Examples of Comfort Letters in a sentence
If the vendor uses more than one financial institution, multiple Comfort Letters must be submitted 5.
FTAM will initiate buy-sell transactions with commodities and bank instruments: That will form no risk to the principle capital Will be sold before it is bought Will bring more capital to the bank then was used/blocked (non-depleting) Acceptor will support these transactions by providing one or more facilities: Some transactions require Proofing of capital: Proof of Funds or Bank Comfort Letters Some transactions require Blocking of Funds for a period of time.
With respect to any Principal Transaction pursuant to a Terms Agreement, the Company shall cause its independent accountants to furnish Cowen, in form and substance reasonably satisfactory to Cowen, Comfort Letters at the Time of Sale, dated the date of such Time of Sale, and on the Principal Settlement Date, dated the Principal Settlement Date.
The invoice attached to the complaint did not contain a breakdown of the charges, miles traveled, or fuel consumed, but rather listed the total monthly amounts past due.
With respect to any Principal Transaction pursuant to a Terms Agreement, the Company shall cause its independent accountants to furnish Cowen, in form and substance satisfactory to Cowen, Comfort Letters at the Time of Sale, dated the date of such Time of Sale, and on the Principal Settlement Date, dated the Principal Settlement Date.