A Drawing definition

A Drawing shall have the meaning specified in the Letter of Credit which shall be a drawing in respect of the payment of the portion of the purchase price of Bonds corresponding to principal of such Bonds.
A Drawing or "B Drawing," "C Drawing," or "D Drawing" shall have the meaning ascribed to such terms in the Letter of Credit.
A Drawing means any draw in the form of Annex A to the Letter of Credit made under the Letter of Credit to pay the principal amount upon an optional and/or a mandatory redemption of a portion of the Bonds in accordance with the Indenture.

Examples of A Drawing in a sentence

  • A Drawing Cover Sheet listing an index of all number of drawings by each discipline.

  • Consultant shall produce 30%, 60%, 90% and Final Construction Documents for review and approval by City, which shall include the following: A Drawing Cover Sheet listing an index of all number of drawings by each discipline.

  • A Drawing Notice and a Roll-Over Notice shall be irrevocable and, subject to clause 10, the Borrower shall borrow the stated amount on the stated date.

  • A Drawing Request once given may not be withdrawn or revoked unless it is a Drawing Request for the issue of a Letter of Credit or Lender Guarantee which is withdrawn or revoked before the Letter of Credit or Lender Guarantee is issued by the Issuing Lender.

  • A Drawing under this Letter of Credit shall be presented directly to us by you or by any transferee who has succeeded you as Paying Agent/Registrar and as Tender Agent under the Ordinance and shall not be negotiated to or by any third party.


More Definitions of A Drawing

A Drawing means a drawing made by sight draft accompanied by a certificate in the form of Exhibit A to Annex 1 hereto to pay the interest payments due on the Bonds.
A Drawing means a drawing under a Letter of Credit to pay the principal of the Demand Notes due to maturity, redemption, or acceleration. ACTUAL/360 BASIS --- a method of computing interest or other charges hereunder on the basis of an assumed year of 360 days for the actual number of days elapsed, meaning that interest or other charges accrued for each day will be computed by multiplying the rate applicable on that day by the unpaid principal balance (or other relevant sum) on that day and dividing the result by 360.
A Drawing means a drawing under the Letter of Credit to pay interest on the Bonds.
A Drawing means a drawing under the Letter of Credit made pursuant to Section 15(b) of the Seventh Supplement for the payment of the principal of the Bonds payable from the Letter of Credit at maturity or prior redemption upon acceleration pursuant to a certificate in the form of Annex A to the Letter of Credit.
A Drawing shall have the meaning provided in Section 1A.05(b).
A Drawing. For payment of principal of the Bonds due to prepayment, redemption, acceleration or maturity. The undersigned, a duly authorized officer of the Trustee named below (the "Trustee"), hereby certifies to Central Fidelity National Bank (the "Bank"), with reference to Irrevocable Letter of Credit No. SBO12845 (the "Letter of Credit") (any capitalized term used herein and not defined shall have its respective meaning as set forth in the Letter of Credit) issued by the Bank in favor of the Trustee, that:
A Drawing as specified in each Letter of Credit, a drawing with respect to the payment, on an Interest Payment Date, of unpaid interest on the related Bonds.