Letter of Credit Action definition

Letter of Credit Action means the issuance, supplement, amendment, renewal, extension, modification or other action relating to a Letter of Credit.
Letter of Credit Action means the issuance, supplement, amendment, renewal, extension, modification or other action relating to a Letter of Credit hereunder.
Letter of Credit Action means the issuance, supplement, amendment,

Examples of Letter of Credit Action in a sentence

  • Clinical Accountability The RAMP xxx will remain clinically accountable to the Consultant xxx /GP xxx, Director of Midwifery while providing care in xxx Service, xxx Hospital, xxx Hospital Group/ xxx Healthcare Service, CHO Area.

  • Each Letter of Credit Action shall be in a form acceptable to the applicable Issuing Lender in its sole discretion.

  • Each Letter of Credit Action shall be in a form acceptable to Issuing Lender in its sole discretion.

  • To offset the reduction in revenue in daily caps the Mayor has made significant increases to off- peak fares from outside Zone 3.

  • In addition, Borrower shall pay directly to each Issuing Lender, upon demand, for its sole account, its customary documentary and processing charges in accordance with its standard schedule, as from time to time in effect, for any Letter of Credit Action or other occurrence relating to a Letter of Credit requested by Borrower for which such charges are customarily made.

  • In addition, Borrower shall pay directly to Issuing Lender, upon demand, for its sole account its customary documentary and processing charges in accordance with its standard schedule, as from time to time in effect, for any Letter of Credit Action or other occurrence relating to a Letter of Credit for which such charges are customarily made.

  • Administrative Agent notifies the applicable Issuing Lender that such Letter of Credit Action is not permitted hereunder, or the applicable Issuing Lender notifies Administrative Agent that it has determined that such Letter of Credit Action is contrary to any Laws or policies of such Issuing Lender, the applicable Issuing Lender shall effect such Letter of Credit Action.

  • Unless Administrative Agent notifies Issuing Lender that such Letter of Credit Action is not permitted hereunder, or Issuing Lender notifies Administrative Agent that it has determined that such Letter of Credit Action is contrary to any Laws or policies of Issuing Lender, Issuing Lender shall, upon satisfaction of the applicable conditions set forth in Section 4.02 with respect to any Letter of Credit Action constituting an Extension of Credit, effect such Letter of Credit Action.

  • Borrower may irrevocably request a Letter of Credit Action in a Minimum Amount therefor in United Stated Dollars or any Offshore Currency by delivering a Letter of Credit Application therefor to Issuing Lender, with a copy to Administrative Agent (who shall notify Lenders), by Requisite Notice not later than the Requisite Time therefor.

  • Each such request for a Letter of Credit Action shall, if Sections 4.02(b) and (c) are applicable to such Letter of Credit Action, constitute a representation and warranty by Borrower that the conditions set forth in Sections 4.02(b) and (c) are satisfied.

Related to Letter of Credit Action

  • Letter of Credit means any letter of credit issued pursuant to this Agreement.

  • 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.