Common use of Procedure for Issuance of Letter of Credit Clause in Contracts

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Credit. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 14 contracts

Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)

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Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the relevant Issuing Lender issue a Letter of Credit (or amend, renew or extend an outstanding Letter of Credit) by delivering to such Issuing Lender at its address for notices specified herein to the Borrower by such Issuing Lender an Application therefor, with a copy to the Administrative Agent, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue (or amend, renew or extend, as the case may be) the Letter of Credit requested thereby (but in no event without the consent of the applicable Issuing Lender shall any Issuing Lender be required to issue (or amend, renew or extend, as the case may be) any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit (or such amendment, renewal or extension, as the case may be) to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance (or such amendment, renewal or extension, as the case may be) thereof. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the relevant Revolving Lenders, notice of the issuance (or such amendment, renewal or extension, as the case may be) of each Letter of Credit issued by it (including the amount thereof).

Appears in 12 contracts

Samples: Guarantee and Collateral Agreement (Booz Allen Hamilton Holding Corp), Credit Agreement (Booz Allen Hamilton Holding Corp), Credit Agreement (Booz Allen Hamilton Holding Corp)

Procedure for Issuance of Letter of Credit. The Borrower or any Subsidiary Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower or relevant Subsidiary Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower or relevant Subsidiary Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 11 contracts

Samples: Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender (with a copy to the Administrative Agent) at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly (but in no event more than five Business Days following the receipt of such Application) issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by the Issuing Lender and the Borrower (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an the Issuing Lender of a Letter of Credit, such the Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each The Issuing Lender shall promptly furnish shall, within three days of such issuance, give to the Administrative Agent, which shall in turn promptly furnish to the Lenders, Agent notice of the issuance of each Letter of Credit issued by it (including the amount thereof). Upon the written request of any Lender, the Administrative Agent will, within three Business Days of such request, inform such Lender of the aggregate drawable amount of all Letters of Credit outstanding on the date of such request.

Appears in 9 contracts

Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (Sba Communications Corp), Credit Agreement (Sba Communications Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering an Application therefor to such Issuing Lender Lender, with a copy to the Administrative Agent, at its address their respective addresses for notices specified herein an Application thereforherein, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the applicable Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The applicable Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The applicable Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, Agent notice of the issuance of each such Letter of Credit issued by it (including the amount thereof), together with a copy of such Letter of Credit, whereupon the Administrative Agent shall in turn promptly furnish such notice to the Lenders and a copy of such Letter of Credit to any Lender requesting the same.

Appears in 9 contracts

Samples: Letter of Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Dominion Resources Inc /Va/)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request. Concurrently with respect the delivery of an Application to an Issuing Lender, the Borrower shall deliver a copy thereof to the requested Letter of CreditAdministrative Agent. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the face amount thereof), and shall provide a copy of such Letter of Credit to the Administrative Agent as soon as possible after the date of issuance.

Appears in 9 contracts

Samples: Credit Agreement (National CineMedia, Inc.), Credit Agreement (Hudson Pacific Properties, Inc.), Credit Agreement (National CineMedia, Inc.)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an Issuing Lender issue a Letter of Credit (or amend, renew, cancel or extend an outstanding Letter of Credit) by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, Lender and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue issue, amend, renew, cancel or extend the Letter of Credit as requested thereby (but in no event shall any such Issuing Lender be required to issue issue, amend, renew, cancel or extend any Letter of Credit (a) earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating theretothereto or (b) that would violate one or more of such Issuing Lender’s customary, generally applicable policies pertaining to the issuance of letters of credit) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the relevant Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit or amendment, renewal, cancellation or extension thereof to the Borrowerrelevant Borrower promptly following the issuance, amendment, renewal, cancellation or extension thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof), as well as notice of any amendments to, payments on or cancellations of such Letter of Credit, or any other change that would extend the expiry date of such Letter of Credit.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Dominion Energy South Carolina, Inc.), Revolving Credit Agreement (Dominion Energy, Inc), Revolving Credit Agreement (South Carolina Electric & Gas Co)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 8 contracts

Samples: Credit Agreement (Roundy's, Inc.), Credit Agreement (Lodgenet Entertainment Corp), Guarantee and Collateral Agreement (CKX, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, with a copy to the Administrative Agent, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof). Upon the written request of any Revolving Credit Lender, the Administrative Agent will, within three Business Days of such request, inform such Revolving Credit Lender of the aggregate drawable amount of all Letters of Credit outstanding on the date of such request.

