Common use of Notice and Reports Clause in Contracts

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, disseminate to each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments or expirations which may have occurred.

Appears in 4 contracts

Samples: Credit Agreement (Kendle International Inc), Credit Agreement (Flo Fill Co Inc), Credit Agreement (Kendle International Inc)

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Notice and Reports. The request for the issuance of a Letter of ------------------ Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, disseminate to each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments payment or expirations which may have occurred.

Appears in 2 contracts

Samples: Credit Agreement (Engineered Support Systems Inc), Credit Agreement (National Equipment Services Inc)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, disseminate to the Agent who will forward to each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments payment or expirations which may have occurred.

Appears in 2 contracts

Samples: Credit Agreement (Healthtronics Surgical Services Inc), Credit Agreement (Healthtronics Surgical Services Inc)

Notice and Reports. The request for the issuance of a Letter of ------------------ Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, disseminate to each of the affected Lenders Banks a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Ethyl Corp)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, disseminate to each of the affected Revolving Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Cluett Peabody & Co Inc /De)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender Administrative Agent will, at least quarterly and more frequently upon request, disseminate to each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Compbenefits Corp)

Notice and Reports. The request for the issuance of a Letter of ------------------ Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon requestrequest by a Lender, disseminate to the Borrower and each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the amount, expiry date, date as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Dyson Kissner Moran Corp)

Notice and Reports. The request for the issuance of a Letter of ------------------ Credit shall be submitted by the Borrower to the applicable Issuing Lender and the Agent at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender Agent will, at least quarterly and more frequently upon request, disseminate to each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Potlatch Corp)

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Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower Borrowers to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon reasonable request, disseminate to each of the affected Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the amount, expiry date, date as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Inex Corp)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower to the Issuing Lender at least three five (35) Business Days prior to the requested date of issuance. The Issuing Lender will, at least will provide to the Administrative Agent for dissemination to the Revolving Lenders on a quarterly and more frequently upon request, disseminate to each of the affected Lenders basis a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior previous quarter’s report, and including therein, among other things, the account party, the beneficiary, the face amount and the amount, expiry date, date as well as any payments or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Orthofix International N V)

Notice and Reports. The request for the issuance of a Letter of ------------------ Credit shall be submitted by the Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, disseminate deliver to each of the affected Lenders Lenders, with a copy to the Borrower, a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the beneficiary, the face amount and the expiry date, as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Lincare Holdings Inc)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Borrower to the Issuing Lender Bank at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender Bank will, at least quarterly and more frequently upon request, disseminate to each of the affected Lenders Banks a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the most recent prior report, and including therein, among other things, the account party, the beneficiary, the face amount and the expiry date, date as well as any payments payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Watson Wyatt & Co)

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