Common use of Issuance of Letter of Credit Clause in Contracts

Issuance of Letter of Credit. Subject to the terms and conditions of this Agreement and the Letter of Credit Request, and subject to the policies, procedures, and requirements of Lender in effect from time to time for the issuance of any letter of credit (including without limitation payment of letter of credit fees), Lender agrees to issue on or before the Maturity Date a Letter of Credit upon request by and for the account of the Borrower, provided that Borrower has delivered to Lender:

Appears in 2 contracts

Samples: Credit Loan Agreement (William Lyon Homes), Credit Loan Agreement (William Lyon Homes)

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Issuance of Letter of Credit. Subject to the terms and conditions of this Agreement and the Letter of Credit Request, and subject to the policies, procedures, and requirements of Lender in effect from time to time for the issuance of any letter of credit (including without limitation payment of letter Letter of credit feesCredit Fees), Lender agrees to issue on or before the Maturity Date a Letter of Credit upon request by and for the account of the Borrower, provided that Borrower has delivered to Lender:

Appears in 1 contract

Samples: Credit Loan Agreement (William Lyon Homes)

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Issuance of Letter of Credit. Subject to the terms and conditions of this Agreement and the Letter of Credit Request, and subject to the policies, procedures, and requirements of Lender in effect from time to time for the issuance of any letter of credit (including without limitation payment of letter the Letter of credit feesCredit Fee), Lender agrees to issue on or before the Maturity Date a Letter of Credit upon request by and for the account of the Borrower, provided that Borrower has delivered to Lender:

Appears in 1 contract

Samples: Credit Loan Agreement (TRI Pointe Homes, Inc.)

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