Appears in 8 contracts

Samples: Credit Agreement (Cinemark Holdings, Inc.), Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Holdings, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering (including via electronic delivery) an Application therefor to such Issuing Lender at its address for notices specified herein an Application thereforon Schedule 1.1E or such other address as such Issuing Lender shall notify to the Borrower, completed to the reasonable satisfaction of such Issuing Lender, and such other certificatesinformation describing the purpose of the Letter of Credit, documents whether such Letter of Credit is a Financial Letter of Credit or a Performance Letter of Credit and other papers and information the location of the related project or development as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will process such Application and such information describing the certificates, documents purpose of the Letter of Credit and other papers and information the location of the related project or development delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue issue, unless such Issuing Lender has received written notice from any Lender, the Administrative Agent or the Borrower, at least one (1) Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in Section 5.2 shall not be satisfied, the Letter of Credit requested thereby within two (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three 2) Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and requested information relating thereto) thereto by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower and the Administrative Agent promptly following the issuance thereof. Each Such Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 7 contracts

Samples: Credit Agreement (Woodside Homes, Inc.), Credit Agreement (AV Homes, Inc.), Second Amendment (M I Homes Inc)

Procedure for Issuance of Letter of Credit. The Borrower or any Subsidiary Borrower may from time to time request that an any Issuing Lender issue or amend a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the relevant Issuing Lender and the Borrower or relevant Subsidiary Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The relevant Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower or relevant Subsidiary Borrower promptly following the issuance thereof. Each The relevant Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 7 contracts

Samples: Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Administrative Agent and the Issuing Lender at its address their respective addresses for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 7 contracts

Samples: Credit Agreement (Air Lease Corp), Credit Agreement (Air Lease Corp), Credit Agreement (Air Lease Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the relevant Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein to the Borrower by such Issuing Lender an Application therefor, with a copy to the Administrative Agent, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event without the consent of the applicable Issuing Lender shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the relevant Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 6 contracts

Samples: Credit Agreement (Allison Transmission Holdings Inc), Credit Agreement (Yankee Finance, Inc.), Credit Agreement (Allison Transmission Holdings Inc)

Procedure for Issuance of Letter of Credit. The Borrower or any Foreign Subsidiary Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such the relevant Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower or the relevant Foreign Subsidiary Borrower, as the case may be. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The relevant Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower or the relevant Foreign Subsidiary Borrower, as the case may be, promptly following the issuance thereof. Each The relevant Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof)) in accordance with Section 3.9.

Appears in 6 contracts

Samples: Credit Agreement (Kadant Inc), Credit Agreement (Kadant Inc), Credit Agreement (Kadant Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request. Concurrently with respect the delivery of an Application to an Issuing Lender, the Borrower shall deliver a copy thereof to the requested Letter of CreditAdministrative Agent. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the face amount thereof), and shall provide a copy of such Letter of Credit to the Administrative Agent as soon as possible after the date of issuance.

Appears in 6 contracts

Samples: Credit Agreement (Chatham Lodging Trust), Credit Agreement (Chatham Lodging Trust), Credit Agreement (U-Store-It Trust)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the relevant Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein to the Borrower by such Issuing Lender an Application therefor, with a copy to the Administrative Agent, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event without the consent of the applicable Issuing Lender shall any Issuing Lender be required to issue any Letter of Credit earlier than three five Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the relevant Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 5 contracts

Samples: Credit Agreement (Macquarie Infrastructure CO LLC), Credit Agreement (PGA Holdings, Inc.), Credit Agreement (PGA Holdings, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request. Concurrently with respect the delivery of an Application to an Issuing Lender, the Borrower shall deliver a copy thereof to the requested Letter of CreditAdministrative Agent. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerCompany. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the face amount thereof), and shall provide a copy of such Letter of Credit to the Administrative Agent as soon as possible after the date of issuance.

