{"iri":"http://lmss.sali.org/RCDzQ1P6vPQJSomNGGqxvlR","id":"RCDzQ1P6vPQJSomNGGqxvlR","label":"Letter of Credit Obligation Breached","definition":"A Letter of Credit Obligation Breached refers to a situation where a party fails to fulfill their obligation to pay under a letter of credit, which is a document issued by a bank guaranteeing payment to a seller of goods or services.","prefLabels":[],"altLabels":["Obrigação de carta de crédito violada","Verletzung der Akkreditivverpflichtung","Violation de l'obligation de lettre de crédit","信用状の義務違反","信用证义务违约"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/RBKpy2Nyht27CqaMOeeTx1N","id":"RBKpy2Nyht27CqaMOeeTx1N","label":"Banking, Commercial Paper, and Creditor Claims"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RCDzQ1P6vPQJSomNGGqxvlR/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}