Common use of Letter of Credit Application Clause in Contracts

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The Borrower shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Inc)

AutoNDA by SimpleDocs

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The Borrower shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial any Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Exactech Inc)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit (other than an Existing Letter of Credit) will be required on the Effective Date. The Borrower Borrowers shall have executed the applicable Issuing Bank’s 's master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Visteon Corp

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The Borrower Borrowers shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of CreditCredit (if applicable).

Appears in 1 contract

Samples: Credit Agreement (Interline Brands, Inc./De)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Creditbe conclusive and binding.

Appears in 1 contract

Samples: Credit Agreement (Myr Group Inc)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The In any Letter of Credit which may be requested may be a commercial letter of credit, the Borrower shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.the

Appears in 1 contract

Samples: Credit Agreement (Escalade Inc)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if in the issuance of a Letter of Credit will be form required on by the Effective Date. The Borrower shall have executed the applicable Issuing Bank’s master agreement Bank for the issuance of commercial Letters of Credit. The Borrowers shall have also executed the Issuing Bank’s standard documentation for the issuance of Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Catalyst Paper Corp)

AutoNDA by SimpleDocs

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The If applicable, the Borrower shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Natural Grocers by Vitamin Cottage, Inc.)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit will be required on the Effective Date. The Borrower Borrowers shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.. (m)

Appears in 1 contract

Samples: Execution Version Credit Agreement (Lawson Products Inc/New/De/)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application (whether standalone or pursuant to a master agreement, as applicable) if the issuance of a Letter of Credit (other than the Existing Letters of Credit) will be required on the Effective Date. The Borrower shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Us Concrete Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.