Appears in 5 contracts

Samples: Credit Agreement (Verint Systems Inc), Refinancing Amendment and Joinder Agreement (Verint Systems Inc), Credit Agreement (Verint Systems Inc)

Procedure for Issuance of Letter of Credit. The Borrower Company may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender (with a copy to the Administrative Agent) at its address for notices specified herein an Application therefortherefor not later than 1:00 p.m. New York City time at least two Business Days (or such later date and time as the Administrative Agent and the Issuing Lender may agree in a particular instance in their sole discretion) prior to the proposed issuance, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect request. Such Letter of Credit Application may be sent by facsimile, by United States mail, by overnight courier, by electronic transmission using the system provided by the Issuing Lender, by personal delivery or by any other means acceptable to the requested Letter of CreditIssuing Lender. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures procedures, calculate the Multicurrency Equivalent of such Letter of Credit if it is to be denominated in a currency other than Dollars and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the BorrowerCompany. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerCompany promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 5 contracts

Samples: Credit Agreement (Corelogic, Inc.), Credit Agreement (Corelogic, Inc.), Credit Agreement (Corelogic, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefortherefor (and, with respect to Letters of Credit, delivery of a copy of such Application to the Administrative Agent), completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (and, with respect to Letters of Credit, to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount and stated maturity thereof).

Appears in 5 contracts

Samples: Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De), Guarantee and Collateral Agreement (Rent a Center Inc De)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request. Concurrently with respect the delivery of an Application to an Issuing Lender, the Borrower shall deliver a copy thereof to the requested Letter of CreditAdministrative Agent. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerCompany. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the face amount thereof).

Appears in 5 contracts

Samples: Guarantee and Collateral Agreement (Harsco Corp), Existing Credit Agreement (Harsco Corp), Credit Agreement (Harsco Corp)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an Issuing Lender issue a Letter of Credit for its account by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application (solely to the extent the L/C Obligations in respect of all Letters of Credit issued by such Issuing Lender would exceed such Issuing Lender’s Committed L/C Commitment after giving effect to such Application, an if such Issuing Lender agrees, in its sole discretion, to issue a Letter of Credit), such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each Such Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 5 contracts

Samples: Credit Agreement (Tempur Sealy International, Inc.), Credit Agreement (Tempur Sealy International, Inc.), Credit Agreement (Tempur Sealy International, Inc.)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an any Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the relevant Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The relevant Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerrelevant Borrower promptly following the issuance thereof. Each The relevant Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement (Colony Credit Real Estate, Inc.), Fourth Amendment (Colony Capital, Inc.), Credit Agreement (Colony Capital, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc), Credit Agreement (Dobson Communications Corp)

Procedure for Issuance of Letter of Credit. The Parent Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Parent Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerParent Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof). Any Subsidiary of the Parent Borrower may request the issuance of a Letter of Credit on the same terms as the Parent Borrower is entitled to do so, in which case the Parent Borrower shall be unconditionally liable in respect thereof in accordance with the provisions of this Section 3 whether or not the Parent Borrower authorized such Subsidiary to request such Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Roper Industries Inc), Credit Agreement (Roper Technologies Inc), Credit Agreement (Roper Industries Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender Bank issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein Bank an Application therefor, completed to the reasonable satisfaction of such Issuing LenderBank, and such other certificates, documents and other papers and information as such Issuing Lender Bank may reasonably request with respect to the requested Letter of Creditin connection therewith. Upon receipt of any Application, an such Issuing Lender Bank will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender Bank be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender Bank and the Borrower. Promptly after issuance by an Such Issuing Lender of a Letter of Credit, such Issuing Lender Bank shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each Such Issuing Lender Bank shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the LendersBanks, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: First Amendment (Scripps Networks Interactive, Inc.), Year Competitive Advance And (Scripps Networks Interactive, Inc.), Credit Facility Agreement (Scripps E W Co /De)

Procedure for Issuance of Letter of Credit. The A Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender and the Administrative Agent at its their respective address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement (Regal Entertainment Group), Credit Agreement (Regal Entertainment Group), Credit Agreement (Regal Cinemas Corp)

Procedure for Issuance of Letter of Credit. The Borrower Borrowers may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of the Issuing Lender and signed by a Responsible Officer and including agreed-upon draft language for such Letter of Credit reasonably acceptable to the applicable Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (SunCoke Energy Partners, L.P.), Credit Agreement (SunCoke Energy Partners, L.P.)

