Application definition
Examples of Application in a sentence
Each Borrower and ▇▇▇▇▇▇▇▇▇ agrees to be bound by the terms of the Letter of Credit Application and by Issuer’s interpretations of any Letter of Credit issued on behalf of such Borrower or Guarantor and by Issuer’s written regulations and customary practices relating to letters of credit, though Issuer’s interpretations may be different from such ▇▇▇▇▇▇▇▇’s or Guarantor’s own.
In the event of a conflict between the Letter of Credit Application and this Agreement, this Agreement shall govern.
Following the Closing and in a mutually agreed communication, Fidelity and First Federal shall notify each applicant under the Unlocked Pipeline Applications outstanding on the Business Day immediately prior to the Closing of the transfer and assignment of the applicable Unlocked Pipeline Application to First Federal.
Subject to the foregoing, Borrowers agree that for purposes of computing the interest charges under this Agreement, each item of payment received by Agent shall be deemed applied by Agent on account of the Obligations on its respective Application Date.