PBCE Agreement definition
PBCE Agreement means the agreement entered into on 6 April 2016 between the Company, the Bond Trustee and the PBCE Provider, under which the PBCE Provider has undertaken to issue the PBCE Letter of Credit and the associated obligations of the Company, as amended and/or supplemented from time to time;
Examples of PBCE Agreement in a sentence
The European Investment Bank (the PBCE Provider) has provided a letter of credit (the PBCE Letter of Credit) as a form of subordinated credit enhancement instrument in relation to the Bonds pursuant to the terms of a PBCE Letter of Credit and Reimbursement Deed to be entered into on the Signing Date between, inter alios, the Issuer and the PBCE Provider (the PBCE Agreement).