Determination to Honor Drawing Request Sample Clauses

Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth.
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Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the LC Bank shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth.
Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the L/C Issuer shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth.
Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the applicable Issuing Bank shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth. 101
Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, each LOC Issuer shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth.
Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the LC Bank shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit, and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth (the delivery of such documents and the satisfaction of such conditions precedent, the “Applicable Conditions”). Notwithstanding anything to the contrary herein or in any other Transaction Document, there shall be no conditions precedent to any such drawing other than the Applicable Conditions.
Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit, WTC Letter of Credit or any Roll-Up Letter of Credit by the beneficiary thereof, Issuer shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit, WTC Letter of Credit or Roll-Up Letter of Credit, as the case may be, have been delivered and that they comply on their face with the requirements of such Letter of Credit, such WTC Letter of Credit or such Roll-Up Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit, WTC Letter of Credit or Roll-Up Letter of Credit, as applicable, has been satisfied in the manner so set forth.
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Determination to Honor Drawing Request. 20 Section 1.22.
Determination to Honor Drawing Request. 26 2.16. Nature of Participation and Reimbursement Obligations. 26 2.17. Indemnity. 28 2.18. Liability for Acts and Omissions. 28 2.19. Additional Payments. 29 2.20. Manner of Borrowing and Payment. 29 2.21. [Mandatory Prepayments. 31 2.22. Use of Proceeds. 31 2.23. Defaulting Lender. 32 III INTEREST AND FEES. 33 3.1. Interest. 33 3.2. [Letter of Credit [and Acceptance] Fees. 33 3.3. Closing Fee and Facility Fee. 34 3.4. Collateral Evaluation Fee, Collateral Monitoring Fee and Fee Letter. 34 3.5. Computation of Interest and Fees. 34 3.6. Maximum Charges. 34
Determination to Honor Drawing Request. In determining whether to honor any request for drawing under any Letter of Credit - AIC by the beneficiary thereof, Issuer shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit - AIC have been delivered and that they comply on their face with the requirements of such Letter of Credit - AIC and that any other drawing condition appearing on the face of such Letter of Credit - AIC has been satisfied in the manner so set forth.
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