REDUCTION CERTIFICATE definition

REDUCTION CERTIFICATE shall have the meaning specified in the Servicer Letter of Credit.
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REDUCTION CERTIFICATE means a certificate in the form attached as an annex to the Contingent Equity LC to be delivered to the issuer thereof to effect a reduction in the amount available to be drawn on the Contingent Equity LC.
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REDUCTION CERTIFICATE has the meaning set forth in Section 6.13(e).
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Examples of REDUCTION CERTIFICATE in a sentence

  • Very truly yours, ***NAME OF ISSUING BANK*** By Authorized Officer cc: ***Account Party*** ***Account Party Address*** EXHIBIT D TO LETTER OF CREDIT FORM OF REDUCTION CERTIFICATE , 20 ***Name of Issuing Bank*** ***Bank Address*** Attention: LETTER OF CREDIT NUMBER: IN ORIGINAL AMOUNT OF: $ For (the “Site”) Gentlemen, This certificate authorizes reduction in the amount of $ of the above Letter of Credit.

  • RATE REDUCTION CERTIFICATE SCHEDULED FINAL INTEREST DISTRIBUTION TERMINATION RATE DATE DATE CUSIP ---------- ------------ ----------- ----- REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUST OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO.

  • FLOATING RATE RATE REDUCTION CERTIFICATE SCHEDULED FINAL DISTRIBUTION DATE TERMINATION DATE CUSIP ----------------- ---------------- ----- REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUST OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO.

  • EXHIBIT 4 REDUCTION CERTIFICATE The undersigned, a duly authorized officer of COMMERCE BANK, NATIONAL ASSOCIATION (the "Trustee"), hereby certifies as follows to FIRST UNION NATIONAL BANK (the "Fronting Bank"), with reference to Irrevocable Letter of Credit No. SM418226C (the "Letter of Credit"), issued by the Fronting Bank in favor of the Trustee.

  • XXXXX REVOCABLE TRUST UNDER AGREEMENT DATED NOVEMBER 5, 1988 By: ------------------------------- Name: Title: ANNEX IV -------- FORM OF REDUCTION CERTIFICATE ----------------------------- To: Bankers Trust Company 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Commercial Loan Division, Standby Letter of Credit Unit Re: Irrevocable Standby Letter of Credit No. S-10675.

  • Dated: U.S. BANK NATIONAL ASSOCIATION, as Trustee By: Authorized Officer ANNEX G REDUCTION CERTIFICATE The undersigned, a duly authorized officer of the undersigned Trustee (the Trustee"), certifies as follows to East West Bank, as issuer of the above-referenced letter of credit (the "Letter of Credit"): 1.

  • JPMorgan Chase Bank, N.A. (f/k/a JPMorgan Chase Bank), as Administrative Agent By: Name: Title: ANNEX C to CITIBANK, N.A. LETTER OF CREDIT No. REDUCTION CERTIFICATE Citibank, N.A. c/o its Servicer, Citicorp North America, Inc.

  • Date: [FINANCIAL INSTITUTION] Attest/Witness By: Name: Title: EXHIBIT "C" BANK ACCOUNT REDUCTION CERTIFICATE OF COMPLETION We, the undersigned, hereby certify that the work provided for in a certain Subdivision and Land Development Agreement between Tredyffrin Township and , Developer, dated the day of , 20 relative to the construction and installation of certain improvements in a development known as , has been completed to the extent of % representing Dollars ($ ).

  • RATE REDUCTION CERTIFICATE SCHEDULED FINAL INTEREST DISTRIBUTION TERMINATION RATE DATE DATE CUSIP ----------- ------------ ----------- ----- REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE TRUST OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO.

  • Very truly yours, [Beneficiary] By: Name: Title: cc: [Transferee] [Applicant] ANNEX 3 FORM OF LETTER OF CREDIT REDUCTION CERTIFICATE To: [Issuing Bank] [Address] Attn: [Name] Reference is made to the Irrevocable Letter of Credit No. [ ] dated [ ] (the “Letter of Credit”) issued by you in favor of us.


