Remarketing Drawing definition

Remarketing Drawing shall have the meaning set forth in the Letter of Credit.
Remarketing Drawing is used as defined in each of the Credit Enhancement Letters of Credit, as the context requires.
Remarketing Drawing shall have the meaning set forth in the Letter of ------------------- Credit.

Examples of Remarketing Drawing in a sentence

  • Such interest shall be payable on each Interest Payment Date for so long as such Remarketing Drawing or any portion thereof is unreimbursed.

  • The amount of any unreimbursed Remarketing Drawing shall bear interest from the date of the Remarketing Drawing at a rate per annum equal to the Prime Rate plus one percent (1.0%).

  • The portion of a Remarketing Drawing used by the Trustee to pay the interest portion of the purchase price of Bonds or Beneficial Ownership Interests duly tendered, or deemed tendered, for purchase on the applicable Bond Purchase Date shall be paid on the date of such Remarketing Drawing, together with the sum of $50 for each such Remarketing Drawing.

  • With respect to any Remarketing Drawing only, such amount will be reinstated only upon receipt by the applicable Trustee of notice from the Issuing Lender that the Reimbursement Obligation with respect to such Remarketing Drawing has been repaid other than as a result of a borrowing under this Agreement.

  • This new legislation is aimed at strengthening the role of Traditional Leaders and the Khoi-San community as well as providing for support, recognition, and new roles and responsibilities.

  • The unpaid balance of the Remarketing Drawing shall bear interest at the Interest Rate, which interest shall be paid to the Bank monthly in arrears on the first Business Day of each month commencing the month following the month in which the Remarketing Drawing occurs.

  • Drawing" means an Interest Drawing, a Principal Drawing or a Remarketing Drawing as the context requires, and when used in the plural form, refers to all or any combination of them.

  • Any amounts received by the Bank from the remarketing of Notes purchased out of a Remarketing Drawing and registered to the Bank or, at the direction of the Bank, to the Borrower, shall be applied against the Borrower's obligation to reimburse the Bank for the amount of the Remarketing Drawing.

  • At any time that any Remarketing Drawing is outstanding on any loan payment date set forth in Schedule 1 of the Borrower Note, the Bank shall apply any payment of principal on the Borrower Note in an amount equal to the principal amount of Pledged Notes to be redeemed on such date as a repayment of the Remarketing Drawing.

  • Any such payment or prepayment of the Remarketing Drawing shall constitute a payment or prepayment of the Borrower Promissory Note for all purposes hereof and of the Borrower Promissory Note.


More Definitions of Remarketing Drawing

Remarketing Drawing is used as defined in the Letter of Credit.
Remarketing Drawing representing the Principal Amount. The term "Principal Amount" is used in the preceding sentence as that term is defined in the 1993 Direct-Pay Letter of Credit. Proceeds of the Remarketing Reimbursement Loan-1993 Bonds shall be used solely to reimburse the Enhancement Issuer for all or a portion of the Principal Amount of the related Remarketing Drawing for the 1993 Bonds which have not been sold by the Remarketing Agent subsequent to the Remarketing Drawing. Each Remarketing Reimbursement Loan-1993 Bonds shall be represented by the promissory note of the Borrower (a "Remarketing Reimbursement Note-1993 Bonds"), delivered to the Enhancement Issuer contemporaneously with the making of the Remarketing Reimbursement Loan-1993 Bonds, with each such note substantially in the form of the Term Note, with the following exceptions:
Remarketing Drawing means a Remarketing Drawing as defined in the Letter of Credit.

Related to Remarketing Drawing

  • 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.

  • 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).

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Working Drawings means the final working drawings approved by Landlord, as amended from time to time by any approved changes thereto, and “Work” means all improvements to be constructed in accordance with and as indicated on the Working Drawings, together with any work required by governmental authorities to be made to other areas of the Building as a result of the improvements indicated by the Working Drawings. Landlord’s approval of the Working Drawings shall not be a representation or warranty of Landlord that such drawings are adequate for any use or comply with any Law, but shall merely be the consent of Landlord thereto. Tenant shall, at Landlord’s request, sign the Working Drawings to evidence its review and approval thereof. After the Working Drawings have been approved, Tenant shall cause the Work to be performed in accordance with the Working Drawings.

  • 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.

  • Construction Drawings means the drawings showing building components and the manner in which they are assembled to form a building.

  • Contract Drawings means only those drawings specifically entitled as such and listed in the Specifications or in any Addendum, or any drawings furnished by the Commissioner, pertaining or supplemental thereto.

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

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Schedule 3.2, as required by Section 3.2.

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

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • 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.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • 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.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • As-built drawings, as used in this clause, means drawings submitted by the Contractor or subcontractor at any tier to show the construction of a particular structure or work as actually completed under the contract. “As-built drawings” shall be synonymous with “Record

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • 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”;