Common use of Conditional Acceptance Clause in Contracts

Conditional Acceptance. Before accepting an instruction to issue a Guarantee, the Bank is entitled to consider such instruction with respect to its feasibility under legal, economical and policy aspects and to refuse acceptance, as the case may be.

Appears in 5 contracts

Sources: Credit Facility Agreement (Ipg Photonics Corp), Credit Facility Agreement (Ipg Photonics Corp), Credit Facility Agreement (Ipg Photonics Corp)