More Definitions of REDUCTION CERTIFICATE

REDUCTION CERTIFICATE means a certificate, substantially in the form of Appendix VII to the Tranche E Letter of Credit, executed by the Company and acknowledged by the Tranche E Beneficiary and delivered to the Administrative Agent and the Tranche E Issuing Bank, all in accordance with the terms of Section 8.01(c)(iii).
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REDUCTION CERTIFICATE means a Reduction Certificate in the form of Exhibit D to the Letter of Credit, which has been delivered to the Trustee pursuant to Section 1103.
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Related to REDUCTION CERTIFICATE

  • Allocation Certificate shall have the meaning set forth in Section 5.20.

  • Completion Certificate means the certificate to be issued by the Engineer-In- Charge when the work/s has been completed to his satisfaction as per terms of the contract.

  • Participation Certificate means the original participation certificate, if any, that was executed and delivered in connection with a Participation Interest.

  • Satisfaction Certificate means the certificate materially in the form of the document contained in Call Off Schedule 5 (Testing) granted by the Customer when the Supplier has Achieved a Milestone or a Test;

  • Exemption Certificate is defined in clause (e) of Section 4.6.

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • Occupation Certificate means any occupation certificate as referred to in s 6.4 of the Act in respect of the Development Consent;

  • Final Completion Certificate has the meaning set forth in Section 11.6.

  • Information Certificate means the Information Certificate of Borrower constituting Exhibit A hereto containing material information with respect to Borrower, its business and assets provided by or on behalf of Borrower to Lender in connection with the preparation of this Agreement and the other Financing Agreements and the financing arrangements provided for herein.

  • Option Certificate means the certificate, substantially in the form set out as Schedule “A” hereto, evidencing an Option;

  • Substantial Completion Certificate means the certificate issued and approved by the Authority indicating the date upon which the Trade Contractor Work (or a designated portion thereof) is Substantially Complete.

  • Perfection Certificates is defined in Section 5.1.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Perfection Certificate means a certificate in the form of Exhibit H hereto or any other form reasonably approved by the Collateral Agent, as the same shall be supplemented from time to time.

  • Construction Completion Certificate means a document:

  • registration certificate means the certificate of registration or other documents in lieu thereof establishing that the Goods supplied under the Contract are registered for use in the Purchaser’s country in accordance with the applicable law.

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Collateral Information Certificate the Collateral Information Certificate to be executed and delivered by the Borrower pursuant to Section 5.1, substantially in the form of Exhibit J.

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Lien Certificate means, with respect to a Financed Vehicle, an original certificate of title, certificate of lien or other notification issued by the Registrar of Titles of the applicable state to a secured party which indicates that the lien of the secured party on the Financed Vehicle is recorded on the original certificate of title. In any jurisdiction in which the original certificate of title is required to be given to the Obligor, the term “Lien Certificate” shall mean only a certificate or notification issued to a secured party. For Financed Vehicles registered in states which issue confirmation of the lienholder’s interest electronically, the “Lien Certificate” may consist of notification of an electronic recordation, by either a third party service provider or the relevant Registrar of Titles of the applicable state, which indicates that the lien of the secured party on the Financed Vehicle is recorded on the original certificate of title on the electronic lien and title system of the applicable state.

  • Back-Up Certification As defined in Section 3.18(k).

  • Occupancy Certificate means the occupancy certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructure such as water, sanitation and electricity;

  • Income Certification means a Tenant Income Certification and a Tenant Income Certification Questionnaire in the form attached as Exhibit B hereto or in such other comparable form as may be provided by the Issuer to the Owner, or as otherwise approved by the Issuer.

  • Excess Distribution Certificate means the certificate, substantially in the form of Exhibit A to the Trust Agreement, evidencing the right to receive payments thereon as set forth in Sections 2.8(k) and 2.9(f) of the Administration Agreement.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.