Deemed Tendered definition

Deemed Tendered means, with respect to any Note, a Note deemed tendered in accordance with the provisions of the Supplemental Indenture providing for the issuance thereof.
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Deemed Tendered means Specified Crude Oil that Shipper proposes to tender at the Point of Origin but which Carrier is unable to transport over the Cushing to Bxxxx Pipeline system for any reason other than Force Majeure or the fault of Shipper.
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Examples of Deemed Tendered in a sentence

  • All Notes issued upon any transfer or exchange of Notes, including Notes issued in lieu of Notes Deemed Tendered, whether or not surrendered, shall be the valid obligations of the Corporation evidencing the same debt, and entitled to the same security and benefits under this Indenture, as the Notes surrendered upon such transfer or exchange or in lieu of which such Notes were issued.

  • Carrier shall provide Shipper with a monthly invoice on or about the fifteenth day of the month for transportation services rendered in the immediately prior month, setting forth the number of barrels Tendered (including barrels Deemed Tendered), the amount of any Volume Deficiency payment due and the calculation thereof, and the amount of any true-up for losses for the month pursuant to Section 2.5. Shipper shall render payment no later that 15 days after receipt.

  • The Borrower may furnish moneys to the Trustee accompanied by a notice directing such moneys to be applied to the purchase of Bonds of any series pursuant to Section 4.1 and Section 4.2 of the Indenture; however, moneys for the payment of the purchase price of such Bonds Tendered or Deemed Tendered for Purchase shall be derived solely from the sources, and in order of priority, described in Section 4.4 of the Indenture.

  • Any Bond or Bonds executed and authenticated in lieu of a Bond Tendered or Deemed Tendered for Purchase shall be delivered to the person to whom such Bond or Bonds would have been delivered as set forth in Section 4.5 hereof, and the Trustee shall register such Bond or Bonds as provided in Section 4.5 hereof.

  • Bonds Deemed Tendered for Purchase .......................................................

  • If a Bond Purchase Principal Drawing under the Letter of Credit is honored by the Bank, the Borrower agrees that the Pledged Bonds Custodian shall receive and hold the Bonds Tendered or Deemed Tendered for Purchase for the benefit of the Bank in accordance with the Pledged Bonds Custody Agreement.

  • The Borrower hereby authorizes and directs the Trustee to draw moneys under the Credit Facility, in accordance with its terms and the terms of the Indenture, to the extent necessary to pay the principal of and interest on the Bonds when due and to pay the purchase price of Bonds Tendered or Deemed Tendered for Purchase.

  • The Borrower shall deliver or cause to be delivered to the Pledged Bonds Custodian or to any other designated agent of the Bank all Bonds Tendered or Deemed Tendered for Purchase with respect to which a Bond Purchase Principal Drawing under the Letter of Credit is honored by the Bank.

  • In no event will the Remarketing Agent remarket any Bonds Tendered or Deemed Tendered for Purchase on any Tender Date at a price less than 100% of the principal amount thereof, plus accrued interest (if any) thereon to the applicable Tender Date.

  • Accrued interest payable on any Bond Tendered or Deemed Tendered for Purchase on any Interest Payment Date as provided in subsection (a) of this Section shall be paid to the Owner as of the Record Date immediately preceding such Interest Payment Date in the same manner as if such Bond had not been purchased or deemed to have been purchased pursuant to subsection (a) of this Section.

Related to Deemed Tendered

  • U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.

  • Legal tender means a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.

  • Notice of Tender means, in connection with an Optional Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement as Exhibit A, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to tender VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of the Statement.

  • Optional Tender means any tender of VRDP Shares by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, other than a Mandatory Tender, for Remarketing or, in the event (i) no Remarketing occurs on or before the Purchase Date, or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider pursuant to Section 2 of Part II of the Articles Supplementary and this Agreement.

  • Mandatory Tender with respect to a Mandatory Tender Event, means the mandatory tender of all VRDP Shares by Holders for Remarketing, or, in the event (i) no Remarketing occurs on or before the Purchase Date or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided, that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider at the Purchase Price pursuant to Section 2 of Part II of the Articles Supplementary and the VRDP Shares Purchase Agreement.

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Unvested Non-Exempt Award means the portion of any Non-Exempt Award that had not vested in accordance with its terms upon or prior to the date of any Corporate Transaction.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Vested Non-Exempt Award means the portion of any Non-Exempt Award that had vested in accordance with its terms upon or prior to the date of a Corporate Transaction.

  • Net Proceeds Offer Amount has the meaning set forth in Section 4.16.

  • Non-Paying Party is the Party that has not made payment by the Xxxx Due Date of all amounts within the xxxx rendered by the Billing Party.