LC Commission definition

LC Commission has the meaning assigned to that term in Section 2.10(g)(ii).
LC Commission is defined in Section 2.10(g)(ii).
LC Commission has the meaning assigned to that term in Section 2.8(g)(ii). ------------- ------------------

Examples of LC Commission in a sentence

  • Inland L/C Commission - Sight L/CCommissions0.40% for each quarterx.

  • LC Commission is recognised over time as the services are rendered as per the terms of the contract.

  • Front-end fees, Premium on pre-payment of loans/reduction in interest rates and LC Commission are accounted for on cash basis.

  • Settled by FCY from other Banks(ii) From own USD A/C(i) Rs.0.20 per USD(ii)Processing fee of Rs. 1,000.00 per set of documents13Inward Document CollectionAs per the L/C Commission Rate.

  • Front-end fees, Premium on pre-payment of loans/ reduction in interest rates and LC Commission.


More Definitions of LC Commission

LC Commission has the meaning assigned to that term in SECTION 2.10(e)(ii).
LC Commission has the meaning specified in Section 2.16(e)(ii).
LC Commission has the meaning assigned to that term in Section 2.3(f)(ii).
LC Commission means, with respect to any Letter of Credit, an amount equal to the fee payable in connection with the issuance or extension of such Letter of Credit.
LC Commission means, for any Letter of Credit on its date of issuance and on each date, if any, on which its expiry date is extended, the product of (a) the LC Premium, multiplied by (b) the face amount of such Letter of Credit, multiplied by (c) the actual number of days until such Letter of Credit's expiry date (or, in the case of an extension, the actual number of days from but excluding the initial expiry date to and including the extended expiry date), divided by 360 days.
LC Commission means the rate determined in accordance with Clause 7.2 (Commission in respect of Letters of Credit).
LC Commission shall have the meaning assigned to such term in Section 2.05(c).