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Agreement for Assigning the Right to Proceeds Under a Letter of Credit with Bank Guarantying Signature

Book Publication Date: Oct 2020
Description: Form of letter agreement used for assigning the right to proceeds under a letter of credit
Type: Contracts, Letters
PLI Item #: 40588
Practice Area: Asset-based lending, Bank loans, Banking and finance, Financing, Securitization, Structured finance

Keywords: letter agreement; "assigning right to proceeds"; letter of credit; issuing bank; designated payee; bank guarantying signature

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