Indirect Foreign Issuing Lender definition

Indirect Foreign Issuing Lender as defined in Section 2.6(g)(iv).
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Examples of Indirect Foreign Issuing Lender in a sentence

  • In line with international practices, the validity of a Counter-Guarantee in favor of the Indirect Foreign Issuing Lender will exceed the validity of the Indirect Foreign Credit Instrument by at least ten calendar days.

  • In case of an Indirect Foreign Credit Instrument, such Foreign Issuing Lender is entitled to receive, for payment to the Indirect Foreign Issuing Lender, separate fees and expenses in respect of such Indirect Foreign Credit Instrument in addition to the fees and expenses pursuant to Section 2.6(p).

  • In case of an Indirect Foreign Credit Instrument, such Foreign Issuing Lender is entitled to receive, for payment to the Indirect Foreign Issuing Lender, separate fees and expenses in respect of such Indirect Foreign Credit Instrument in addition to the fees and expenses pursuant to Section 2.6(n).

  • Execution in this context refers to handing over or sending the Foreign Credit Instrument to the beneficiary, the relevant Borrower or any third party nominated by such Borrower or instructing the Indirect Foreign Issuing Lender to issue a Foreign Credit Instrument.

  • In line with international practices, the validity of a Counter-Guarantee in favor of the Indirect Foreign Issuing Lender may exceed the validity of the Indirect Foreign Credit Instrument by at least ten calendar days so long as such tenor is permitted under this Agreement.