Examples of Reserve Account Letter of Credit Bank in a sentence
Any payment made by a Reserve Account Letter of Credit Bank under a Reserve Account Letter of Credit shall be applied solely to the payment of the Notes and for such other purposes as set forth in Section 4.3(b) hereof.
The Directors propose to seek your approval of a general mandate to repurchase Shares not exceeding 10% of the number of Shares of the Company in issue at the Annual General Meeting.
No delay or omission of the Indenture Trustee[, the Insurer, each Reserve Account Letter of Credit Bank] or any Holder of any Note to exercise any right or remedy accruing upon any Default or Event of Default shall impair any such right or remedy or constitute a waiver of any such Default or Event of Default or an acquiescence therein.
Every right and remedy given by this Article or by law to the Indenture Trustee[, the Insurer, each Reserve Account Letter of Credit Bank,] or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, each Reserve Account Letter of Credit Bank,] [the Insurer] or by the Noteholders, as the case may be.