Letters of Credit Master Agreement Sample Contracts
Insurance Letters of Credit — Master AgreementLetters of Credit Master Agreement • March 4th, 2005 • Ipc Holdings LTD • Life insurance
The purpose of this letter is to record our agreement (the “Agreement”) to the following method of establishing letters of credit or similar or equivalent instruments acceptable to you (each a “Credit” and collectively “the Credits”) on our behalf in favour of beneficiaries located in the United States of America or elsewhere. In connection with this Agreement, we have also separately agreed with you the contractual or security arrangements that will apply in respect of our obligations under or pursuant to this Agreement.
