Advising Bank definition

Advising Bank means the bank whose details are provided by Beneficiary at the time of opening of this Letter of Credit, or any other bank as notified by Beneficiary from time to time, in each case, for the purpose of advising this Letter of Credit to Beneficiary.

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Advising Bank means the bank that advises the Bank Guarantee or the Letter of Credit or the Standby Letter of Credit at the request of the Issuing Bank.

Advising Bank. (If left blank, Greater Bay Bank N.A. may select) Beneficiary: (Name and Address) DRAWBRIDGE/FABER LLC C/O DRAWBRIDGE PARTNERS LLC ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ For Account of: (Name and Address) Amount CARDIODX, INC. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ PALO ALTO, CA 94304 In words U.S. DOLLARS THREE HUNDRED EIGHTY SEVEN THOUSAND TWO HUNDRED SEVENTY SIX AND NO/100 In figures $387,276.00 Currency U.S. Dollars Expiration Date: 02/01/2008 Availability: Unless otherwise specified herein, the Letter of Credit is to be available with Greater Bay Bank N.A.’s issuing office by payment of draft(s) drawn at sight on Greater Bay Bank NA. or, at Greater Bay Bank N.A.’s option, with any bank(s) or with a bank nominated by Greater Bay Bank N A. by negotiation of draft’s) drawn at sight on Greater Bay Bank N.A.

Examples of Advising Bank in a sentence

• The confirmation of issuance of BG through SFMS from Advising Bank shall be obtained through electronically as well as print out of the said message from Advising Bank with seal and signature.

• SFMS FOR BG AUTHENTICITY IS TO BE SENT BY THE ISSUING BANK TO VEDANTA’s BANK (Advising Bank of SFMS).

• However, the paper BG would be operative only on receipt of a separate advice through SFMS and confirmed by the Advising Bank (i.e. Beneficiary Bank).

• Remittee – Beneficiary, Advising Bank, Confirming Bank and/or Nominated Bank; Banking day – a day (except for Saturday, Sunday, or official holidays specified by the Legislation), when commercial banks operating in Georgia are open and conduct their normal business.

• In Favor of ("Beneficiary (") (include name & address): For the Account of Applicant (or, if different from Applicant, the "Account Party") (include name & address) Advising Bank (if any): Amount $ Expiration Date.

• SCHEDULE G: STANDBY LETTER OF CREDIT From: Issuing Bank To: Advising Bank Dear Sirs, By order of and for the account of [________] (“Applicant"), we hereby issue our irrevocable Standby Letter of Credit No. [________] (the “Standby Letter of Credit”) in favour of [________] (“Beneficiary”).

• Remittee – Beneficiary, Advising Bank, Confirming Bank and/or Nominated Bank.

• Beneficiary, Advising Bank, Confirming Bank and/or Nominated Bank.

• All Advising Bank charges (if any) are for the account of the Beneficiary.

• From: Issuing Bank To: Advising Bank Dear Sirs, By order of and for the account of [ ] (“Applicant"), we hereby issue our irrevocable Standby Letter of Credit No. [ ] (the “Standby Letter of Credit”) in favour of [ ] (“Beneficiary”).

More Definitions of Advising Bank

Advising Bank means The Chase Manhattan Bank, N.

Advising Bank means the bank to which the Letter of Credit is advised for the attention of the Beneficiary.

Advising Bank means any bank appointed by the Contractor(s) to act as correspondent bank that receives a letter of credit (L/C) from the Issuing Bank.

Advising Bank means a “bank that advises the credit at the request of the issuing bank.”;