| bank. | contractual commitment to advance funds | договорное обязательство о предоставлении денежных средств (англ. термин взят из письма U.S. Comptroller of the Currency, Administrator of National Banks за 2009 г. • Contractual commitment to advance funds means an obligation on the part of the industrial loan corporation to make payments, directly or indirectly, to a designated third party contingent upon a default by the industrial loan's customer in the performance of an obligation under the terms of that customer's contract with the third party or an obligation to guarantee or stand as surety for the benefit of a third party to the extent permitted by law. The term includes standby letters of credit, guarantees, puts and other similar arrangements. Undisbursed loan or lease funds and loan or lease commitments not yet drawn upon are not considered a contractual commitment to advance funds. Alex_Odeychuk) |