Acceptance Drafts definition

Acceptance Drafts shall have the meaning set forth in Section 2.21 ----------------- hereof.
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Acceptance Drafts shall have the meanings set forth in Section 3.07(a) hereof.
Sample 1

Examples of Acceptance Drafts in a sentence

  • Secured Claims are secured primarily by the liens on Debtor's Trade Acceptance Drafts receivable.

  • PRESS RELEASE DATED JUNE 10, 2003 ANNOUNCES ADDITIONAL DEVELOPMENTS The Company on June 10, 2003 announced that, effective immediately, the Company and all of its subsidiaries will cease writing any new business and will not issue new Trade Acceptance Drafts.

  • PRESS RELEASE DATED JUNE 10, 2003 ANNOUNCES ADDITIONAL DEVELOPMENTS AFTL announced on June 10, 2003 that, effective immediately, AFTL and all of its subsidiaries will cease writing any new business and will not issue new Trade Acceptance Drafts.

  • Acceptance Drafts shall be utilized to finance the importation, exportation or domestic shipment of goods.

  • PRESS RELEASE DATED JUNE 10, 2003 ANNOUNCES ADDITIONAL DEVELOPMENTS Actrade Financial Technologies, LTD on June 10, 2003 announced that , effective immediately, Actrade and all of its subsidiaries will cease writing any new business and will not issue new Trade Acceptance Drafts.

  • Upon request, the Borrower shall furnish a further supply of such Acceptance Drafts to the Agent.

  • Any payment made by a Revolving Lender pursuant to this paragraph shall not constitute a Loan and shall not relieve the Borrower of its obligations in respect of the applicable Acceptance Drafts.

  • Commercial Acceptance Drafts (CAD) is a kind of commercial draft that is issued by drawer such as enterprise, and it delegates a payer such as bank to settle the payment unconditionally on the due date.

  • Prior to the first presentation of drafts for acceptance hereunder the Borrower shall provide the Agent with a supply of Acceptance Drafts, in the form of Exhibit D each signed and endorsed, where appropriate, by a duly authorized officer of the Borrower.

  • PRESS RELEASE DATED JUNE 10, 2003 ANNOUNCES ADDITIONAL DEVELOPMENTS Actrade Financial Technologies, LTD ("Actrade" or the "Company") announced on June 10, 2003 that, effective immediately, Actrade and all of its subsidiaries will cease writing any new business and will not issue new Trade Acceptance Drafts.

Related to Acceptance Drafts

  • Acceptance Day shall have the meaning specified in paragraph 2B(5).

  • Letter of Acceptance of Tender means letter giving intimation to the tenderer that his tender has been accepted in accordance with the provisions contained in that letter.

  • Order Acceptance has the meaning given in clause 1.2.

  • Acceptance Window shall have the meaning specified in paragraph 2B(5).

  • Letter of Acceptance (LOA) means the written notice issued by JMRC to the selected bidder(s) intimating the acceptance of selected bidder's Proposal for the award of License;

  • Acceptance of Bid means the letter/fax or any memorandum communicating to the Bidder the acceptance of its Bid and includes an advance acceptance of his Bid.

  • Acceptance Letter means the letter from Adviser to BD pursuant to which the Adviser appoints BD as a Broker Dealer for each series of MuniPreferred issued by any Fund that has executed a Request Letter.

  • XXXX Acceptance Form means the “Acceptance Form for End User License Agreement (for SAP On Premise indirect sales)” which will be provided by SAP on a deal by deal basis.

  • Acceptance Form means the form provided by the School for parents to complete when accepting a place for their child at the School;

  • Acceptance of Tender means the letter or memorandum communicating to the supplier the acceptance of his offer (Tender) and shall include advance acceptance of his offer i.e. Letter of Intent or Rate Contract.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Acceptance Fee means a fee payable in Canadian Dollars by the Canadian Borrower to the Administrative Agent for the account of a Canadian Lender with respect to the acceptance of a B/A or the making of a B/A Equivalent Loan on the date of such acceptance or loan, calculated on the face amount of the B/A or the B/A Equivalent Loan at the rate per annum applicable on such date as set forth in the row labeled “Fixed Rate Spread” in the definition of the term “Applicable Percentage” on the basis of the number of days in the applicable Contract Period (including the date of acceptance and excluding the date of maturity) and a year of 365 days (it being agreed that the rate per annum applicable to any B/A Equivalent Loan is equivalent to the rate per annum otherwise applicable to the Bankers’ Acceptance which has been replaced by the making of such B/A Equivalent Loan pursuant to Section 2.24).

  • Confirmation of Acceptance shall have the meaning specified in paragraph 2B(5).

  • Fax of Acceptance means intimation regarding notification of award by the Employer to the successful Bidder/Service Provider through a Fax/ Letter conveying that the Tender/Bid/Offer has been accepted in accordance with the provisions contained therein.

  • Acceptance period, as used in this provision, means the number of calendar days available to the PHA/IHA for awarding a contract from the date specified in this solicitation for receipt of bids.

  • Notice of Acceptance means the written notification and any accompanying documentation sent to the Consultant by the Principal advising acceptance of its Tender to provide the Services under the Contract.

  • Bankers’ Acceptance means a time draft or xxxx of exchange or other deferred payment obligation relating to a Commercial Letter of Credit which has been accepted by the L/C Issuer.

  • Acceptance Condition means the condition with respect to the number of acceptances to the Offer which must be secured in order for the Offer to become or be declared unconditional.

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Acceptance Test is a test of the Features executed by the Customer to prepare the acceptance.

  • Shop Drawing means any and all drawings, diagrams, layouts, explanations, illustrations, manufacturer's drawings or other written or graphic materials which illustrate any portion of the construction work.

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.

  • Alternative Bid means a response to a bid that does not meet the exact requirements of the specification but offers an alternative for consideration. An alternative bid is submitted with an intentional variation to a provision, specification, term or condition of the solicitation. This alternative, in the opinion of the bidder, achieves the same end result. Alternative bids may be rejected as non-responsive.

  • Non-Acceptance of Proposal means another proposal was deemed more advantageous to the University or that all proposals were rejected.