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draw a letter of credit

Lithuanian translation: išrašyti akredityvą

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:draw a letter of credit
Lithuanian translation:išrašyti akredityvą
Entered by: Leonardas

16:14 Jul 28, 2014
English to Lithuanian translations [PRO]
Law/Patents - Construction / Civil Engineering / Aircraft lease contract
English term or phrase: draw a letter of credit
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.
Irena R
Local time: 00:56
išrašyti akredityvą
Explanation:
.
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Leonardas
Local time: 00:56
Grading comment
Ačiū.
4 KudoZ points were awarded for this answer



Summary of answers provided
4išrašyti akredityvą
Leonardas


  

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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
išrašyti akredityvą


Explanation:
.

Leonardas
Local time: 00:56
PRO pts in category: 146
Grading comment
Ačiū.
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