Documentary Credit Application definition

Documentary Credit Application means, as the context may permit or require, any or each of the Borrower's application(s) to the Bank for opening LCs and all supporting documents furnished by the Borrower in respect thereof to the Bank.
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Documentary Credit Application means an application and agreement for the issuance or amendment of a Documentary Credit in the form from time to time used by Royal;
Sample 1Sample 2Sample 3
Documentary Credit Application means, as the context may permit or require, any or each of the Borrower’s application(s) to the Bank for opening LCs and all supporting documents furnished by the Borrower in respect thereof to the Bank.
Sample 1

Examples of Documentary Credit Application in a sentence

  • Such Documentary Credit Application must be received by Royal not later than 8:00 a.m. Toronto time at least three Business Days (or such later date and time as Royal may agree in a particular instance in its sole discretion) prior to the proposed issuance date or date of amendment, as the case may be.

  • In the event of any conflict between the terms hereof and the terms of any Documentary Credit Application, the terms hereof shall control.

  • Documentary Credit Application Form: ❖ Tax Identification Number Certificate.❖ VAT Registration Certificate.❖ Membership Certificate of recognized Trade Association as per IPO.❖ Proforma Invoice: It states description of the goods including quantity, unit price etc.❖ L/C Form: MBL provides a printed form for opening of L/C (MF-fx 13) to the importer.

  • COUNTRY OF ORIGIN : USA (END) 취소불능화환신용장개설신청서 (Irrevocable Documentary Credit Application) OPEN TYPE : SWIFT ISSUING BANK : KOREA INSTITUTE BANK ADVISING BANK : ICC BANK NEW YORK BR <SWIFT> Credit Number(20) : M04-XX-1610- ES - 00010 Date & Place of Expiry(31D) : (DATE) 2016-11-30 (PLACE) IN YOUR COUNTRY Applicant(50) : KOREA TECH.

  • Documentary Credit Application - MurabahaTRADE FINANCE ACADEMY H.

  • Guarantee Request A request from the Customer to the Bank to issue a Guarantee, substantially in the form set out in Part E (Documentary Credit Application).

  • Any information given by the Company in its Documentary Credit Application, in the reports and other information furnished by or on behalf of the Company in accordance with the reporting system is incorrect or misleading, or a representation, warranty or statement made or repeated or deemed to be made or repeated in or in connection with the Facility Agreement or any Transaction Document by the Company or any other person, is incorrect or misleading in any respect.

  • Documentary Credit Application - MurabahaTRADE FINANCE ACADEMY E.

  • Irrevocable Documentary Credit Application Form which follows, if the goods are shipped on the same vessel and the voyage ends at the same destination.

  • For issuance of a Letter of Commitment, the Borrower shall furnish to the Lenders at the time of submitting the Documentary Credit Application such documents in connection with the Project Documents or the Buyers Credit Facility as may be required by the Lenders.

Related to Documentary Credit Application

  • Letter of Credit Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the applicable L/C Issuer.

  • Credit Application means the credit application form and all supplements thereto, completed, executed, and submitted by Borrower to Lender to apply for the Loan.

  • Facility LC Application is defined in Section 2.19.3.

  • LC Application an application by Borrower Agent to Issuing Bank for issuance of a Letter of Credit, in form and substance satisfactory to Issuing Bank.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Documentary Letter of Credit means any Letter of Credit that is drawable upon presentation of documents evidencing the sale or shipment of goods purchased by the Borrower or any of its Subsidiaries in the ordinary course of its business.

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Trade Letter of Credit means any Letter of Credit that is issued under the Letter of Credit Facility for the benefit of a supplier of inventory to the Borrower or any of its Subsidiaries to effect payment for such Inventory.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • Documentary draft means a draft to be presented for acceptance or payment if specified documents, certificated securities as defined in section 8102 or instructions for uncertificated securities as defined in section 8102, or other certificates, statements, or the like are to be received by the drawee or other payor before acceptance or payment of the draft.

  • Fronted Letter of Credit means a standby Letter of Credit issued by an Issuing Lender having an L/C Fronting Commitment in which each Lender purchases a risk participation pursuant to Section 3.4.

  • Letter of Credit Subfacility means, at any time, an amount equal to the lesser of (a) the aggregate amount of the L/C Issuers’ Letter of Credit Sublimits at such time and (b) the Revolving Credit Facility at such time. The Letter of Credit Subfacility is part of, and not in addition to, the Revolving Credit Facility. On the Closing Date, the amount of the Letter of Credit Subfacility is $60,000,000.

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Standby Letter of Credit Agreement means the Standby Letter of Credit Agreement relating to the issuance of a Standby Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Unused Letter of Credit Subfacility means an amount equal to the Letter of Credit Subfacility minus the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit plus, without duplication, (b) the aggregate Unpaid Drawings obligations with respect to a Letters of Credit.

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Letter of Credit means any letter of credit issued hereunder. A Letter of Credit may be a commercial letter of credit or a standby letter of credit.

  • Facility Letter of Credit means a Letter of Credit issued by an Issuer pursuant to Section 2.15.

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • Issuing Lender means WFF or any other Lender that, at the request of Administrative Borrower and with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender for the purpose of issuing L/Cs or L/C Undertakings pursuant to Section 2.12.

  • Revolving Letter of Credit means any letter of credit issued pursuant to Section 2.05.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Letter of Commitment means a letter obtained from the MBE and WBE’s by the Bidders. The Letter of Commitment is a signed letter(s), on company letterhead, from the minority and/or women certified business. It must be produced no later than 24 hours after the bid due date and time. This letter(s) shall state and will serve as acknowledgement from the minority and/or women certified business of their level of participation in this solicitation, the dollar amount of the commitment, the scope of service or product to be provided and the anticipated dates of utilization.