Examples of Bond Letters of Credit in a sentence
All legal documents incident to each advance under the Loans and each of the Letters of Credit and Bond Letters of Credit shall be reasonably satisfactory to the Agent.
Each Lender hereby irrevocably authorizes the Agent to issue Letters of Credit and the Bond Letters of Credit in accordance with the provisions of this Agreement.
Upon satisfaction of all conditions precedent set forth in Section 3.01 and in clauses (i) and (ii) of Section 3.02, all such Existing Bond Letters of Credit shall be deemed to be “Bond Letters of Credit” and “Letters of Credit” issued by the respective LC Issuing Banks as shown on Schedule III pursuant to this Section 2.04 on the date of this Agreement for all purposes of this Agreement and the other Loan Documents.
From and after the Closing, as promptly as practicable following notice to Purchaser (and in any event within two (2) Business Days of any such notice), Purchaser shall execute and deliver to Seller additional Backup Bond Letters of Credit or amendments to the Backup General Letter of Credit, as applicable, with respect to any Letters of Credit issued between the close of business on the second (2nd) Business Day prior to the Closing Date and the Closing.
N/A C NC Following rectification: N/A C NC Evidence is available to demonstrate that the RTO: collects data about clients services from relevant stakeholders analyses the data implements changes to client services as required, based on the analysis of data regularly monitors and reviews improvements.