Conditions Precedent to Liquidity Advances. Following any payment by the Bank under the Letter of Credit, a Liquidity Advance shall be made available to the Applicant only if on the date of payment of such drawing by the Bank the following statements shall be true:
Appears in 2 contracts
Samples: Reimbursement Agreement (Griffith Micro Science International Inc), Reimbursement Agreement (Griffith Micro Science International Inc)
Conditions Precedent to Liquidity Advances. Following any payment by the Bank of a Liquidity Drawing under the Letter of Credit, a Liquidity Advance shall be made available to the Applicant Company only if on the date of payment of such drawing by the Bank the following statements shall be true:
Appears in 1 contract
Samples: Letter of Credit Agreement (Central Power & Light Co /Tx/)
Conditions Precedent to Liquidity Advances. Following any payment by the Bank Lender under the Letter of CreditCredit pursuant to a Liquidity Drawing, a Liquidity Advance shall be made available to the Applicant Lender only if on the date of payment of such drawing Liquidity Drawing by the Bank Lender the following statements shall be true:
Appears in 1 contract
Conditions Precedent to Liquidity Advances. Following any Upon payment by the Bank of a Liquidity Drawing under the Letter of Credit, such Liquidity Drawing shall constitute a Liquidity Advance shall be made available to the Applicant Company only if on the date of payment of such drawing by the Bank the following statements shall be true:
Appears in 1 contract
Samples: Letter of Credit Agreement (Central Power & Light Co /Tx/)
