7 NTD definition

7 NTD. The “maximum reduction” for each rung in the table is based on the potential Portfolio Exposure as described in the RFP documents. For each row except the last row, the maximum “up to” Applicable PA Amount Reduction will be determined by deducting the Portfolio Exposure from the dollar amount shown in the righthand column for such row. BBB- from S&P Baa3 from ▇▇▇▇▇’▇ 50% of the Applicable PA Amount, up to a maximum reduction of [Fifty Million Dollars ($50,000,000)] No Accepted Agency Rating and: Seller or Seller Parent Guarantor is deemed acceptable by Buyer in its sole and absolute discretion 50% of the Applicable PA Amount, up to a maximum reduction of [Fifty Million Dollars ($50,000,000)] Seller and Seller Parent Guarantor are not deemed acceptable by Buyer in its sole and absolute discretion Zero Dollars ($0) [As of the Effective Date, the Applicable PA Amount Reduction is [ ].8]
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7 NTD remove if Daily Simple SOFR borrowing.
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7 NTD. The “maximum reduction” for each rung in the table is based on the potential Portfolio Exposure as described in the RFP documents. For each row except the last row, the maximum “up to” Applicable PA Amount Reduction will be determined by deducting the Portfolio Exposure from the dollar amount shown in the righthand column for such row. BBB+ or higher from S&P Baa1 and higher from Moody’s 50% of the Applicable PA Amount, up to a maximum reduction of [Seventy-Five Million Dollars ($75,000,000)] BBB from S&P Baa2 from Moody’s 50% of the Applicable PA Amount, up to a maximum reduction of [Sixty-Two Million Five Hundred Thousand Dollars ($62,500,000)] BBB- from S&P Baa3 from Moody’s 50% of the Applicable PA Amount, up to a maximum reduction of [Fifty Million Dollars ($50,000,000)] No Accepted Agency Rating and: Seller or Seller Parent Guarantor is deemed acceptable by Buyer in its sole and absolute discretion 50% of the Applicable PA Amount, up to a maximum reduction of [Fifty Million Dollars ($50,000,000)] Seller and Seller Parent Guarantor are not deemed acceptable by Buyer in its sole and absolute discretion Zero Dollars ($0) As of the Effective Date, the Applicable PA Amount Reduction is [ ].8
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Examples of 7 NTD in a sentence

  • PacifiCorp expects bidders to propose a reasonable methodology for calculating a Termination Payment in Exhibit 11.5. 7 NTD – Choice of forum to be revised based on the proposed location of the project.

  • If the consideration to be used to pay the Call Option Purchase Price, as set forth in the Call Option Notice, includes Non-Voting NEP Common Units (or NEP Common Units if the holder of Class B Units to be purchased requests in writing, not less than two (2) Business Days prior to the applicable Call Option Closing Date, the issuance of NEP Common Units), then the applicable 7 NTD – To be the date that is the [fifth (5th)] anniversary of the Effective Date.

  • NEP Member may not assign its right to purchase the outstanding Class B Units pursuant to this Section 7.02 to any Person other than NEP or a Subsidiary thereof; provided, however, that, in the event of any such assignment, NEP Member and NEP 7 NTD – To be the date that is the [fifth (5th)] anniversary of the Effective Date.

  • The following documents must be delivered to the Managing Member and must be satisfactory, in form and substance, to 7 NTD - To be the date that is seventy-eight (78) months after the Effective Date.

  • Each such Class A Member may participate in such proposed issuance by delivering irrevocable written notice (a “Preemptive Rights Commitment Notice”) of its commitment to participate in the proposed issuance to the Company within the time limit (which 7 NTD: TBD.


More Definitions of 7 NTD

7 NTD. The “maximum reduction” for each rung in the table is based on the potential Portfolio Exposure as described in the RFP documents. For each row except the last row, the maximum “up to” Applicable PA Amount Reduction will be determined by deducting the Portfolio Exposure from the dollar amount shown in the righthand column for such row.
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7 NTD. Only remove for Bombax Capital Partners Limited and Be Expert Limited.
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Related to 7 NTD

  • Gentlemen Pursuant to Section 4.1 of the Agreement, the undersigned hereby requests that you issue (pick one): _____ an irrevocable standby Letter of Credit in the amount of $___________________ for the account of the undersigned and for the benefit of _________________________________ upon the terms and conditions set forth in the attached Application and Agreement for Irrevocable Standby Letter of Credit. _____ a commercial Letter of Credit in the amount of $___________________ for the account of the undersigned and for the benefit of _________________________________ upon the terms and conditions set forth in the attached Application and Agreement for Commercial Letter of Credit. The undersigned hereby represents and warrants to you that as of the date hereof all of the representations and warranties of the undersigned contained in the Agreement are true and correct in all material respects as if made on and as of the date hereof and no Default or Event of Default (as defined in the Agreement) has occurred and is continuing and that no such Default or Event of Default will result from the issuance of the Letter of Credit requested hereby. Very truly yours, DOAN▇ ▇▇▇DUCTS COMPANY By: --------------------------------------- Title: ------------------------------------ - 112 - 119 EXHIBIT E FORM OF STANDBY LETTER OF CREDIT APPLICATION - 113 - 120 EXHIBIT F FORM OF COMMERCIAL LETTER OF CREDIT APPLICATION - 114 - 121 EXHIBIT G LETTER OF CREDIT PARTICIPATION CERTIFICATE This Letter of Credit Participation Certificate is issued pursuant to Section 4.2 of that certain Amended and Restated Revolving Credit and Term Loan Agreement dated February 28, 1996, by and among Doan▇ ▇▇▇ducts Company (formerly known as DPC Transition Corp), the banks listed on the signature pages thereof and Mercantile Bank of St. Louis National Association, as agent for the Banks, as the same may from time to time be amended, modified, extended or renewed (the "Credit Agreement"). All capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in the Credit Agreement. Subject to the terms, provisions and conditions contained in the Credit Agreement, Mercantile hereby issues to ______________________________ a ______________________ Percent (________%) undivided participation interest in all Letters of Credit issued by Mercantile from time to time under the Credit Agreement (including, without limitation, an undivided participation interest in the reimbursement risk relating to such Letters of Credit and in all payments and Letter of Credit Loans made by Mercantile in connection with such Letters of Credit). This Certificate may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were on the same instrument. Executed this ______ day of ____________, 19_____.

  • Cottage Sector Means a single dwelling that does not have a common facility for a multiple number of tenants.

  • SABS 0400 means the South African Bureau of Standards, Code of Practice for the application of the National Building Regulations;

  • Print Name Signature: Date:

  • Falconry means the sport of taking quarry by means of a trained raptor.