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C Drawing definition

C Drawing means any draw in the form of Annex C to the Letter of Credit made under the Letter of Credit to pay the principal amount of those Bonds which the Remarketing Agent has been unable to remarket within the time limits established in the Indenture.
C DrawingD Drawing", "E Drawing" or an "F Drawing", as the case may be, as such terms are defined in the Letter of Credit.

Examples of C Drawing in a sentence

  • Such interest shall be payable in arrears on the first day of each month following such C Drawing and on the date that such C Drawing is reimbursed in full to the Bank.

  • See ASME Y14.100 Non-Mandatory Appendix C Drawing Titles for further references.

  • Such interest shall be payable in arrears on the first day of each month following such C Drawing and on the date that such C Drawing is reimbursed in full to Bank.

  • In addition, Borrower shall pay to Bank interest on the unreimbursed amount of each C Drawing at a variable per annum rate equal to the Base Rate per annum plus 2.75% from the date such C Drawing is paid by Bank until the amount of such C Drawing is reimbursed in full to Bank.

  • Wet crossing – general techniques1) Wet crossings may be specified on larger watercourses (Appendix C, Drawing No. 15) where high stream flows, watercourse configuration or technical factors (e.g. substrate composition) prohibits the use of dry crossing methods or trenchless crossing techniques.


More Definitions of C Drawing

C Drawing means any drawing under the Letter of Credit made pursuant to Section 31 of the Seventh Supplement for the payment of the portion of the Purchase Price equal to the principal amount of Bonds (other than any Bank Bonds and Bonds owned by or on behalf of the Issuer) tendered pursuant to Section 6 of the Seventh Supplement upon presentation of a certificate in the form of Annex C to the Letter of Credit.
C Drawing shall have the meaning given to such term in the --------- Letter of Credit.
C Drawing shall have the meaning ascribed to such terms in the Letter of Credit.
C Drawing as specified in the Letter of Credit, a drawing with respect to the payment of the principal amount of, and interest due on, the Bonds which the Remarketing Agent has been unable to remarket within the time limits established in the related Indenture.
C Drawing means any drawing under the Letter of Credit with respect to the portion of the purchase price which corresponds to the interest amount of the Bonds delivered or deemed delivered to the Fiscal Agent pursuant to Sections 1.7 and 1.8 of Exhibit A to the Bond Authorization, equal to the amount of accrued and unpaid interest on such Bonds to the date of such purchase, or the payment of interest on the Bonds, due and payable on an Interest Payment Date, pursuant to a certificate in the form of Certificate C to the Letter of Credit.
C Drawing means a drawing made by sight draft accompanied by a certificate in the form of Exhibit C to Annex 1 hereto to pay the portion of the redemption price of Project Bonds corresponding to the principal amount of such Project Bonds redeemed by the Issuer pursuant to the Indenture and delivered to the Trustee for cancellation, or to pay the principal portion of the Project Bonds at their stated maturities or upon acceleration of payments due on such Project Bonds pursuant to the Indenture.
C Drawing means a draw made by you under this Letter of Credit with respect to (i) the payment of interest on the Bonds, or (ii) the payment of that portion of the Purchase Price which corresponds to the interest amount due on Bonds delivered or deemed delivered to the Trustee pursuant to Sections 301(d)(iii) or 301(d)(iv) of the Indenture.