Ineligible Bonds; Excluded Drawings Sample Clauses

Ineligible Bonds; Excluded Drawings. Notwithstanding any other provision of this Letter of Credit, no Drawing under this Letter of Credit may be made (a) with respect to any Liquidity Provider Bond, any City Bond or any Bond bearing interest at a rate other than the Weekly Rate (each an “Ineligible Bond”), (b) with respect to the payment of any principal or interest (other than as set forth herein) or any redemption, prepayment or purchase premium, (c) with respect to any payment which (i) comprises any part of the Sale Price or (ii) constitutes or comprises any interest amount accruing on the Bonds or under the Reimbursement Agreement other than interest accruing on the Bonds at a Weekly Rate on and subject to the terms of Paragraph 2 hereof, and (d) from and after the date we receive notice from the Paying Agent/Registrar in the form of Exhibit F hereto that payment or provision for payment of all the Bonds has been made, other than a draft to pay the Purchase Price of Eligible Bonds (any Drawing described in any of (a), (b), (c) or (d) of this paragraph 13 being referred to as an “Excluded Drawing”).
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Related to Ineligible Bonds; Excluded Drawings

  • Record Drawings A final set of drawings prepared by the Architect that incorporates all changes from all As- Builts, sketches, details, and clarifications.

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  • Extended Tours/Hybrid Schedules The Employer and the Union may agree to implement extended tours or hybrid schedule (mix of extended and normal tours). For clarity, a hybrid schedule may include extended tours on weekends and normal tours during the week. The following will apply:

  • Specific Obligations The HSP:

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