December 31, 2012 Sample Clauses
December 31, 2012. It is a condition of this Letter of Credit that such expiration date shall be deemed automatically extended, without written amendment, for one year periods to December 31 in each succeeding calendar year, unless at least thirty (30) days prior to such expiration date we send written notice to you at your address above by overnight courier or registered mail that we elect not to extend the expiration date of this Letter of Credit beyond the date specified in such notice. Upon our sending you such notice of the non-extension of the expiration date of this Letter of Credit, you may draw under this Letter of Credit, on or before the Expiration Date specified in such notice, by presentation of the following documents to us at our above address:
1. A draft drawn on us at sight marked “Drawn under ▇▇▇▇▇ Fargo Bank, N.A. Standby Letter of Credit No. .”
2. The original of this Standby Letter of Credit and any amendments thereto.
3. Your signed and dated statement worded as follows (with the instructions in brackets therein complied with): “The undersigned, an authorized representative of the beneficiary of ▇▇▇▇▇ Fargo Bank, N. A. Letter of Credit No. , hereby certifies that it has received notification from ▇▇▇▇▇ Fargo Bank, N.A. that this letter of credit will not be extended past its current expiration date. The undersigned further certifies that (i) as of the date of this statement, it has not received a letter of credit or other instrument acceptable to it as a replacement; and (ii) [INSERT NAME OF APPLICANT] has not been released from its obligations.” If any instructions accompanying a drawing under this Letter of Credit request that payment is to be made by transfer to an account with us or at another bank, we and/or such other bank may rely on an account number specified in such instructions as that of the beneficiary’s without any further validation. EXHIBIT G ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ This Letter of Credit is transferable one or more times, but in each instance only to a single transferee and only in the full amount available to be drawn under the Letter of Credit at the time of such transfer. Any such transfer may be effected only through ▇▇▇▇▇ Fargo Bank, N.A. and only upon presentation to us at our presentation office specified herein of a duly executed transfer request in the form attached hereto as Exhibit A, with instructions therein in brackets complied with, together with the original of this Letter of Credit and any amendments thereto and paymen...
December 31, 2012. If as of December 31, 2012, the Borrower is required to repay any portion of the Loan under Article VI of the Loan Agreement, the Borrower shall make the required repayment of principal, together with accrued interest on that amount from the date of disbursement of the Loan proceeds through the date of repayment, within 30 days after the Borrower receives written demand for payment from the Lender.
December 31, 2012. The last project on this grant was to update the 2002 STXEEMP MP. In July, a core drafting team assembled for the first time to kick off the MP review and update process. At this meeting, an agreement was reached on the purpose, approach, timeline and process to be used. The group agreed that the process should not be held up by any further delay in hiring a Coordinator for the Park, but to keep his or her needs in mind in drafting a plan that is logical and straightforward to interpret and implement. The core team also determined that the MP update would pertain to specific management actions to improve resources, ▇▇▇▇▇ threats and monitor for effectiveness, but that any review of zonation, boundaries, rules and regulations would need to be a separate process led by CZM, the CZM Commission, legal counsel and stakeholders.