Financial Instrument Demand for Payment definition

Financial Instrument Demand for Payment means a demand made by a Lender or its Hedging Affiliate pursuant to a Lender Financial Instrument demanding payment of the Financial Instrument Obligations which are then due and payable relating thereto and shall include any notice under any agreement evidencing a Lender Financial Instrument which, when delivered, would require an early termination thereof and a payment by the Canadian Borrower or a Subsidiary thereof in settlement of obligations thereunder as a result of such early termination.
Financial Instrument Demand for Payment means a demand made by a Hedge Bank pursuant to a Secured Hedge Agreement demanding payment of the Financial Instrument Obligations which are then due and payable relating thereto and shall include, without limitation, any notice under any agreement evidencing a Secured Hedge Agreement which, when delivered, would require an early termination thereof and a payment by the Borrower or a Subsidiary in settlement of obligations thereunder as a result of such early termination.

Related to Financial Instrument Demand for Payment

  • Financial Instrument Obligations means obligations arising under:

  • Financial Instrument means those instruments specified in Section C of Annex I;

  • Draft means a draft as defined in section 3104 or an item, other than an instrument, that is an order.

  • Letter of Credit means any letter of credit issued pursuant to this Agreement.

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Reporting Financial Institution means any Member State Financial Institution or San Marino Financial Institution, as the context requires, that is not a Non-Reporting Financial Institution.