Purchase Drawing definition

Purchase Drawing means a Drawing under the Letter of Credit to pay the purchase price of the Bonds following the failure to remarket any Bonds as set forth in Section 3.02 of the Indenture.
Sample 1Sample 2
Purchase Drawing. Principal Drawing," and "Interest Drawing."
Sample 1Sample 2Sample 3
Purchase Drawing has the meaning assigned to such term in the Letter of Credit.
Sample 1Sample 2

Examples of Purchase Drawing in a sentence

  • Unless otherwise directed by Required Lenders, the applicable L/C Issuer shall then deliver notice to the applicable Trustee prior to the fifth Business Day after any such Bond Purchase Drawing that the amount of such drawing will not be reinstated.

  • If a Purchase Drawing is made by you in strict conformity with the terms and conditions of this Letter of Credit, we will honor the Drawing, if such Drawing is received by us prior to 11:30 a.m. on a Business Day, not later than 2:30 p.m. on such Business Day or such later date as you may specify in such Drawing.

  • Don’t worry, there will be no change to your current service-your trash day will remain the same and unlimited brush and bulky waste pickup with no phone call will still occur! FCC crews will begin to deliver your new blue trash and recycling carts the week of August 28.

  • Unless otherwise directed by Required Revolver Lenders, the applicable L/C Issuer shall then deliver notice to the applicable Trustee prior to the fifth Business Day after any such Bond Purchase Drawing that the amount of such drawing will not be reinstated.

  • This can be accomplished by a contract signed by a higher authority delegating certain specified abilities to another signature.

  • No Loans will be made for.the purpose of converting the obligation of the Company under Section 2(a)(i) to reimburse the Issuing Agent for the amount of any Drawing other than a Purchase Drawing or for any other purpose.

  • To ask the Taoiseach if he will report on his visit to London on 19 May 2017.

  • Bond Purchase Drawing has the meaning set forth in Section 2.3(i)(ii).

  • Pursuant to the Pledge Agreement, the Borrower has agreed to pledge to the Bank, and grant to the Bank a security interest in, its right, title and interest in Certificates purchased with the proceeds of any Principal Purchase Drawing and delivered to the Bank (the "Remarketing Certificates"; such Certificates when released by the Bank pursuant to Section 5 of the Pledge Agreement shall cease to be Remarketing Certificates).

  • Maximum wind speeds and gusts in Sacramento and Redding can exceed 60 mph throughout the year.


More Definitions of Purchase Drawing

Purchase Drawing means a drawing under the Letter of Credit pursuant to a Purchase Drawing, as defined in the Letter of Credit, to purchase Bonds that are tendered or deemed tendered.
Sample 1Sample 2
Purchase Drawing shall have the meaning set forth in the Letter of Credit. REPORTABLE EVENT shall mean an event described in Section 4043(b) of ERISA (with respect to which the 30-day notice requirement has not been waived by the PBGC).
Sample 1Sample 2
Purchase Drawing has the meaning assigned to such term in the Letter of Credit. “Purchase Notice” shall have the meaning assigned to such term in Section 2.04(g). “Purchase Price” shall have the meaning set forth in the Letter of Credit.
Sample 1
Purchase Drawing. As defined in the Eagle Ranch Letter of Credit.
Sample 1
Purchase Drawing shall have the meaning assigned to such ---------------- term in the applicable Special Letter of Credit. (xiii) "Remarketing Agreements" means that certain Remarketing ---------------------- Agreement dated as of June 1, 1995, among the Borrower, the Industrial Development Board of the Parish of Lafayette, Louisiana, Inc. and Xxxxxxxx Xxxxxx Refsnes, Inc. in connection with the Series 1995 Lafayette Bonds, and that certain Remarketing Agreement dated as of June 1, 1995, among the Borrower, the Industrial Development Board of the Parish of Calcasieu, Louisiana, Inc. and Xxxxxxxx Xxxxxx Refsnes, Inc. in connection with the Series 1995 Calcasieu Bonds.
Sample 1
Purchase Drawing means a drawing made on the Letter of Credit with respect to the payment of the purchase price of Notes tendered for purchase in accordance with the terms of the Indenture.
Sample 1

Related to Purchase Drawing

  • Interest Drawing has the meaning assigned to such term in Section 3.6(a).

  • Final Drawing has the meaning specified in Section 3.05(i).

  • Record drawing or “as-builts” means a set of reproducible drawings which show significant changes in the work made during construction and which are usually based on drawings marked up in the field and other data furnished by the contractor.

  • 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.

  • Drawing means the drawing or drawings specified in or annexed to the Specifications;

  • Downgrade Drawing has the meaning assigned to such term in Section 3.6(c).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Shop Drawing means any and all drawings, diagrams, layouts, explanations, illustrations, manufacturer's drawings or other written or graphic materials which illustrate any portion of the construction work.

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • Unpaid Drawing shall have the meaning provided in Section 3.4(a).

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

  • The DRAWINGS / MAPS means the drawing/map or drawings/maps mentioned in NIT and any modifications of them approved by the Employer or any further Working drawings/maps or sketches by the Employer or any further working drawings/maps or sketches which may be furnished or approved in writing by the Employer.

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

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Special Drawing Rights and the symbol “SDR” mean special drawing rights as valued by the International Monetary Fund in accordance with its Articles of Agreement”;

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Equipment Advance is defined in Section 2.1.1.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit D, together with the standard form of application for letter of credit used by the applicable Issuing Bank, signed by a Senior Officer of the applicable Borrower and properly completed to provide all information required to be provided therein.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Drawing Date shall have the meaning set forth in Section 2.12(b) hereof.