A Drawing definition

A Drawing shall have the meaning specified in the Letter of Credit which shall be a drawing in respect of the payment of the portion of the purchase price of Bonds corresponding to principal of such Bonds.
A Drawing means a drawing under the Letter of Credit made pursuant to Section 15(b) of the Seventh Supplement for the payment of the principal of the Bonds payable from the Letter of Credit at maturity or prior redemption upon acceleration pursuant to a certificate in the form of Annex A to the Letter of Credit.
A Drawing means any draw in the form of Annex A to the Letter of Credit made under the Letter of Credit to pay the principal amount upon an optional and/or a mandatory redemption of a portion of the Bonds in accordance with the Indenture.

Examples of A Drawing in a sentence

  • A Drawing prepared at Applicant’s expense by either the Applicant or PG&E (if PG&E agrees and labor is available).

  • A Drawing Cover Sheet listing an index of all number of drawings by each discipline.

  • A Drawing and general provisions of the Contract, including General and Supplementary Conditions and Division 1 Specification Sections, apply to this Section.

  • The NYPSC Commissioners may believe that selective support of certain uneconomic generators is sound policy to improve “competitiveness of the electric market.” But FERC has disagreed in the closely analogous context of new generators entering the market, finding that “below-cost entry suppresses capacity prices,” PJM Interconnection L.L.C., 135 FERC ¶ 61,022, at ¶ 143 (2011), which in turn “undermine[s] the market’s ability to attract needed investment over time,” id.

  • A Drawing in relation to a Game of Lotto shall take place after the Close of Acceptance of Entries and Syndicate Shares has closed for that Game of Lotto.

More Definitions of A Drawing

A Drawing means a drawing made by sight draft accompanied by a certificate in the form of Exhibit A to Annex 1 hereto to pay the interest payments due on the Bonds.
A Drawing means a draw made by you under this Letter of Credit with respect to the portion of the Purchase Price which corresponds to the principal amount of the Bonds delivered or deemed delivered to the Trustee pursuant to Sections 2.10, 2.11, 2.12, 2.15 or 2.16 of the Indenture.
A Drawing means a drawing under a Letter of Credit to pay the principal of the Demand Notes due to maturity, redemption, or acceleration. ACTUAL/360 BASIS --- a method of computing interest or other charges hereunder on the basis of an assumed year of 360 days for the actual number of days elapsed, meaning that interest or other charges accrued for each day will be computed by multiplying the rate applicable on that day by the unpaid principal balance (or other relevant sum) on that day and dividing the result by 360.
A Drawing shall have the meaning provided in Section 1A.05(b).
A Drawing means a drawing under the Letter of Credit to pay interest on the Bonds.
A Drawing. For payment of principal of the Bonds due to prepayment, redemption, acceleration or maturity. The undersigned, a duly authorized officer of the Trustee named below (the "Trustee"), hereby certifies to Central Fidelity National Bank (the "Bank"), with reference to Irrevocable Letter of Credit No. SBO12845 (the "Letter of Credit") (any capitalized term used herein and not defined shall have its respective meaning as set forth in the Letter of Credit) issued by the Bank in favor of the Trustee, that:
A Drawing as specified in each Letter of Credit, a drawing with respect to the payment, on an Interest Payment Date, of unpaid interest on the related Bonds.