Glossary entry (derived from question below)
English term or phrase:
draw a letter of credit
Lithuanian translation:
išrašyti akredityvą
Added to glossary by
Leonardas
Jul 28, 2014 16:14
9 yrs ago
English term
draw a letter of credit
English to Lithuanian
Law/Patents
Construction / Civil Engineering
Aircraft lease contract
If at any time prior to the Lease Term Expiry Date the bank issuing or confirming the Letter of Credit no longer has at least the Letter of Credit Bank Minimum Rating, then unless the Letter of Credit has been fully drawn Lessee shall within fourteen days of demand by lessor provide Lessor with a replacement Letter of Credit that complies with the requirements of this Section.
Unless the Letter of Credit is fully drawn, Lessor shall return the Letter of Credit to Lessee not later than 30 days after the date upon which the Aircraft is returned to Lessor in accordance with this Lease Agreement and all of the Secured Obligations which are then due and payable have been satisfied in full.
Unless the Letter of Credit is fully drawn, Lessor shall return the Letter of Credit to Lessee not later than 30 days after the date upon which the Aircraft is returned to Lessor in accordance with this Lease Agreement and all of the Secured Obligations which are then due and payable have been satisfied in full.
Proposed translations
(Lithuanian)
4 | išrašyti akredityvą | Leonardas |
Change log
Jul 31, 2014 10:47: Leonardas Created KOG entry
Proposed translations
6 hrs
Selected
išrašyti akredityvą
.
4 KudoZ points awarded for this answer.
Comment: "Ačiū."
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