH YOU THAT DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS LETTER OF CREDIT WILL BE DULY HONORED ON PRESENTATION WHEN ACCOMPANIED BY THE BELOW MENTIONED DOCUMENTS PURSUANT TO THE TERMS AND CONDITIONS OF THIS LETTER OF CREDIT.

THE CORPORATION OF THE TOWN OF NIAGARA-ON-THE-LAKE SAMPLE LETTER OF CREDIT
Letter of Credit • February 11th, 2015

WE HEREBY AUTHORIZE YOU TO DRAW ON (LEGAL NAME AND ADDRESS OF FINANCIAL INSTITUTION) , FOR THE AMOUNT OF (DOLLAR AMOUNT) CANADIAN DOLLARS (CAD) AVAILABLE ON DEMAND AS FOLLOWS:

FIFTH THIRD BANK, NATIONAL ASSOCIATION Cincinnati, Ohio 45202 October 16, 2024
Letter of Credit • November 1st, 2024 • Mammoth Energy Services, Inc. • Oil & gas field services, nec

(a)the Revolving Credit Agreement (the “Credit Agreement”; capitalized terms used and not defined herein shall have the meanings ascribed thereto in the Credit Agreement), dated as of October 16, 2023, by and among Mammoth Energy Services, Inc., a Delaware corporation, as Borrower, the other Loan Parties from time to time party thereto, the Lenders from time to time party thereto, and Fifth Third Bank, National Association, as Agent; and

What is a Letter of Credit?
Letter of Credit • May 20th, 2016

A letter of credit is a documentary agreement, typically from a bank (Issuing Bank), assuring that a seller (Beneficiary) will receive payment up to the amount of the letter of credit, as long as certain documentary delivery conditions have been met. In the event that the buyer (Applicant) is unable to make payment on the purchase, the Beneficiary may make a demand for payment on the bank. The bank will examine the Beneficiary’s demand and if it complies with the terms of the letter of credit, will honor the demand.

Appendix 2 Form of Letter of Credit
Letter of Credit • February 22nd, 2016

THIS LETTER OF CREDIT IS EFFECTIVE FROM [_______ __, 20[__]] AND SHALL EXPIRE ON [__________ __, ____] AT OUR COUNTERS, PROVIDED THAT THIS LETTER OF CREDIT SHALL BE DEEMED TO BE AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR ONE (1) YEAR FROM THE EXPIRY DATE HEREOF, OR ANY FUTURE EXPIRY DATE, UNLESS AT LEAST SIXTY (60) DAYS PRIOR TO THE EXPIRY DATE WE NOTIFY YOU BY REGISTERED MAIL RETURN RECEIPT REQUESTED OR COURIER (WITH DELIVERY CONFIRMED IN WRITING) THAT WE ELECT NOT TO CONSIDER THIS LETTER OF CREDIT RENEWED FOR ANY SUCH ADDITIONAL PERIOD. UPON RECEIPT BY YOU OF SUCH NOTICE AND IF A SUBSTITUTE LETTER OF CREDIT IN FORM, SUBSTANCE AND AMOUNT ACCEPTABLE TO YOU IS NOT PROVIDED TO YOU BY OR ON BEHALF OF THE APPLICANT AT LEAST THIRTY (30) DAYS PRIOR TO THE THEN CURRENT EXPIRY DATE IN EFFECT AT THE TIME OF NOTICE, THEN YOU MAY DRAW DOWN THIS LETTER OF CREDIT UP TO THE AVAILABLE AMOUNT (i.e., ORIGINAL AMOUNT OF THIS LETTER OF CREDIT NOTED ABOVE REDUCED BY AMOUNT OF PRIOR PAID DRAWINGS).

LETTER OF CREDIT
Letter of Credit • April 17th, 2012 • Potash America, Inc. • Services-advertising
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