Common use of Use of Letters of Credit Clause in Contracts

Use of Letters of Credit. The Letters of Credit shall be used for the general corporate purposes of the Account Parties and their respective Subsidiaries.

Appears in 9 contracts

Sources: Reimbursement Agreement (Ace LTD), Reimbursement Agreement (Ace LTD), Reimbursement Agreement (Ace LTD)

Use of Letters of Credit. The Letters of Credit shall be used ------------------------ for the general corporate purposes of the Account Parties and their respective Subsidiaries.

Appears in 1 contract

Sources: Reimbursement Agreement (Ace LTD)