Common use of Commitment to Issue Letters of Credit Clause in Contracts

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s customary form (a “Letter of Credit Application”), the Administrative Agent on behalf of the Lenders and in reliance upon the agreement of the Lenders set forth in §4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “Letter of Credit”), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding shall not exceed the Total Commitment at such time.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §4.1.4 Section 5.1.4 below and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, agrees to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, each a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 at any one time time, and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Tranche A Loans outstanding shall not exceed the Total Tranche A Commitment at such timeAmount.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §4.1.4 Section 5.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 5,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Revolving Credit Loans outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Managing Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Managing Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §4.1.4 Section 5.1.4 below and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, agrees to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, each a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Managing Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 at any one time time, and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Tranche A Loans outstanding shall not exceed the Total Tranche A Commitment at such timeAmount.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “Letter of Credit Application”"LETTER OF CREDIT APPLICATION"), the Administrative Agent on behalf of the Lenders and in reliance upon the agreement of the Lenders set forth in §4.1.4 SECTION 5.1.4 below and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, agrees to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, each a “Letter of Credit”"LETTER OF CREDIT"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; providedPROVIDED, howeverHOWEVER, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 9,000,000 at any one time and time, (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Revolving Credit Loans outstanding shall not exceed the lesser of (A) the Total Commitment at and (B) the Borrowing Base and (c) the principal amounts outstanding under the UK Facility (including the maximum amount available to be drawn under letters of credit and other collateral instruments issued under such timefacility) shall equal or exceed (pound)2,000,000.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent and, in case of the Chase Letter of Credit, Chase, on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 100,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Revolving Credit Loans outstanding shall not exceed the Total Commitment at such timeAvailability; provided, further, that Chase shall issue, extend or renew no Letters of Credit other than the Chase Letter of Credit.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; providedPROVIDED, howeverHOWEVER, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 20,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Revolving Credit Loans outstanding shall not exceed the Total Commitment at such timeAvailability.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 55,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower Borrowers of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 hereof and upon the representations and warranties of the Borrower Borrowers contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of any of the Borrower Borrowers one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower Borrowers and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 20,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding shall not exceed the Total Commitment at such timeMaximum Availability.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; providedPROVIDED, howeverHOWEVER, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 5,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding Outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower or any of its Subsidiaries of a letter of credit application on the Administrative Agent’s Issuing Bank's customary form (a “Letter of Credit Application”"LETTER OF CREDIT APPLICATION"), the Administrative Agent Issuing Bank on behalf of the Lenders other Banks and in reliance upon the agreement of the Lenders other Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower or any of its Subsidiaries one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower or any of its Subsidiaries and agreed to by the Administrative AgentIssuing Bank; providedPROVIDED, howeverHOWEVER, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 70,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding Total Outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower or any of its Subsidiaries of a letter of credit application on the Administrative Agent’s Issuing Bank's customary form (a “"Letter of Credit Application”"), the Administrative Agent Issuing Bank on behalf of the Lenders other Banks and in reliance upon the agreement of the Lenders other Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower or any of its Subsidiaries one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower or any of its Subsidiaries and agreed to by the Administrative AgentIssuing Bank; providedPROVIDED, howeverHOWEVER, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding Total Outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 25,000,000 at any one time time, and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, Obligations and (iii) the amount of all Revolving Credit Loans outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower Borrowers of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower Borrowers contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower Borrowers one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower Borrowers and agreed to by the Administrative Agent; providedPROVIDED, howeverHOWEVER, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 10,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Loans outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §4.1.4 Section 5.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 E10,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the Euro Equivalent of the amount of all Revolving Credit Loans outstanding shall not exceed the Total Commitment at such timeCommitment.

Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof and the execution and delivery by the Borrower of a letter of credit application on the Administrative Agent’s 's customary form (a “"Letter of Credit Application”"), the Administrative Agent on behalf of the Lenders Banks and in reliance upon the agreement of the Lenders Banks set forth in §Section 4.1.4 and upon the representations and warranties of the Borrower contained herein, agrees, in its individual capacity, to issue, extend and renew for the account of the Borrower one or more standby or documentary letters of credit (individually, a “"Letter of Credit”"), in such form as may be requested from time to time by the Borrower and agreed to by the Administrative Agent; provided, however, that, after giving effect to such request, (a) the sum of the aggregate Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not exceed $50,000,000 5,000,000 at any one time and (b) the sum of (i) the Maximum Drawing Amount on all Letters of Credit, (ii) all Unpaid Reimbursement Obligations, and (iii) the amount of all Revolving Credit Loans outstanding shall not exceed the lesser of (A) the Total Commitment at such timeand (B) the Borrowing Base.