Examples of Termination Demand in a sentence
Any Credit Demand, Unpaid Demand Note Demand, Preference Payment Demand or Termination Demand may be delivered by facsimile transmission.
ANNEX D CERTIFICATE OF TERMINATION DEMAND [Issuing Bank’s Address] Attention: [Global Loan Operations, Standby Letter of Credit Unit] Certificate of Termination Demand under the Irrevocable Letter of Credit No. [ ] (the “Series 2013-A Letter of Credit”), dated [ ], issued by [ ], as the Issuing Bank, in favor of the Trustee.
If the Series 2002-1 Letter of Credit Provider receives any Credit Demand or Termination Demand at such office, all in strict conformity with the terms and conditions of this Series 2002-1 Letter of Credit, not later than 1:00 p.m. (New York City time) on a Business Day prior to the termination hereof, the Series 2002-1 Letter of Credit Provider will make such funds available by 4:00 p.m. (New York City time) on the same day in accordance with your payment instructions.
The Trustee shall deliver the original executed counterpart of such Credit Demand, Unpaid Demand Note Demand, Preference Payment Demand or Termination Demand, as the case may be, to the Issuing Bank by means of overnight courier.
ANNEX B CERTIFICATE OF TERMINATION DEMAND [ ] [ADDRESS] Telecopier: [ ] Attention: Standby Letter of Credit Department Certificate of Termination Demand under the Irrevocable Letter of Credit No. [ ] (the “Series 2011-2 Letter of Credit”; the terms defined therein and not otherwise defined herein being used herein as therein defined), dated as of [ ], issued by [ ], as the Series 2011-2 Letter of Credit Provider, in favor of Deutsche Bank Trust Company Americas, as the Trustee.
Each Credit Demand and Termination Demand shall be dated the date of its presentation, and shall be presented (and, for the avoidance of doubt, may be presented by way of facsimile in accordance with the notice provisions set out below) to the Issuing Bank at the Issuing Bank’s Office, Attention: [●].
If the Series 2004-1 Letter of Credit Provider receives any Credit Demand or Termination Demand at such office, all in strict conformity with the terms and conditions of this Series 2004-1 Letter of Credit, not later than 1:00 p.m. (New York City time) on a Business Day prior to the termination hereof, the Series 2004-1 Letter of Credit Provider will make such funds available by 4:00 p.m. (New York City time) on the same day in accordance with your payment instructions.
If the Series 1997-1 Letter of Credit Provider receives any Credit Demand or Termination Demand at such office, all in strict conformity with the terms and conditions of this Series 1997-1 Letter of Credit, not later than 1:00 p.m. (New York City time) on a Business Day prior to the termination hereof, the Series 1997-1 Letter of Credit Provider will make such funds available by 4:00 p.m. (New York City time) on the same day in accordance with your payment instructions.
All payments made by the Issuing Bank under this Letter of Credit shall be made by deposit of same day funds into the designated account specified in the relevant Credit Demand or Termination Demand, as the case may be, and shall be made with the Issuing Bank’s own funds.
ANNEX B CERTIFICATE OF TERMINATION DEMAND Bank of America, N.A. [ADDRESS] Telecopier: [__] Attention: [__] Certificate of Termination Demand under the Irrevocable Letter of Credit No. [__] (the “Series [TBD] Letter of Credit”; the terms defined therein and not otherwise defined herein being used herein as therein defined), dated as of [TBD], 201_, issued by Bank of America, N.A., as the Series [TBD] Letter of Credit Provider, in favor of Deutsche Bank Trust Company Americas, as the Trustee.