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. If applicable, the Borrower shall have executed the Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Sources: 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. If applicable, the The Borrower shall have executed the Issuing Bank’s master agreement for the issuance of commercial any Letters of Credit.

Appears in 1 contract

Sources: 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 will be required on the Effective Date. If applicable, the Borrower The 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

Sources: 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 (other than an Existing Letter of Credit) will be required on the Effective Date. If applicable, the Borrower The Borrowers shall have executed the Issuing Bank’s 's master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Sources: Credit Agreement (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 (other than the Existing Letters of Credit) will be required on the Effective Date. If applicable, the The Borrower shall have executed the Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Sources: 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 in the form required by the Issuing Bank for the issuance of a Letter Letters of Credit will be required on the Effective DateCredit. If applicable, the Borrower The Borrowers shall have also executed the Issuing Bank’s master agreement standard documentation for the issuance of commercial Letters of Credit.

Appears in 1 contract

Sources: Credit Agreement (Catalyst Paper 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. If applicableIn any Letter of Credit which may be requested may be a commercial letter of credit, the Borrower shall have executed the Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.the

Appears in 1 contract

Sources: 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 will be required on the Effective Date. If applicablea commercial 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.

Appears in 1 contract

Sources: Credit Agreement (SANUWAVE Health, 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. If applicable, the The Borrower shall have executed the applicable Issuing Bank’s master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Sources: Credit Agreement (Sunoco 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. If applicable, the The U.S. Borrower shall have executed the Issuing Bank’s 's master agreement for the issuance of commercial Letters of Credit.

Appears in 1 contract

Sources: Credit Agreement (Dura Automotive Systems 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. If applicable, The Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall have executed the Issuing Bank’s master agreement for the issuance of commercial Letters of Creditbe conclusive and binding.

Appears in 1 contract

Sources: Credit Agreement (Myr Group Inc)