E Drawing definition

E Drawing means any draw in the form of Annex E to the Letter of Credit made under the Letter of Credit to pay the total unpaid principal and interest on all of the Bonds outstanding at stated maturity, upon acceleration following an Event of Default or upon redemption as a whole.

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E Drawing as defined in Section 2.1(d) hereof.

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).

Examples of E Drawing in a sentence

• On or after the Tranche A Conversion Date, the amount of any Series 1991 E Drawing or Series 1991 F Drawing shall not be converted into any Tranche A Loan and Borrower shall reimburse the Issuing Bank as set forth in Section [3.2(d) (i)] hereof.

• North Weld shall be responsible for the early procurement of the materials necessary to construct the Harmony Interconnect as set forth in Exhibit E, Drawing C-401.

• On or after the Tranche B Conversion Date, the amount of any Series 1993 E Drawing or Series 1993 F Drawing shall not be converted into any Tranche B Loan and Borrower shall reimburse the Issuing Bank as set forth in Section [3.2(d) (i)] hereof.

• 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.

• SL SL SL SL SL SL SL FO FO E E Drawing scales indicated apply to 36" x 48" drawing sheets.

• Reductions in the Series 1993 Interest Component of the Series 1993 Amount resulting from a Series 1993 E Drawing shall not be reinstated.

• Borrower shall reimburse the Issuing Bank with respect to the Series 1993 E Drawing relating to the redemption of such Series 1993 Bonds by payment to Agent pursuant to Section [3.2 (d) (i)] hereof.

• Reductions in the Series 1991 Interest Component of the Series 1991 Amount resulting from a Series 1991 E Drawing shall not be reinstated.

• Where we have received a draft as described above, your remittance instructions and an Annex C Drawing or Annex E Drawing at or prior to 8:30 a.m., Local Time, on a Business Day, we will make payment by 11:30 a.m., Local Time, on the same Business Day.

• Borrower shall reimburse the Issuing Bank with respect to the Series 1991 E Drawing relating to the redemption of such Series 1991 Bonds by payment to Agent pursuant to Section [3.2(d) (i)] hereof.

More Definitions of E Drawing

E Drawing or an "F Drawing", as the case may be, as such terms are defined in the Letter of Credit.

E Drawing means a Principal Drawing on the Hanover House LC for the payment of amounts equal to principal with respect to a tender of the Bonds in connection with a Weekly or Monthly Interest Rate (as defined in the Indenture);

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.

E Drawing under the Letter of Credit as applicable, the obligation of the Bank to honor demands for payment under the Letter of Credit with respect to the payment of principal or the portion of the purchase price corresponding to principal of Bonds will be reinstated by an amount equal to the aggregate principal amount of such Bonds, provided that such reinstatement shall not cause the amount of the Letter of Credit Commitment to exceed the Stated Amount.