Termination Demand definition

Termination Demand means a demand for a LOC Termination Disbursement under the Series 1998-1 Letter of Credit pursuant to a Certificate of Termination Demand.
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Termination Demand is defined in Section 5.3. "Title Company" is defined in Article 7. "Title Documents" is defined in Section 8.1.1. "Title Policy" is defined in Article 7. "Title Report" is defined in Section 8.1.1(i). "Visual Map" shall mean the cross-hatched area attached as Exhibit F.
Sample 1

Examples of Termination Demand in a sentence

  • Any Credit Demand, Unpaid Demand Note Demand, Preference Payment Demand or Termination Demand may be delivered by facsimile transmission.

  • ANNEX D CERTIFICATE OF TERMINATION DEMAND [Issuing Bank’s Address] Attention: [Global Loan Operations, Standby Letter of Credit Unit] Certificate of Termination Demand under the Irrevocable Letter of Credit No. [ ] (the “Series 2013-A Letter of Credit”), dated [ ], issued by [ ], as the Issuing Bank, in favor of the Trustee.

  • If the Series 2002-1 Letter of Credit Provider receives any Credit Demand or Termination Demand at such office, all in strict conformity with the terms and conditions of this Series 2002-1 Letter of Credit, not later than 1:00 p.m. (New York City time) on a Business Day prior to the termination hereof, the Series 2002-1 Letter of Credit Provider will make such funds available by 4:00 p.m. (New York City time) on the same day in accordance with your payment instructions.

  • The Trustee shall deliver the original executed counterpart of such Credit Demand, Unpaid Demand Note Demand, Preference Payment Demand or Termination Demand, as the case may be, to the Issuing Bank by means of overnight courier.

  • ANNEX B CERTIFICATE OF TERMINATION DEMAND [ ] [ADDRESS] Telecopier: [ ] Attention: Standby Letter of Credit Department Certificate of Termination Demand under the Irrevocable Letter of Credit No. [ ] (the “Series 2011-2 Letter of Credit”; the terms defined therein and not otherwise defined herein being used herein as therein defined), dated as of [ ], issued by [ ], as the Series 2011-2 Letter of Credit Provider, in favor of Deutsche Bank Trust Company Americas, as the Trustee.

  • Each Credit Demand and Termination Demand shall be dated the date of its presentation, and shall be presented (and, for the avoidance of doubt, may be presented by way of facsimile in accordance with the notice provisions set out below) to the Issuing Bank at the Issuing Bank’s Office, Attention: [●].

  • If the Series 2004-1 Letter of Credit Provider receives any Credit Demand or Termination Demand at such office, all in strict conformity with the terms and conditions of this Series 2004-1 Letter of Credit, not later than 1:00 p.m. (New York City time) on a Business Day prior to the termination hereof, the Series 2004-1 Letter of Credit Provider will make such funds available by 4:00 p.m. (New York City time) on the same day in accordance with your payment instructions.

  • If the Series 1997-1 Letter of Credit Provider receives any Credit Demand or Termination Demand at such office, all in strict conformity with the terms and conditions of this Series 1997-1 Letter of Credit, not later than 1:00 p.m. (New York City time) on a Business Day prior to the termination hereof, the Series 1997-1 Letter of Credit Provider will make such funds available by 4:00 p.m. (New York City time) on the same day in accordance with your payment instructions.

  • All payments made by the Issuing Bank under this Letter of Credit shall be made by deposit of same day funds into the designated account specified in the relevant Credit Demand or Termination Demand, as the case may be, and shall be made with the Issuing Bank’s own funds.

  • ANNEX B CERTIFICATE OF TERMINATION DEMAND Bank of America, N.A. [ADDRESS] Telecopier: [__] Attention: [__] Certificate of Termination Demand under the Irrevocable Letter of Credit No. [__] (the “Series [TBD] Letter of Credit”; the terms defined therein and not otherwise defined herein being used herein as therein defined), dated as of [TBD], 201_, issued by Bank of America, N.A., as the Series [TBD] Letter of Credit Provider, in favor of Deutsche Bank Trust Company Americas, as the Trustee.

Related to Termination Demand

  • Certificate of Termination Demand means a certificate substantially in the form of Annex C to any Multi-Series Letter of Credit.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • on demand means a system where a user, subscriber or viewer is enabled to access, at a time chosen by such user, any content in electronic form, which is transmitted over a computer resource and is selected by the user;

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Servicer Termination Notice Defined in Section 6.15.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Review Demand Date means, for a Review, the date when the Indenture Trustee determines that each of (a) the Delinquency Trigger has occurred and (b) the required percentage of Noteholders has voted to direct a Review under Section 7.2 of the Indenture.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.