Certificate of Credit Demand definition

Certificate of Credit Demand means a certificate in the form of Annex A to the Series 1998-1 Letter of Credit.
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Certificate of Credit Demand means a certificate substantially in the form of Annex A to a Letter of Credit.
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Certificate of Credit Demand means a certificate in the form of Annex A to the Series 1997-2 Letter of Credit.
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Examples of Certificate of Credit Demand in a sentence

  • Subject to Section 3.8, on any Business Day that a Series 1997-2 Lease Payment Deficit exists, the Trustee shall, by 11:00 a.m. (New York City time) on the same Business Day, draw on the Series 1997-2 Letter of Credit by presenting a draft in the amount of such Series 1997-2 Lease Payment Deficit accompanied by a Certificate of Credit Demand in the form of Annex A to the Series 1997-2 Letter of Credit.

  • Very truly yours, [ ] By: Name: Title: By: Name: Title: ANNEX A CERTIFICATE OF CREDIT DEMAND [Issuing Bank’s Address] Attention: [ ] Certificate of Credit Demand under the Irrevocable Letter of Credit No. [ ] (the “Series 2010-1 Letter of Credit”), dated [ ] [ ], 20 , issued by [ ], as the Issuing Bank, in favor of the Trustee.

  • Very truly yours, [ ] By: Name: Title: By: Name: Title: ANNEX A CERTIFICATE OF CREDIT DEMAND [Issuing Bank’s Address] Attention: [Global Loan Operations, Standby Letter of Credit Unit] Certificate of Credit Demand under the Irrevocable Letter of Credit No. [ ] (the “Series 2009-1 Letter of Credit”), dated September [ ], 2009, issued by [ ], as the Issuing Bank, in favor of the Trustee.

  • Very truly yours, [ ] as Issuing Bank By: Name: Title: By: Name: Title: 176 ANNEX A CERTIFICATE OF CREDIT DEMAND [Issuing Bank’s name and address] Attention: [●] Certificate of Credit Demand under the Irrevocable Letter of Credit No. [●] (the “Letter of Credit”), dated [●], issued by [●], as the Issuing Bank, in favor of International Fleet Financing No.2 B.V. (the “Issuer”) and BNP Paribas Trust Corporation UK Limited (the “Issuer Security Trustee”) as trustee on behalf of the Issuer.

  • So long as the Letter of Credit shall not have been terminated, on any Business Day that a Series 1997-2 Lease Payment Deficit exists, the Trustee shall, by 12:00 noon (New 41 45 York City time) on the relevant Distribution Date, draw on the Letter of Credit by presenting a draft in the amount equal to the lesser of the Series 1997-2 Lease Payment Deficit and the Letter of Credit Amount on such Business Day accompanied by a Certificate of Credit Demand in the form of Annex A to the Letter of Credit.


More Definitions of Certificate of Credit Demand

Certificate of Credit Demand means a certificate in such form as may be specified in the Series 2010-3 Letter of Credit pursuant to which a credit demand is made under such Series 2010-3 Letter of Credit.
Sample 1
Certificate of Credit Demand means a certificate substantially in the form of Annex A to a Letter of Credit. “Certificate of Termination Demand” means a certificate substantially in the form of Annex B to a Letter of Credit. “Change in Law” means (a) any law, rule, regulation or treaty or any change therein or in the interpretation or application thereof (whether or not having the force of law), in each case, adopted, issued, occurring, or taking effect after the Closing Date or (b) any request, guideline or directive (whether or not having the force of law) from any government or political subdivision or agency, authority, bureau, central bank, commission, department or instrumentality thereof, or any court, tribunal, grand jury or arbitrator, or any accounting board or authority (whether or not part of government) that is responsible for the establishment or interpretation of national or international accounting principles, in each case, whether foreign or domestic (each an “Official Body” ) charged with the administration, interpretation or application thereof, or the compliance with any request or directive of any Official Body (whether or not having the force of law) made, issued, occurring, or taking effect after the Closing Date; provided that, notwithstanding anything in the foregoing to the contrary, (x) the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and all requests, rules, regulations, guidelines, interpretations or directives thereunder or issued in connection therewith and (y) all requests, rules, regulations, guidelines, interpretations or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or any other United States or foreign regulatory authorities, in each case, pursuant to Basel III, shall, in each case, be deemed to be a “Change in Law”, regardless of the date enacted, adopted, issued or implemented. “Change of Control” means:
Sample 1

Related to Certificate of Credit Demand

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Letter of Credit Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the applicable L/C Issuer.

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Term Loans or Revolving Credit Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.