Examples of Withdrawal Certificate in a sentence
The Borrower shall have provided a Withdrawal Certificate to the P1 Accounts Bank and the P1 Collateral Agent, which such Withdrawal Certificate shall request all withdrawals to be made from the P1 Construction Account on the Closing Date in accordance with the P1 Accounts Agreement.
Xxxxxxxx has caused this Withdrawal Certificate to be duly executed and delivered by a Responsible Officer of Borrower as of the date first written above.
Borrower shall submit any Withdrawal Certificate pursuant to Section 3.3(b) to Administrative Agent by 1:00 p.m., New York Time, at least two (2) Business Days prior to the applicable Monthly Payment Date (or Bi-Monthly Payment Date).
The Depositary Agent shall have no responsibility for any calculation or determination in respect of whether or not such countersignature by the Administrative Agent is required and shall be entitled to rely conclusively upon any such Withdrawal Certificate.
The amendments will incorporate new paragraphs in the Master Trust Agreements defining an “Advance Withdrawal Certificate” and outlining the procedure for submitting an Advance Withdrawal Certificate to request disbursement of funds and the documentation of decommissioning costs.