Examples of qualifying issuer in a sentence
If the Letter of Credit has a one year term, Sysco Corporation shall notify EESI of the issuer’s intent not to renew the term of the Letter of Credit within sixty days prior to its expiration, and Sysco Corporation shall have thirty days from the date of such notice to EESI to provide a substitute letter of credit issued by a Qualifying Issuer.
The Supplier must deliver the extended or replacement Advance Payment Bond to the Project Company not later than: in the event of expiry or cessation, the tenth (10th) Business Day prior to the date of expiry or cessation of the original Advance Payment Bond; and in the event of the issuer ceasing to be a Qualifying Issuer, the tenth (10th) Business Day after Project Company's written request for a replacement Advance Payment Bond.
The Installation Contractor must deliver the extended or replacement Advance Payment Bond to the Project Company not later than: in the event of expiry or cessation, the tenth (10th) Business Day prior to the date of expiry or cessation of the original Advance Payment Bond; and in the event of the issuer ceasing to be a Qualifying Issuer, the tenth (10th) Business Day after Project Company's written request for a replacement Advance Payment Bond.
Acceptable Credit Rating 4.1(b)(i) [●] CP Longstop Date 2.2(a) [●] Qualifying Issuer 4.1(b) [Insert rating requirements].
The Installation Contractor must deliver the extended or replacement Retention Bond to the Project Company not later than: in the event of expiry or cessation, the tenth (10th) Business Day prior to the date of expiry or cessation of the original Retention Bond; and in the event of the issuer ceasing to be a Qualifying Issuer, the tenth (10th) Business Day after Project Company's written request for a replacement Retention Bond.