Drawing Certificate definition

Drawing Certificate means a certificate of the Tranche A-5 Term Loan Lender certifying that (i) an amount equal to the proposed Tranche A-5 Term Loan Borrowing has been drawn under the [***] Letter of Credit and (ii) the Borrower has reimbursement obligations due to the Tranche A-5 Term Loan Lender in such amount.

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Drawing Certificate means any certificate or other document presented in connection with a drawing under a Letter of Credit.

Drawing Certificate means, a certificate of a duly authorized officer of one of the Servicers that:

Examples of Drawing Certificate in a sentence

• The original of this Letter of Credit (and all amendments, if any) is not required to be presented in connection with any presentment of a Drawing Certificate by Beneficiary hereunder in order to receive payment.

• All payments made under this Letter of Credit shall be made with Issuer’s own immediately available funds by means of wire transfer in immediately available United States dollars to Beneficiary’s account as indicated by Beneficiary in its Drawing Certificate or in a communication accompanying its Drawing Certificate.

• The Administrative Agent shall not be responsible for or have any duty to request any [***] Drawing Certificate or ascertain or inquire into any [***] Drawing Certificate or the contents of any [***] Drawing Certificate.

• Issuer undertakes to make payment to Beneficiary under this Standby Letter of Credit within three (3) business days of receipt by Issuer of a properly presented Drawing Certificate.

• The Drawing Certificate may be presented by (a) physical delivery, (b) as a PDF attachment to an e-mail to [bank email address] or (c) facsimile to [bank fax number [XXX-XXX-XXXX]] confirmed by [e-mail to [bank email address]].

More Definitions of Drawing Certificate

Drawing Certificate. The undersigned, duly Authorized Officer of the ▇▇▇▇▇ County Airport Authority ("Airport Authority"), hereby certifies to [Issuer] (the "Bank"), with reference to Bank’s Irrevocable Letter of Credit No. (the "Letter of Credit") (any capitalized term used herein without definition shall have the meaning specified in the Letter of Credit), that the Airport Authority is making a drawing under the Letter of Credit in the amount of $ , which represents amounts required by to be maintained under Section of the Agreement, which is in effect as of the date hereof, and the Letter of Credit is scheduled to expire within sixty (60) days from the date of delivery of this certificate and the Airport Authority has received notice from the Bank that it intends not to extend the Letter of Credit and no substitute security satisfactory to the Airport Authority has been delivered to the Airport Authority as of the date hereof. As of the date hereof, the aggregate amount drawn under such Letter of Credit plus the amount requested in this Drawing Certificate does not exceed Dollars ($ ).

Drawing Certificate. A completed drawing certificate substantially in the form attached to the Letter(s) of Credit delivered on the Closing Date.

Drawing Certificate. Dear Sirs: The undersigned, duly Authorized Officer of the ▇▇▇▇▇ County Airport Authority ("Airport Authority"), hereby certifies to [Issuer] with reference to [Issuer] Irrevocable Letter of Credit No. (the "Letter of Credit") (any capitalized term used herein without definition has the meaning specified in the Letter of Credit) that:

Drawing Certificate. Dear Sir or Madam: The undersigned, duly Authorized Officer of the ▇▇▇▇▇ County Airport Authority ("Airport Authority"), hereby certifies to [Issuer] with reference to [Issuer] Irrevocable Letter of Credit No.

Drawing Certificate means a Drawing Certificate described in Section 3.3 of the Disbursement Agreement in substantially the form of Exhibit A to the Disbursement Agreement.

Drawing Certificate has the meaning specified in the Letter of Credit.

Drawing Certificate means a certificate in the form of Exhibit 3, 4 or 5 to the Letter of Credit.