keep-well letters

FVA Not for points English to Spanish Bus/Financial Finance (general)

The sentence in which the term appears is as follows: "Letters of Credit and Guarantees shall be interpreted broadly to include surety bonds, bid bonds, make-whole and keep-well letters and agreements and similar understandings (i.e., commitments to “ensure” performance, “make up any deficits”, “cause the Company to perform” and similar type language)".