Bond Letters of Credit definition

Bond Letters of Credit has the meaning given to them in the Credit Agreement.
Bond Letters of Credit means the collective reference to the Iowa Bond Letter of Credit - NB and the Nevada Bond Letter of Credit - NB.
Bond Letters of Credit is defined in Section 1.2 hereof.

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.


More Definitions of Bond Letters of Credit

Bond Letters of Credit means those Letters of Credit which are issued in support of the obligations of an issuer of Bonds to timely pay the holders thereof principal, interest, premium (if any) and other amounts which may be due thereunder.
Bond Letters of Credit means the irrevocable transferable letters of credit issued by Hxxxxx X.X., as successor by merger with Hxxxxx Trust and Savings Bank, to secure the payment of the Bonds.
Bond Letters of Credit the collective reference to the 1990 Bond Letter of Credit and the 1991 Bond Letters of Credit; individually, a "Bond Letter of Credit".
Bond Letters of Credit means a Series 1991 Construction Loan and/or a Series 1993 Construction Loan, as applicable.
Bond Letters of Credit means any performance letter of credit in the form customarily used by the Issuing Bank at the time for transactions of the type involved issued by the Issuing Bank for the account of the Company that meets the requirements set forth in Section 2.01(II) hereof (including, without limitation, Section 2.01(II)(a) hereof).
Bond Letters of Credit has the meanings assigned to the term in the preamble hereto.
Bond Letters of Credit means (i) the letter of credit issued by BMO and outstanding under the Existing Credit Agreement supporting payment of up to $98,500,000 principal amount of Industrial Development Corporation of Port of Corpus Christi Revenue Refunding Bonds (Valero Refining and Marketing Company Project) and specified amounts of accrued interest thereon and (ii) the letter of credit issued by BMO and outstanding under the Existing Credit Agreement supporting payment of up to $25,000,000 principal amount of Gulf Coast Industrial Development Authority Waste Disposal Revenue Bonds (Valero Refining and Marketing Company Project) and specified amounts of accrued interest thereon. The amount available under each Bond Letter of Credit shall include, for all purposes of this Agreement, any amounts not currently available thereunder but subject to reinstatement in accordance with the terms thereof.