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 if the issuance of a Letter of Credit (other than an Existing Letter of Credit) will be required on the Effective Date. The Borrowers shall have executed the Issuing Bank's master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Visteon 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 (other than an Existing Letter of Credit) will be required on the Effective Date. The Borrowers shall have executed the Issuing Bank's ’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 an Existing Letter of Credit) will be required on the Effective Date. The Borrowers shall have executed the applicable Issuing Bank's ’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 if the issuance of a Letter of Credit (other than an Existing Letter of Credit) will be required on the Effective Date. The Borrowers In any Letter of Credit which may be requested may be a commercial letter of credit, the Borrower shall have executed the Issuing Bank's ’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 the issuance of a Letter of Credit (other than an Existing Letter of Credit) will be required on the Effective Date. The Borrowers Borrower shall have executed the Issuing Bank's ’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 Borrowers If applicable, the Borrower shall have executed the Issuing Bank's ’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 if in the form required by the Issuing Bank for the issuance of a Letter of Credit (other than an Existing Letter Letters of Credit) will be required on the Effective Date. The Borrowers shall have also executed the Issuing Bank's master agreement ’s standard documentation for the issuance of commercial 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 (other than an the Existing Letter Letters of Credit) will be required on the Effective Date. The Borrowers Borrower shall have executed the Issuing Bank's ’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Us Concrete 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 Borrowers Borrower shall have executed the applicable Issuing Bank's ’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Inc)

Letter of Credit Application. The Administrative Agent shall have received a properly completed letter of credit application if the issuance of a Letter of Credit (other than an Existing Letter of Credit) will be required on the Effective Date. The Borrowers Administrative Agent shall have executed notify the Issuing Bank's master agreement for Borrower and the issuance Lenders of commercial Letters of Creditthe Effective Date, and such notice shall be conclusive and binding.

Appears in 1 contract

Samples: Credit Agreement (Myr Group Inc)

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