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

  • The representative of the delegation of Romania introduced the latest developments on aligned international trade documents and informed the Meeting of two new forms of documents ("Dispatch Advice" and "Documentary Credit Application") produced by their delegation.

  • 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 Segment 1: Applicant: full name, address, account number with issuing bank of the buyer.

  • By downloading, printing and submitting to AmBank (M) Berhad (‘the Bank’) the Documentary Credit Application form from this website, we hereby confirm that we have read, understood and acknowledged the Terms and Conditions for Documentary Credit Application stated herein and fully authorise the Bank to proceed with the provision of the service.

  • In the absence of any instructions to the contrary specified in "Additional Instructions" in the Documentary Credit Application form, the Bank is hereby authorised by us to instruct any bank or branch concerned to despatch any draft(s) and/or any shipping documents by one or more mails or other methods of conveyance at the Bank's sole discretion.

  • It implies that for the first half of the history of the Earth, the source of the continental crust is not as depleted as pro- posed in the more commonly used models (e.g. that of Blichert-Toft and Puchtel, 2010).

  • 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.

  • 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.

  • The developed standards include e.g. DOCAPP (Documentary Credit Application Message); , DOCINF (Documentary Credit Issuance Information Message) and DOCADV (Documentary Credit Advice) 1.2.1. International Model laws and regulations‌ UNCITRAL Initiatives Possibly the most influential initiatives with regard to the subject matter examined in the ELDOC Study originate from the UNCITRAL Commission48.

  • Documentary Credit Application - Non MurabahaTRADE FINANCE ACADEMY H.

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 L/C Issuer.

  • Credit Application means any application for a Credit Account completed by You.

  • 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 any Group Member 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 shall have the meaning provided in Section 2.01(a).

  • 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.

  • 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 D, together with the standard form of application for letter of credit used by the applicable Issuing Bank, signed by a Senior Officer of the applicable Borrower and properly completed to provide all information required to be provided 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 pursuant to this Agreement.

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

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

  • Issuing Lender means, with respect to any Letter of Credit, the Lender which agrees or is otherwise obligated to issue such Letter of Credit, determined as provided in subsection 3.1B(ii).

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

  • 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.

  • Canadian Letter of Credit means a Letter of Credit that is issued pursuant to this Agreement for the account of the Canadian Borrower.