Dollar Letter of Credit means a Letter of Credit denominated in Dollars.
Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;
Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.
Facility Agent has the meaning set forth in the Preamble.
authorised official means a person authorised to implement the provisions of this By-law, including but not limited to–
Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.
Drawing Document means any Letter of Credit or other document presented for purposes of drawing under any Letter of Credit.
Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.
Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.
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.
Irrevocable letter of credit means an irrevocable letter on the financial institution’s standard form containing a request that the party to whom it is addressed pay the bearer or a person named therein money as a result of failure to perform or fulfill all the covenants, undertakings, terms, conditions and agreements contained in a contract.
Canadian Letter of Credit means a Letter of Credit that is issued pursuant to this Agreement for the account of the Canadian Borrower.
Facility Letter of Credit means a Letter of Credit issued by an Issuer pursuant to Section 2.15.
Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.
Supporting Letter of Credit has the meaning specified in Section 1.3(g).
Letter of Credit Documents means, with respect to any Letter of Credit, collectively, any application therefor and any other agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (a) the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit or (b) any collateral security for any of such obligations, each as the same may be modified and supplemented and in effect from time to time.
Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the Borrowers' obligations to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.
Australian Dollar means the lawful currency of Australia.
QFC Credit Support has the meaning specified in Section 11.21.
Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.
Evergreen Letter of Credit has the meaning set forth in Section 2.01.
Facility LC Application is defined in Section 2.19.3.
Trade Letter of Credit means any Letter of Credit that is issued under the Letter of Credit Facility for the benefit of a supplier of inventory to the Borrower or any of its Subsidiaries to effect payment for such Inventory.
Issuing Bank Agreement means an agreement in the form of Exhibit C, or in any other form reasonably satisfactory to the Administrative Agent, pursuant to which a Lender agrees to act as an Issuing Bank.
Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).
Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.