Examples of Other Letters of Credit in a sentence
The company’s cementitious brands include the market-leading “Surebuild ” brand in South Africa and “Unicem ” in Zimbabwe.
Each such payment shall be made to such Issuing Lender at its Principal Office in Dollars (except, with respect to Other Letters of Credit denominated in a currency other than Dollars, to the extent the Application for such Other Letter of Credit provides that payment shall be made in another currency) and in immediately available funds.
Each Letter of Credit (other than the Other Letters of Credit and any replacements thereof) shall be denominated in Dollars.
During such times as Lessor shall elect to hold all or part of the proceeds of the Letter of Credit or Other Letters of Credit as security for Lessee's obligations to Lessor under the Lease and the Other Leases, Lessee shall not be obligated to reinstate the amount of the Letter of Credit or Letters of Credit, as the case may be, in respect of the proceeds so held.
With respect to all Letters of Credit and all Other Letters of Credit that shall not have matured or presentment for honor shall not have occurred, the Company shall provide the Lender with Cash Collateral in an amount equal to the aggregate undrawn amount of the Letters of Credit.