Examples of Letter of Credit Unreimbursed Draw in a sentence
If, at any time, after an Issuing Bank has made a Letter of Credit Unreimbursed Draw and has received from any Lender such Lender's share of such Letter of Credit Unreimbursed Draw, such Issuing Bank receives any payment or makes any application of funds on account of the Letter of Credit Reimbursement Obligation arising from such Letter of Credit Unreimbursed Draw, such Issuing Bank will pay to the Agent, for the account of such Lender, such Lender's Pro Rata share of such payment or application.
The Borrower hereby agrees to reimburse the Issuing Bank, by making payment to the Agent for the account of the Issuing Bank in accordance with Section 3.15(b) hereof, in the amount of each Letter of Credit Unreimbursed Draw, on October 16, 2000 (the "Reimbursement Target Date") and thereafter ON DEMAND.
Subject to the provisions of this Agreement, for the period before the Reimbursement Target Date, each Letter of Credit Unreimbursed Draw shall bear interest for each day until due at the Base Rate Option, unless and until converted to the Euro-Rate Option in accordance with the provisions of this Agreement.
If, at any time, after there occurs a Letter of Credit Unreimbursed Draw and the Issuing Bank has received from any Bank such Bank's share of such Letter of Credit Unreimbursed Draw, and the Issuing Bank receives any payment or makes any application of funds on account of the Letter of Credit Reimbursement Obligation arising from such Letter of Credit Unreimbursed Draw, the Issuing Bank will pay to the Administrative Agent, for the account of such Bank, such Bank's Pro Rata share of such payment.
If, at any time, after an Issuing ----------------------------- Bank has made an Unreimbursed Draw and has received from the Agent on account of any Lender such Lender's share of such Letter of Credit Unreimbursed Draw, and such Issuing Bank receives any payment or makes any application of funds on account of the Reimbursement Obligation arising from such Unreimbursed Draw, such Issuing Bank will pay to the Agent, for the account of such Lender, such Xxxxxx's Pro Rata share of such payment.
In fact, Trump never really understood the point of having nuclear weapons but not being able to use them.22 He directly started the work on the making of a new Nuclear Posture Review published in 2018 One of the several evidence of Trump administration non-interest for the CTBT was the U.S. delegation silence at the UN Conference on Facilitating the Entry Into Force of the Comprehensive Test Ban Treaty held in September 20, 201723.
Reduce any Letter of Credit Unreimbursed Draw, or extend the time for repayment by the Borrower of any Letter of Credit Unreimbursed Draw, without the written consent of each Lender; and provided further, that Transfer Supplements may be entered into in the manner provided in Section 10.14 hereof.
If, at any time, after the Issuing Bank has made a Letter of Credit Unreimbursed Draw and has received from any Lender such Lender's share of such Letter of Credit Unreimbursed Draw, the Issuing Bank receives any payment or makes any application of funds on account of the Letter of Credit Reimbursement Obligation arising from such Letter of Credit -3- 262 Unreimbursed Draw, the Issuing Bank will pay to the Agent, for the account of such Lender, such Lender's Pro Rata share of such payment or application.
If, at any time, after there occurs a Letter of Credit Unreimbursed Draw and the Issuing Bank has received from any Bank such Bank's share of such Letter of Credit Unreimbursed Draw, and the Issuing Bank receives any payment or makes any application of funds on account of the Letter of Credit Reimbursement Obligation arising from such Letter of Credit Unreimbursed Draw, the Issuing Bank will pay to the Agent, for the account of such Bank , such Bank's Pro Rata share of such payment.
If, at any time, after there occurs a Letter ---------------------- of Credit Unreimbursed Draw and the Issuing Bank has received from any Bank such Bank's share of such Letter of Credit Unreimbursed Draw, and the Issuing Bank receives any payment or makes any application of funds on account of the Letter of Credit Reimbursement Obligation arising from such Letter of Credit Unreimbursed Draw, the Issuing Bank will pay to the Agent, for the account of such Bank , such Bank's Pro Rata share of such payment.