D Drawing definition

D Drawing means any draw in the form of Annex D to the Letter of Credit made under the Letter of Credit to pay the unpaid interest on those Bonds which the Remarketing Agent has been unable to remarket within the time limits established in the Indenture.
D 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 amount of accrued and unpaid interest to the date of purchase 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 D to the Letter of Credit.
D Drawing as specified in the Letter of Credit, a drawing with respect to the payment (whether at maturity, upon acceleration following an event of default, or upon redemption, of the Bonds as a whole), of the total unpaid principal of, and unpaid interest on, all of the Bonds.

Examples of D Drawing in a sentence

  • The complete Contract includes this Contract; the Request for Quotations as completed and submitted by the Contractor, and Exhibit A (Prevailing Wage Rates), Exhibit B (Contractor Safety Plan), Exhibit C (Drawing E4-4), Exhibit D (Drawing E4-1), Exhibit E (Drawing E4-2), Exhibit F (Drawing E6-2), Exhibit G (Conduit Trenching Detail), Exhibit H (Airport Substation- Construction Specifications) attached thereto; and all modifications incorporated in these documents before their execution.

  • Other notices to Customer will be addressed to the account contact designated by Customer.


More Definitions of D Drawing

D Drawing shall have the meaning ascribed to such terms in the Letter of Credit.
D Drawing means a drawing under the Letter of Credit by a certificate in the form of Exhibit D thereto to pay a portion of purchase price corresponding to accrued interest on Bonds delivered for purchase pursuant to the Indenture.
D Drawing. E Drawing", or "F Drawing", each as hereinafter defined, to pay the purchase price of Bonds tendered to the Remarketing Agent, the New York Paying Agent, or the Trustee, plus (ii) interest on such amounts from the date of the related drawing to the date of payment of the amount of such drawing at an interest rate per annum equal to the Prime Rate for the first ninety (90) days and the Prime Rate plus one half of one percent (1/2%) thereafter; provided that if any such amount is not paid when due, it shall thereafter bear interest at the Prime Rate plus three percent (3%) per annum.
D Drawing means any drawing under the Letter of Credit with respect to payment of the portion of the purchase price corresponding to interest on any Bonds referred to in the immediately preceding clause (iii), (v) "E Drawing" means any drawing under the Letter of Credit with respect to payment of the portion of the purchase price corresponding to principal on any Pledged Bonds delivered to the Trustee or the New York Paying Agent pursuant to Section 1.01(f)(ii) of the Indenture, and (vi) "F Drawing" means any drawing under the Letter of Credit with respect to payment of the portion of purchase price corresponding to interest on any Bonds referred to in the immediately preceding clause (v).
D Drawing or "F Drawing" on the Letter of Credit, the obligation of the Bank to honor demands for payment under the Letter of Credit for interest, or portion of purchase price corresponding to interest, on the Bonds will be immediately reinstated to an amount equal to
D Drawing. E Drawing" or an "F Drawing", as the case may be, as such terms are defined in the Letter of Credit.