Notice of Drawing definition

Notice of Drawing means a notice signed by or on behalf of the Settlement Body demanding payment under a letter of credit;
Notice of Drawing means a notice in the form set out in the Appendix;
Notice of Drawing means a notice of drawing signed by or on behalf of The Company substantially in the form set out in Part 4 of this Appendix M;

Examples of Notice of Drawing in a sentence

  • The amount, interest rate, term and purpose of each individual Loan shall be determined according to the Notice of Drawing issued by Party B to Party A.

  • Guarantors shall make payment by wire or other electronic transfer as provided in the Notice of Drawing, on or before the time the Daily Payments are due under Section 6.5 - "Daily Deposits" of the COC.

  • Each Notice of Drawing shall be irrevocable and binding on the Canadian Borrower.

  • Upon payment of a draft under a Letter of Credit, the Funding Bank shall promptly give telephonic notice (to be followed by delivery by telecopy of a Notice of Drawing) to each Participating Bank of the date and amount of such payment.

  • Each Canadian Lender is hereby authorized (for the purpose of acceptance and purchase of Acceptances pursuant to this Agreement) to issue such Acceptances endorsed in blank in such face amounts as may be determined by such Canadian Lender; provided that the aggregate amount thereof is equal to the aggregate amount of Acceptances required to be accepted and purchased by such Canadian Lender in accordance with the applicable Notice of Drawing.


More Definitions of Notice of Drawing

Notice of Drawing has the meaning specified in Section 2.03(c).
Notice of Drawing shall have the meaning provided in Section 3.4(a).
Notice of Drawing means the Notice of Drawing from the Borrower to the Lender, substantially in the form of Exhibit B attached hereto and made a part hereof.
Notice of Drawing means a notice substantially in the form of Exhibit B hereto.
Notice of Drawing means a notice of drawing signed by or on behalf of
Notice of Drawing has the meaning specified in Section 2.18(a).
Notice of Drawing means a notice of drawing signed by or on behalf of NGC substantially in the form set out in Part 4 of this Appendix M;