Letter of Credit Request Sample Clauses

Letter of Credit Request. See §2.10(a).
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Letter of Credit Request. To the extent that any material provision of any Letter of Credit Request related to any Letter of Credit is inconsistent with the provisions of this Section 3, the provisions of this Section 3 shall apply.
Letter of Credit Request. To the extent that any provision of any Letter of Credit Request related to any Letter of Credit is inconsistent with the provisions of this subsection 2.7, the provisions of this subsection 2.7 shall apply.
Letter of Credit Request. Subject to the terms and conditions set forth herein, the Company may request the issuance of, and each Issuing Lender, in reliance on the agreements of the Lenders set forth in Section 2.08 hereof, agrees to issue Financial Letters of Credit and Performance Letters of Credit at any time and from time to time during the period from the Closing Date through the date that is seven Business Days prior to the Maturity Date. To request the issuance of a Letter of Credit, the Company shall deliver to the applicable Issuing Lender and the Administrative Agent (reasonably in advance of the requested date of issuance, and, in any event, not less than five Business Days prior to such requested date of issuance) an Application requesting the issuance of such Letter of Credit and specifying the date of issuance (which shall be a Business Day), the address of the beneficiary thereof, the amount and currency of such Letter of Credit, the type of such Letter of Credit (Financial Letter of Credit or Performance Letter of Credit) and such other information as shall be necessary to prepare such Letter of Credit (and the Administrative Agent shall promptly provide notice to each Lender of each issuance of a Letter of Credit hereunder). To request the amendment of a Letter of Credit, the Company shall deliver to the applicable Issuing Lender and the Administrative Agent (reasonably in advance of the requested date of amendment, and, in any event, not less than three Business Days prior to such requested date of amendment) an Application requesting the amendment of such Letter of Credit and specifying such other information as shall be necessary to prepare such amendment (and the Administrative Agent shall promptly provide notice to each Lender of each amendment of a Letter of Credit hereunder). Notwithstanding anything to the contrary contained herein, no Issuing Lender shall issue or amend any Letter of Credit if, after giving effect to such issuance or amendment, (i) subject to Section 2.04(d) and Section 2.12(b), the Dollar Equivalent of the aggregate Revolving Credit Exposures would exceed the Aggregate Commitments, (ii) subject to Section 2.04(d) and Section 2.12(b), the Dollar Equivalent of the sum of the aggregate outstanding Revolving Advances and the LC Exposure in respect of Financial Letters of Credit would exceed the Revolving Facility Sublimit or (iii) subject to Section 2.12(b), the Dollar Equivalent of the aggregate face amount of all Letters of Credit issued a...
Letter of Credit Request. The Issuing Lender shall have received a correct and complete request for the issuance of the Letter of Credit.
Letter of Credit Request. On the terms and conditions set forth in this Credit Agreement, and so long as no Event of Default or Potential Default has occurred (or if a Potential Default or an Event of Default has occurred, it has been waived in writing by the Administrative Agent in accordance with the provisions of Section 15.10 hereof), Borrower may request the issuance of one or more documentary letters of credit or standby letters of credit as Letters of Credit pursuant to the conditions and limitations set forth below.
Letter of Credit Request. See §3.1(a).
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Letter of Credit Request. See Section 11.5.
Letter of Credit Request. With respect to the issuance of any Letter of Credit, the Letter of Credit Issuer shall have received a request completed to its satisfaction and conforming to the requirements set forth in Section 2.4(d), and such other certificates, documents and other information as the Letter of Credit Issuer may reasonably request. The acceptance of the benefits of each Credit Event (other than, if applicable, any Agent Advances) after the Closing Date shall constitute a representation and warranty by each Loan Party to each of the Lenders that all the applicable conditions specified in Section 5 above have been satisfied as of that time.
Letter of Credit Request. On the terms and conditions set forth in this Credit Agreement, and so long as no Event of Default or Potential Default has occurred and is continuing (or if an Event of Default or Potential Default has occurred and is continuing, it has been waived in writing by Lender), Borrower, and each of them, may request the issuance of one or more documentary letters of credit or standby letters of credit for the benefit of Borrower (“Letters of Credit”) by sending, not later than 12:00 noon (Mountain time) on a Banking Day at least one (1) Banking Day before the issuance date, a request therefore via TSOL, Trade Services On Line (“LC Request”) to Lender. The LC Request shall set forth the following information with respect to the requested Letter of Credit: (a) the face amount and expiry date, (b) the name of the beneficiary, (c) the terms thereof, and (d) such other information as the Lender shall request. In no event may the expiry date of a Letter of Credit be later than the Revolving Maturity Date unless at the time of its issuance (x) Lender determines that such extended expiry date is consistent with Borrower’s usual and customary practices for Letters of Credit transactions during the immediately preceding twelve (12) months; and (y) Borrower agrees that, (i) this Credit Agreement and the other Loan Documents shall remain in effective and enforceable solely to enable Lender to fund any draws under each such Letter of Credit, and (ii) at Lender’s option, on the Revolving Maturity Date, Borrower shall take such action as Lender shall require to grant to Lender a security interest in property approved by Lender and sufficient in liquidation value to cover the undrawn face amount of all such Letters of Credit.
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