Notice of Drawing. Each Fronting Bank shall promptly notify the applicable Borrower by telephone, facsimile or other telecommunication of any Drawing under a Letter of Credit issued for the account of such Borrower by such Fronting Bank.
Notice of Drawing. To [ ] Bank/Public Limited Company/Limited copy to: [date] Dear Sirs, RE: CONSTRUCTION AGREEMENT DATED [ ] PERFORMANCE BOND NO./DATED [ ]/LETTER OF CREDIT NO. [ ]/BANK ACCOUNT NO. [ ] (“THE SECURITY”) We refer to the above Security in our favour. We hereby demand immediate payment thereunder in the amount of £[ ]. We require payment to be made by telegraphic transfer to:- Bank plc Address: Sort Code: Account Name: The National Grid Company plc Account No: Yours faithfully, for and on behalf of THE NATIONAL GRID COMPANY PLC Duly authorised officer APPENDIX [N] THIRD PARTY WORKS END OF SCHEDULE 2 EXHIBIT 3 SCHEDULE 2 - EXHIBIT 4 DATED [ ] 200[ ] THE NATIONAL GRID COMPANY PLC (1) and [ ] (2) THE CONNECTION AND USE OF SYSTEM CODE MANDATORY SERVICES AGREEMENT RELATING TO [ ] POWER STATION THIS MANDATORY SERVICES AGREEMENT is made on the [ ] day of [ ] 200[ ] BETWEEN
Notice of Drawing. To [ ] Bank/Public Limited Company/Limited copy to: [date] Dear Sirs, RE: CONSTRUCTION AGREEMENT DATED [ ] PERFORMANCE BOND NO./DATED [ ]/LETTER OF CREDIT NO. [ ]/BANK ACCOUNT NO. [ ] (“THE SECURITY”) We refer to the above Security in our favour. We hereby demand immediate payment thereunder in the amount of £[ ]. We require payment to be made by telegraphic transfer to:- Bank plc Address: Sort Code: Account Name: National Grid Electricity Transmission plc Account No: Yours faithfully, for and on behalf of NATIONAL GRID ELECTRICITY TRANSMISSION PLC Duly authorised officer APPENDIX [N] THIRD PARTY WORKS
Notice of Drawing. Whenever the Company desires to make a Drawing, it shall prior to 10:00 a.m. (Minneapolis time) on the proposed date of such requested Drawing (each a "Drawing Date") give the Administrative Agent notice by telephone or telecopier of the requested Drawing consisting of the information and certification set forth substantially in the form of notice of drawing attached hereto as Exhibit M (a "Notice of Drawing"). Such notice shall be irrevocable and the Company shall promptly confirm any such telephonic notice by transmitting a Notice of Drawing to the Administrative Agent by telecopier. Upon the Administrative Agent's request, the Company shall provide such information concerning the underlying transaction as necessary to establish to the satisfaction of the Administrative Agent that the document created by the acceptance of such Draft or Drafts will qualify as an Acceptance as defined hereunder.
Notice of Drawing. The applicable Letter of Credit Bank shall promptly notify the Company, the Agent Bank and each Bank by telephone, telecopy, telex or other telecommunication of any Drawing under a Letter of Credit it has issued and of the anticipated payment date. On the payment date, the Letter of Credit Bank shall confirm to the Company, the Agent Bank and each Bank by telephone or telecopy that payment of the Drawing is to be made by the Letter of Credit Bank on such date.
Notice of Drawing once given shall be irrevocable and shall oblige the Borrower to borrow the relevant Advance.
Notice of Drawing. To: [Bank] [# date] Dear Sirs, Re: Gas Capacity Agreement (Storage) (# Facility) Dated [#] Letter of Credit No. [#] (“THE SECURITY”) We refer to the above Security in our favour. We hereby demand immediate payment thereunder in the amount of [#]. We require payment to be made by telegraphic transfer to: Institution Name: Address: Sort Code: Account Name: National Grid Gas plc Account No.: Yours faithfully, For and behalf of National Grid Gas plc Duly authorised officer SCHEDULE 6 FORM OF PARENT COMPANY GUARANTEE DATED 20 [GUARANTOR] (1) in favour of NATIONAL GRID GAS PLC (2) GUARANTEE THIS GUARANTEE is made the day……of 20 by […………………………….…….] a company [registered in [ ] (No. )] and having its registered office at [… ] (herein called the “Guarantor”) in favour of National Grid Gas plc a company registered in England (No. 2006000) having its registered office at 0-0 Xxxxxx, Xxxxxx, XX0X 0XX herein called “National Grid Gas”.
Notice of Drawing. To: THE SURETY MANAGER copy to: [Date] Dear Sirs, RE: ON DEMAND PERFORMANCE BOND NO. [ ] DATED [ ] (THE "SECURITY") We refer to the above Security in our favour. We hereby demand immediate payment thereunder in the amount of £[ ]. We require payment to be made by telegraphic transfer to:- Bank plc Address: Sort Code: Account Name: National Grid Electricity System Operator Limited Account No: Yours faithfully, for and on behalf of National Grid Electricity System Operator Limited
Notice of Drawing. The Letter of Credit Issuer shall promptly notify the Borrower and each Lender by telephone, telecopy, telex or other telecommunication of any Drawing under a Letter of Credit and of the anticipated date for payment (the "PAYMENT DATE"). On the Payment Date, the Letter of Credit Issuer shall confirm to the Borrower and each Lender by telephone or telecopy that payment of the Drawing is to be made by the Letter of Credit Issuer on such date.
Notice of Drawing. In the event of any request for ----------------- drawing under a Letter of Credit by the beneficiary thereof, the L/C Issuer shall immediately notify the Borrowers and the Agent,, and the Borrowers shall reimburse, or cause the reimbursement of, the L/C Issuer on demand as set forth in the applicable Application for Letter of Credit in an amount in same day funds equal to the amount of such drawing; provided, however, that anything -------- ------- contained in this Agreement to the contrary notwithstanding, unless the Borrowers shall have notified the Agent and the L/C Issuer prior to such time that the Borrowers intend to reimburse the L/C Issuer for all or a portion of the amount of such drawing with funds other than the proceeds of Revolving Credit Loans, the Borrowers shall be deemed to have given a Loan Request to the Agent requesting the Lenders to make Revolving Credit Loans on the first Business Day immediately following the date on which such drawing is honored in an aggregate amount equal to the excess of the amount of such drawing over the amount received by the L/C Issuer from such other funds in reimbursement thereof (the "Unreimbursed L/C Draw"), plus accrued interest on such amount at the Base Rate Option set forth in Subsection 2.03. Any such Revolving Credit Loan shall be deemed advanced to the Borrowers. If the Borrowers shall be deemed to have given a Loan Request, then, subject to satisfaction or waiver of the conditions specified in Section 5.02, the Lenders shall, all as set forth in Section 2.12(g) hereof, on the first Business Day immediately following the date of such drawing, make Revolving Credit Loans in the aggregate amount of the Unreimbursed L/C Draw plus accrued interest on such amount at the Base Rate Option in Section 2.03. The proceeds of any such Revolving Credit Loans shall be applied directly by the Agent upon receipt from the Lenders to reimburse the L/C Issuer for the Unreimbursed L/C Draw plus accrued interest on such amount. The foregoing shall not limit or impair the obligation of the Borrowers to reimburse the L/C Issuer on demand.
