EXHIBIT 1 To That Certain Irrevocable Standby Letter of Credit Insert Place Insert Date.

Sample standby letter of credit. Provided however that the form and substance of the Standby Letter of Credit shall be subject to approval by. NOTE INSERT NAME OF BANK Per. 103 st philip street.

State laws relating to lettersn of credit are codified in Article 5 of the. You will be pleased to know that our bank management has decided to accept your application and have decided to issue a Standby Letter of Credit. Standby Letter of Credit To Whom It May Concern This is in reference to the credit amount of 7500 you applied for at the Gold National Bank on April 20 2012.

Sample Standby Letter of Credit Martin King Stella Exporters Limited May 24 2012 Subject. Provided that if any standby Letters. Commissioners of public works.

Subject to the terms and conditions of this Agreement Bank hereby agrees to issue a standby letter of credit for the account of Borrower and for the benefit of the former shareholders of LC Packing the Standby Letter of Credit in the principal amount of Thirteen Million Dollars 1300000000. A standby Letter of Credit fee which will accrue at a rate equal to 35 per annum times the daily balance of the undrawn amount of all outstanding standby Letters of Credit calculated on the basis of a 360-day year and the actual number of days elapsed payable monthly in arrears on the last day of each month and on the Termination Date and continuing until all undrawn standby Letters of Credit have expired or have been returned for cancellation. Form may vary substance may not bank letterhead.

Sample - irrevocable standby letter of credit note. Irrevocable Standby Letter of Credit. A standby letter of credit will be liquidated only if the applicant default of its responsibilities under the underlying contract.

Xxxxxxxxxx for value received we name of issuing bank hereby issue our. Orgakom milindo gmbh im ermlisgrund 20-24 76337 waldbronn germany name of beneficiarys bank. Sample text standby letter of credit name of issuing bank.