Examples of Drawing Request in a sentence
If a Drawing Request is presented in compliance with the terms of this Letter of Credit to us at such address or facsimile number on or by [11:00 a.m., Eastern Time] on any Business Day, payment will be made not later than [2:00 p.m., Eastern Time] on the next Business Day and if such Drawing Request is so presented to us after [11:00 a.m., Eastern Time] on any Business Day, payment will be made not later than [2:00 p.m., Eastern Time] on the second Business Day.
The Beneficiary shall receive payment from Issuer by wire transfer to the bank account of the Beneficiary designated in the Drawing Request.
Payment under this Letter of Credit shall be made in immediately available funds by wire transfer to such account as may be designated by the Beneficiary in the applicable Drawing Request.
In addition, presentation of a Drawing Request may also be made by fax transmission to [fax], or such other fax number identified by us in a written notice to you.
The original Letter of Credit, any amendments thereto and the originally signed Drawing Request on the Initial Member’s letterhead must be included in the documents presented hereunder in connection with any draft, it being agreed that such original Letter of Credit and all such amendments thereto so presented shall be promptly returned to you (or, if presented in person, shall remain with you after we have made a copy thereof at such time of presentation) in connection with any partial draw hereunder.