Examples of Original Letter of Credit in a sentence
IMPORTANT: If the financial security is a Letter of Credit, then a draft Letter of Credit equal to the cost breakdown analysis (need to verify proper format and dollar amount of Letter of Credit prior submitting the Original Letter of Credit).
The Letter of Credit must be completed by the bank and printed on bank letterhead with an authorized signature.5.) Original Letter of Credit is to be delivered and kept on file at Carroll County Electric Department.
The parties hereto agree that all Original Letters of Credit and Original Letter of Credit Obligations shall be deemed, respectively, Letters of Credit and Letter of Credit Obligations issued or existing under and subject to and governed by and entitled to the benefits of the terms of this Agreement.
Provide the following information from the Member’s Letter of Credit that the Bank is being asked to confirm: (Letter of Credit Number) (Amount) (Original Letter of Credit Effective Date) (Current Letter of Credit Termination Date) (Account Party/Customer) 1 Please note that the effective and expiration dates of the Confirmation must conform with the effective and expiration dates of the underlying Letter of Credit.
Evidence that the Original Letter of Credit has been marked “Cancelled” by the Depositary and will be returned to the Bank.