Draw Notice definition

Draw Notice has the meaning set forth in Section 2.02.

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Draw Notice means a written notice to the LOC Bank setting forth the Letter of Credit Draw that the Company requests from the LOC Bank pursuant to the Letter of Credit and which identifies the Additional Closing Date and which includes the Draw Notice Representation.

Draw Notice means the form of notice, substantially in the form of Exhibit B hereto, from the City to the Bank requesting that the Bank advance funds hereunder.

Examples of Draw Notice in a sentence

The Delayed Draw Eligibility Event shall have occurred and the Borrower shall have delivered the Delayed Draw Notice.
Each Delayed Draw Notice shall be deemed to be a representation and warranty by the Issuer that the conditions specified in Section 8.2 and Section 8.3 have been satisfied on and as of the date of the applicable Delayed Draw Funding Date.
Upon receipt of a Draw Notice by such Borrower, such Borrower shall be irrevocably and unconditionally obligated to reimburse the L/C Issuer for any amounts paid by the L/C Issuer upon any drawing under any Letter of Credit, without presentment, demand, protest or other formalities of any kind on the second Domestic Business Day following the date of receipt.
The Issuer shall have delivered a Delayed Draw Notice to the Purchasers and Agent at least fifteen (15) Business Days prior to the proposed Delayed Draw Funding Date.
Each Delayed Draw Notice shall be irrevocable and shall specify (i) the requested date of the issuance of such Delayed Draw Notes (which shall be a Business Day) (each a “Delayed Draw Funding Date”) and (ii) the principal amount of such Delayed Draw Notes to be issued and purchased.

More Definitions of Draw Notice

Draw Notice has the meaning given to it in Clause 26.15(g).

Draw Notice has the meaning assigned to that term in subsection 3.3B.

Draw Notice means a notice, substantially in the form set forth hereto as Exhibit B, pursuant to which the Borrower requests Draws from the Lenders.

Draw Notice has the meaning set forth in Section 4.10(b).

Draw Notice means a Draw Notice substantially in the form of Exhibit B hereto.

Draw Notice has the meaning specified therefor in Section 2.02(a)(i).

Draw Notice has the meaning specified in Section 2.8(a). “EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. “EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. “EEA Resolution Authority” means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. “Eighth Amendment Effective Date” means October 19, 2023. “Eligible Assignee” means (a) any “bankruptcy remote” special purpose entity which is administered by CACIB, PNC or MUFG (or any Affiliate of CACIB, PNC or MUFG) or any Qualifying Liquidity Bank (or any Affiliate of a Qualifying Liquidity Bank) that is in the business of acquiring or financing receivables, securities and/or other financial assets and which issues commercial paper notes that are rated at least A-1 by S&P, P-1 by Moody’s and, if applicable, F1 by Fitch, or (b) any Qualifying Liquidity Bank. “Eligible Originator” means any of (a) Quest Diagnostics, (b) Quest Diagnostics ▇▇▇▇▇▇▇ Institute, a California corporation, Quest Diagnostics Incorporated, a Michigan corporation, Quest Diagnostics Incorporated, a Maryland corporation, Quest Diagnostics LLC, a Connecticut limited liability company, Quest Diagnostics LLC, a Massachusetts limited liability company, Quest Diagnostics of Pennsylvania Inc., a Delaware corporation, MetWest Inc., a Delaware corporation which was merged into QDCL on November 11, 2017), Quest Diagnostics LLC, an Illinois limited liability