Examples of Maximum Available Credit in a sentence
This Letter of Credit shall remain a valid, enforceable and continuing obligation of the Lender pursuant to its terms unless the County shall have presented Lender with this original Letter of Credit marked “Satisfied and Released,” thereby releasing the Lender from all further liability under this Letter of Credit, or until such time as the Maximum Available Credit shall have been disbursed.
The capped credit amount, also known as the Maximum Available Credit, is listed per the customer’s OAT in the applicable rate section of the Option CPP of the applicable TOU rate schedule.
The draft in the sum of $ accompanying this Certificate is not in excess of the Maximum Available Credit of the Letter of Credit and shall result in a reduction of the Maximum Available Credit of the Letter of Credit.
Then S∞(ρAB σAB) ≥ S∞(ρA σB).Fact 3.13 Let ρ, σ, and τ be density matrices such that S∞(ρ σ) ≤ λ1 and S∞(σ τ ) ≤ λ2.
Borrower agrees to immediately repay, without notice or demand, any principal balance of the Line in excess of the Maximum Available Credit.