Common use of Demands under Letters of Credit Clause in Contracts

Demands under Letters of Credit. If a demand is made by Lloyd’s under a Letter of Credit, the Agent shall promptly make demand upon the Account Party in accordance with this Agreement and notify the Banks accordingly.

Demands under Letters of Credit. If a demand is made by Lloyd’s 's under a Letter of Credit, Credit the Agent shall promptly make demand upon the Account Party in accordance with this Agreement and notify the Banks accordinglyBanks.