Application Form For Parties Wishing To Offer, Render, Furnish, Or Supply Electricity Or Electric Generation Services To The Public In The Commonwealth Of Pennsylvania Page 25
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31Appendix E (Continued)
THE SAID AMOUNT IS AVAILABLE BY DRAFTS ON US BY THE PENNSYLVANIA PUBLIC UTILITY COMMISSION
("PUC") AT SIGHT ACCOMPANIED BY THE PUC'S LETTER REQUESTING PAYMENT UNDER THIS CREDIT AND
PURPORTEDLY SIGNED BY AN OFFICER OF THE PUC. SUCH LETTER FROM THE PUC SHALL INCLUDE A
STATEMENT OF THE AMOUNT OWED THE PUC AND THAT "SUCH AMOUNT IS DUE TO THE PUC PURSUANT
TO THE PUBLIC UTILITY CODE, GROSS RECEIPTS TAX OR ELECTRICITY SUPPLY OBLIGATIONS OF _______
LICENSE TO OFFER, RENDER, FURNISH OR SUPPLY ELECTRICITY OR ELECTRIC GENERATION SERVICES
TO THE PUBLIC IN THE COMMONWEALTH OF PENNSYLVANIA; AND, THAT __________ FAILED TO PAY THAT
AMOUNT."
PARTIAL DRAWINGS ARE PERMITTED UNDER THIS CREDIT.
THIS LETTER OF CREDIT EXPIRES AT THIS OFFICE AT OUR CLOSE OF BUSINESS ON ____________.
IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT WILL BE AUTOMATICALLY EXTENDED FOR
PERIODS OF ONE YEAR EACH FROM THE PRESENT OR ANY FUTURE EXPIRY DATE, UNLESS WE NOTIFY
YOU IN WRITING AT LEAST 90 DAYS PRIOR TO SUCH EXPIRY DATE THAT WE ELECT NOT TO FURTHER
EXTEND THIS LETTER OF CREDIT UPON RECEIPT OF SUCH NOTICE, YOU MAY DRAW ON THIS LETTER OF
CREDIT, UP TO THE UNUSED BALANCE, BY PRESENTATION OF YOUR SIGHT DRAFT DRAWN ON _____Bank,
____Location, ON OR BEFORE THE THEN RELEVANT EXPIRY DATE.
EACH DRAFT MUST BE MARKED "DRAWN UNDER ON _____Bank, ____Location, LETTER OF CREDIT NUMBER
_____________.”
EXCEPT SO FAR AS OTHERWISE EXPRESSLY STATED HEREIN, THIS LETTER OF CREDIT IS SUBJECT TO
THE “UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1993 REVISION), INTERNATIONAL
CHAMBER OF COMMERCE PUBLICATION NO. 500".
WE HEREBY AGREE WITH YOU THAT YOUR DRAFTS DRAWN HEREUNDER AND IN COMPLIANCE WITH THE
TERMS OF THIS LETTER OF CREDIT WILL BE DULY HONORED IF PRESENTED TO US AT OUR ADDRESS
SHOWN ABOVE BEFORE OUR CLOSE OF BUSINESS ON THE ABOVE MENTIONED DATE.
___________________________
___________________________
AUTHORIZED SIGNATURE
AUTHORIZED SIGNATURE
22
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Scc767/929 - Application For A Certificate Of Withdrawal Of A Foreign Corporation Authorized To Transact Business In Virginia - Commonwealth Of Virginia State Corporation Commission
Legal
Form Rev-1140 As - Little Cigars Shipping Report - Weight Of Little Cigars Shipped Into The Commonwealth Of Pennsylvania
Financial
Form Rev-1140 - Little Cigars Shipping Report Weight Of Little Cigars Shipped Into The Commonwealth Of Pennsylvania
Financial
Form Rv-f1300601 - Affidavit To The Commissioner Of Revenue For The Purpose Of Filing An Application For A Certificate Of Title Without Payment Of Sales Or Use Tax
Financial
Form Ia 1139-nol - Application For Refund Due To The Carryback Of Net Operating Losses And Alternative Minimum Tax Losses For Years Beginning Prior To January 1, 2009 Only
Financial
Related Categories
Parent category: Legal