Examples of Substitute Letter of Credit in a sentence
The Parties shall have thirty (30) Business Days from the LC Notice to negotiate a Substitute Letter of Credit (“Substitute Bank Period”).
If the Parties have not agreed to a Substitute Letter of Credit and Buyer fails to provide a Notice during the Ineligible LC Bank Notice Period above, then Seller may continue providing the Letter of Credit posted immediately prior to the LC Notice.
No other "Letter of Credit," "Substitute Letter of Credit" or "Alternate Credit Facility" (as all are defined in the Indenture) has become effective with respect to the Bonds.
But Pelet’s fury subsided; a fortnight sufficed for its rise, progress, and extinction: in that space of time the dismissal of the obnoxious teacher had been effected in the neighbouring house, and in the same interval I had declared my resolution to follow and find out my pupil, and upon my application for her address being refused, I had summarily resigned my own post.
In September 2010, government announced it would consult with Nova Scotians, pharmacists, pharmacy owners, doctors, seniors, drug manufacturers and other interest groups to get input on how best to get fair drug prices for Nova Scotians.