Letter of Credit Date definition

Letter of Credit Date. As defined in Section 21.2.
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Letter of Credit Date means the date of the issuance of any Letter of Credit.
Sample 1Sample 2Sample 3
Letter of Credit Date. Attention: Letter of Credit Department Ladies and Gentlemen: We refer to your above-mentioned Irrevocable, Unconditional and Clean Standby Letter of Credit (the “Letter of Credit”). The undersigned, an authorized signer of [the SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY][the POWER AND WATER RESOURCE POOLING AUTHORITY][the CITY OF LODI][the CITY OF CORONA][the CITY OF XXXXXX VALLEY][the CITY OF RANCHO CUCAMONGA], hereby surrenders this Letter of Credit to you for cancellation as of the date set forth above. No payment is demanded of you under this Letter of Credit in connection with this surrender. Very truly yours, [__________________________] By Title Appendix F-1 #4823-2509-6471v19 APPENDIX F TO POWER PURCHASE AGREEMENT, DATED AS OF ______________, 2014 BETWEEN BUYERS AND RE ASTORIA 2 LLC INSURANCE
Sample 1

Examples of Letter of Credit Date in a sentence

  • Dated: Yours faithfully, (name of issuing bank) By Title ACCEPTED [ ] By Title Date EXHIBIT IV SURRENDER Re: Your Irrevocable, Unconditional and Clean Standby Letter of Credit No. Dated , 20 [Insert Bank Address] Notice of Surrender of Letter of Credit Date: Attention: Letter of Credit Department Ladies and Gentlemen: We refer to your above-mentioned Irrevocable, Unconditional and Clean Standby Letter of Credit (the “Letter of Credit”).

  • THE CITY OF SPRUCE GROVE PER: PER: “DEVELOPMENT COMPANY NAME” PER: PER: SCHEDULE I - SITE PLAN SCHEDULE II - WATER, SANITARY SEWER, STORM SEWER AND ROADS SCHEDULE III - LANDSCAPING AND FENCING SCHEDULE IV - OFFSITE LEVIES AND DEVELOPER CONTRIBUTIONS SCHEDULE V - DEVELOPMENT SECURITY Form of Irrevocable Letter of Credit {Date} City of Spruce Grove (Address) Attention: Dear Sirs: RE: STANDBY LETTER OF CREDIT NO.

  • In addition, if Lessee fails to obtain a satisfactory letter of credit prior to the applicable Letter of Credit Date, Lessor may draw upon the full amount of the then existing letter of credit without giving any notice or time to cure to Lessee.

  • PER: SCHEDULE I LEGAL SCHEDULE II a RIGHT IN RIGHT OUT SCHEDULE II b LEFT TURN IN SCHEDULE II c MAIN TRI LEISURE ROAD SCHEDULE II d OFFSITE SANITARY SCHEDULE III a LANDSCAPING SCHEDULE III b OFFSITE LANDSCAPING SCHEDULE IV OFFSITE LEVIES SCHEDULE V Municipal Development Standards SCHEDULE VI Form of Irrevocable Letter of Credit {Date} City of Spruce Grove (Address) Attention: Dear Sirs: RE: STANDBY LETTER OF CREDIT NO.


More Definitions of Letter of Credit Date

Letter of Credit Date is defined in Section 5.2.
Sample 1
Letter of Credit Date. As defined in Article XLIII.
Sample 1

Related to Letter of Credit Date

  • Letter of Credit Disbursement means a payment made by Issuing Lender or Underlying Issuer pursuant to a Letter of Credit.

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.

  • Letter of Credit Subfacility means, at any time, an amount equal to the lesser of (a) the aggregate amount of the L/C Issuers’ Letter of Credit Sublimits at such time and (b) the Revolving Credit Facility at such time. The Letter of Credit Subfacility is part of, and not in addition to, the Revolving Credit Facility. On the Closing Date, the amount of the Letter of Credit Subfacility is $60,000,000.

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Letter of Credit Limit means $5,000,000.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Canadian Letter of Credit means a Letter of Credit that is issued pursuant to this Agreement for the account of the Canadian Borrower.

  • Letter of Credit Default means with respect to a Letter of Credit, the occurrence of any of the following events:

  • Letter of Credit Commitment means, with respect to the Issuer, the Issuer's obligation to issue Letters of Credit pursuant to Section 2.1.3 and, with respect to each of the other Lenders that has a Revolving Loan Commitment, the obligation of each such Lender to participate in such Letters of Credit pursuant to Section 2.6.1.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • Letter of Credit Maximum Amount means $5,000,000; provided that, on and after the Maturity Date, the Letter of Credit Maximum Amount shall be zero.

  • Letter of Credit Payment means any amount paid or required to be paid by the Issuing Lender in its capacity hereunder as issuer of a Letter of Credit as a result of a draft or other demand for payment under any Letter of Credit.

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Unused Letter of Credit Subfacility means an amount equal to the Letter of Credit Subfacility minus the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit plus, without duplication, (b) the aggregate Unpaid Drawings obligations with respect to a Letters of Credit.

  • U.S. Letter of Credit means any letters of credit issued or to be issued by the U.S. Issuing Bank under the U.S. Subfacility for the account of the U.S. Borrowers pursuant to Section 2.13.

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

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.

  • Letter of Credit Agreements means all letter of credit applications and other agreements (including any amendments, modifications or supplements thereto) submitted by the Borrower, or entered into by the Borrower, with the Issuing Bank relating to any Letter of Credit.

  • Letter of Credit Liability means the sum of (x) aggregate amount of the undrawn stated amount of all outstanding Letters of Credit plus (y) the amount drawn under Letters of Credit for which the Letter of Credit Issuer and the Lenders, or any one or more of them, have not yet received payment or reimbursement (in the form of a conversion of such liability to Loans, or otherwise) as required pursuant to Section 2.8.