Tender Drawing definition

Tender Drawing means such drawings, plans, sketches and details as are issued together with the Employer's Specification for the purpose of preparing Tenders.

Tender Drawing has the meaning assigned to that term in the Letter of Credit.

Tender Drawing means a drawing under the Letter of Credit to pay the portion of the Purchase Price of the Bonds allocable to principal.

Examples of Tender Drawing in a sentence

• The contractor will be permitted to use only the access to the site as indicated on the site plan of Tender Drawing.

• If the Issuing Bank shall honor any Tender Drawing and if the conditions precedent set forth in Section 5.03 of this Agreement have been satisfied as of the date of such honor, then, each Participating Bank's payment made to the Issuing Bank pursuant to Section 3.07 hereof in respect of such Tender Drawing shall be deemed to constitute an advance made for the account of the Account Party by such Participating Bank (each such advance being an "Initial Advance" made by such Participating Bank).

• Each Tender Advance shall be in an amount equal to a corresponding Tender Drawing and the proceeds of such Tender Advance shall be applied by the Bank automatically to the payment in full of such Tender Drawing.

• In addition, and without limiting the provisions of the Letter of Credit, the Letter of Credit - Principal Component shall be reduced in an amount equal to any draw to pay principal of the Bonds (including any Tender Drawing), but, with respect to any Tender Drawing, such amount will be reinstated upon receipt by the Trustee of notice from the Bank that the Tender Advance applicable thereto has been repaid.

• If the Bank shall make any payment of that portion of the purchase price corresponding to principal of the Bonds drawn under the Letter of Credit pursuant to a Tender Drawing and the conditions set forth in Subsection 3(d) shall have been fulfilled, each such payment shall constitute a Tender Advance made by the Bank to the Borrower on the date and in the amount of such payment.

More Definitions of Tender Drawing

Tender Drawing means any draw upon the Letter of Credit pursuant to a draft accompanied by a certificate in the form of Annex C or D to the Letter of Credit for the purchase price of the Bonds which are tendered for repurchase pursuant to Article IV of the Indenture.

Tender Drawing means a drawing under the Letter of Credit resulting from the presentation of a certificate in the form of Exhibit 2 to the Letter of Credit.

Tender Drawing means a drawing prepared by the Engineer for Tendering purpose only

Tender Drawing means any C Drawing and the related D Drawing under the Letter ofCredit.

Tender Drawing means a drawing under the Letter of Credit to pay the purchase price of Bonds in the amount set forth in Sections 501 through 505 of the Indenture and not remarketed by the Remarketing Agent on the date such Bonds are to be purchased.

Tender Drawing has the meaning assigned to that term in each -------------- Letter of Credit. "Termination Event" means (i) a Reportable Event described in ----------------- Section 4043 of ERISA and the regulations issued thereunder (other than a Reportable Event not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of the Company or any of its Affiliates from a Plan during a plan year in which it was a "substantial employer" as defined in Section 4001(a)(2) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC, or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan.

Tender Drawing means a C Drawing or a D Drawing.