Letter of Indemnity definition

Letter of Indemnity means a letter of indemnity issued by the Seller in favour of the Buyer in the form set out in the Appendix to these Contract Terms (or such other form as the Exchange may from time to time prescribe or permit), countersigned by the Seller’s bank if so requested by the Buyer, provided that where the Seller is the Clearing House, the letter of indemnity shall be issued by the Seller whose tender has been allocated by the Clearing House to the Buyer for the purposes of delivery, and where the Seller is not the Clearing House, the letter of indemnity shall be issued in favour of the Buyer to whom the Clearing House has allocated such Seller's tender for the purposes of delivery;

Letter of Indemnity means a letter of indemnity substantially in the form set out in Appendix A;

Letter of Indemnity means a letter of indemnity in the form set out in Appendix B to this Chapter 10.

Examples of Letter of Indemnity in a sentence

• In addition, MSC may request the provision of a Letter of Indemnity ( LOI) from the Merchant before accepting such shipments.

• In addition, MSC may request the provision of a Letter of Indemnity ( LOI) from the Merchant before accepting any shipment.

• Previous chapters on the development of earth pressure theory and on graphical techniques have been moved to an appendix.

• If these documents are not received by Buyer’s bank before the cargo arrival, the Seller shall instruct the shipper to deliver the consignment to MMTC against MMTC’s own Letter of Indemnity on its letter pad and instruct the Shipping Agent accordingly.

• The access to and use of EB Services provided through facsimile shall be governed by the Procedures for Facsimile Instructions, the agreements between customers of DBS Bank Ltd, Ho Chi Minh Branch and DBS Bank Ltd, Ho Chi Minh Branch (including but not limited to, the Letter of Indemnity for Fax Instructions to the Bank), or by terms and conditions issued by DBS Bank Ltd, Ho Chi Minh Branch in relation to the use of facsimile instructions or facsimile machine.

More Definitions of Letter of Indemnity

Letter of Indemnity means any air release, steamship guarantee or similar document providing indemnity to a carrier for air release of cargo or release of shipment without surrender of bills of lading for such cargo or shipment.

Letter of Indemnity means a letter of indemnity in the form set out in schedule 2 hereto;

Letter of Indemnity means any indemnity issued by L/C Issuer relating to goods covered by a Letter of Credit pursuant to which L/C Issuer will hold a carrier named by Borrower harmless by reason of such carrier’s releasing such goods without surrender to the carrier of the endorsed transport document covering the shipment of such goods.

Letter of Indemnity means the letter of indemnity dated July 28, 2004 between Seller and Coach Inc.

Letter of Indemnity means a letter of indemnity in the form set out in Schedule 4 hereto.

Letter of Indemnity means a letter of indemnity in the form set out in Appendix B to this Chapter 10. Deleted: LIBOR means the London Interbank Offered Rate for one (1) month US dollar deposits displayed on the appropriate pageof the Reuters screen as of the date any amount owing hereunder falls due or, if no such rate is available for such period, the rate quoted by Barclays Bank PLC for one (1) month US dollar deposits toleading banks in the London interbank market.Loading Point means the Mina Al Fahal Terminal, Muscat, Sultanate of Oman and/or Floating Storage in Oman waters. Loading Port means the Mina Al Fahal Port, Muscat, Sultanate of Oman Non-Confirmati on Notice has the meaning given to it in Rule 10.15(E).

Letter of Indemnity means has the meaning ascribed to it in Recital (B); "Mediation Decree" has the meaning ascribed to it in Clause 17. "Mediation Rules" has the meaning ascribed to it in Clause 17.