Honor of a letter of credit means performance of the issuer's undertaking in the letter of credit to pay or deliver an item of value. Unless the letter of credit otherwise provides, "honor" occurs:
Drawee means a person ordered in a draft to make payment.
Promisee means a party to a motor carrier transportation contract who is not a motor carrier or, if the promisee is a motor carrier, a party to a motor carrier transportation contract who is not transporting property for compensation or hire. Promisee includes agents, employees, servants, and independent contractors who are directly responsible to the promisee.
Assured means the Energy Company and its non-consolidated subsidiaries and affiliates included for reinsurance under paragraphs 2 and 3 above, both independently and as participants in joint ventures with others.
You, Your, Yourself means the Insured Person shown in the Schedule.
Accept or any variant thereof, means to recognize and give effect to 1 or more determinations of another state relating to the qualifications of educational personnel in lieu of making or requiring a like determination that would otherwise be required by or pursuant to the laws of a receiving state.
You/Your means the person(s) (natural or corporate) investing money in the Bond in accordance with these Terms and Conditions and includes their successors.
Promise means a written undertaking to pay money signed by the person undertaking to pay. An acknowledgment of an obligation by the obligor is not a promise unless the obligor also undertakes to pay the obligation.
Surety Ambac, or its successors in interest, or such other surety as may be identified in the Series Supplement.
Insured”, “You”, “Your means a person:
Dishonor of a letter of credit means failure timely to honor or to take an interim action, such as acceptance of a draft, that may be required by the letter of credit.
Endorser means a person who makes an endorsement.
Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.
Reasonable assurance means a high degree of confidence that submitted data and statements are valid.
The Bank means the Bank of India;
Refuse means any garbage, rubbish, or trade waste.
You or “Your” shall mean the Bidder responding to this Invitation For Bid or the Seller whose Bid the City selected and awarded a contract.
Our The company obligated under this Agreement is 4warranty Corporation, 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx Xxxxxxx 00000 (800) 867-2216), in all states except in Florida and Oklahoma where it is XXXXXX SOUTHERN INSURANCE COMPANY, 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx, XX 00000 (800) 888-2738, Florida License No. 03698 and Oklahoma License No. 864264, and in Wisconsin where it is The Service Doc Inc., 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx, XX 00000 (800) 888-2738.
Maker means a person who signs or is identified in a note as a person undertaking to pay.
You/Your means the person who owns or leases the Covered Equipment and any person to whom the Policy is transferred pursuant to clause 11.
Fortis means Fortis Inc.;
CS means the New York State Department of Civil Service. “DOB” shall mean New York State Division of the Budget. “EEO” shall mean Equal Employment Opportunity.
Yourself means any person/s (end user) being of the legal age of eighteen (18) years.
RBC means Royal Bank of Canada.
Best Management Practices (BMPs means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the state. BMPs also include treatment requirements, operating procedures, and practices to control site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.
Platinum means elemental platinum having an atomic weight of 195.09 and the chemical element symbol of Pt, whether found by itself or in combination with its alloys or any other metal.