Letters of Credit (with 5 examples)

letter-of-creditA letter of credit is a document defining an agreement from a bank which guarantees that a seller will receive payment in full assuming specified delivery conditions are adhered to. In the event that the buyer is unable to make payment, the bank will cover the outstanding amount.

 

Here are 5 examples of letters of credit agreements currently available on RealDealDocs:

 

1) Letter of Credit Agreement

 ALLFIRST TRUST COMPANY
AVALON PHARMACEUTICALS, INC
MANUFACTURERS AND TRADERS TRUST COMPANY
NATIONAL ASSOCIATION

 

2) Letter of Credit

VIDEO DISPLAY CORPORATION
REGIONS BANK

 

 

3) Letter of Credit Irrevocable Letter of Credit

 KEYSPAN CORP
JPMorgan Chase Bank

 

4) Insurance Letter of Credit

 PXRE GROUP LTD

 

5) Confirming Letter of Credit

 FIRST UNITED ETHANOL LLC
Wells Fargo Bank, National Association

 

 

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