Procedure for Issuance of Letter of Credit. The Borrower Each of the Company and Capital Corporation may from time to time request that an Issuing Lender Bank issue a Letter of Credit by delivering to such Issuing Lender Bank at its address for notices specified herein an Application therefor, currently used by the applicable Issuing Bank, completed to the reasonable satisfaction of such Issuing LenderBank, and such other certificates, documents and other papers and information as such Issuing Lender Bank may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender Bank will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its reasonable customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender Bank be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender Bank and the such Borrower. Promptly after issuance by an An Issuing Lender of a Letter of Credit, such Issuing Lender Bank shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each An Issuing Lender Bank shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the LendersBanks, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement (Deere & Co), Assignment and Assumption (Deere & Co), Assignment and Assumption (Deere John Capital Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof). Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp)

Procedure for Issuance of Letter of Credit. The Borrower Company may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to request, including the requested currency in which such Letter of CreditCredit is to be denominated. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days (or four Business Days in the case of a Letter of Credit denominated in an Alternative Currency) after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the BorrowerCompany. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerCompany promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement (Lear Corp), Credit Agreement (Lear Corp), Credit Agreement (Lear Corp)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit Commercial L/C or Standby L/C for its account by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to notify the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance issuance, extension or amendment of each Letter Letters of Credit issued by it (including the amount thereof)and any drawings or other payments under Letters of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Sears Holdings Corp), Intercreditor Agreement (Sears Holdings Corp), Credit Agreement (Sears Roebuck Acceptance Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender and the Administrative Agent at its address their addresses for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the BorrowerBorrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after receipt by such Issuing Lender and the Administrative Agent of the Application therefor and all such other certificates, documents and other papers and information relating thereto). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower and the Administrative Agent. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 4 contracts

Samples: Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc)

Procedure for Issuance of Letter of Credit. The Borrower Borrowers may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, Lender and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit (a) earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating theretothereto or (b) that would violate one or more of such Issuing Lender’s customary, generally applicable policies pertaining to the issuance of letters of credit) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the relevant Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerrelevant Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 4 contracts

Samples: Revolving Credit Agreement (Dominion Resources Inc /Va/), Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (Dominion Resources Inc /Va/)

Procedure for Issuance of Letter of Credit. The Borrower Borrowers may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of the Issuing Lender and signed by a Responsible Officer and including agreed-upon draft language for such Letter of Credit reasonably acceptable to the applicable Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof). The Issuing Lender may send a Letter of Credit or conduct any communication to or from the beneficiary via the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) message or overnight courier, or any other commercially reasonable means of communicating with a beneficiary.

Appears in 3 contracts

Samples: Credit Agreement (SunCoke Energy, Inc.), Credit Agreement (SunCoke Energy Partners, L.P.), Credit Agreement (SunCoke Energy, Inc.)

Procedure for Issuance of Letter of Credit. The Designated Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Designated Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerDesignated Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Standby Letter of Credit issued by it (including the amount thereof). On each L/C Fee Payment Date, the Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the aggregate face amount of the Commercial Letters of Credit outstanding on such date.

Appears in 3 contracts

Samples: Credit Agreement (Kirklands Inc), Credit Agreement (Kirklands Inc), Credit Agreement (Kirklands Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefortherefor (with a copy to the Administrative Agent), completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein (with a copy to the Administrative Agent) an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (Extendicare Health Services Inc), Credit Agreement (Villa Pines Care LLC), Credit Agreement (Gallipolis Care LLC)

Procedure for Issuance of Letter of Credit. The Borrower and the Co-Borrower, as the case may be, may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information reasonably relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (Allscripts Healthcare Solutions, Inc.), Credit Agreement (Allscripts Healthcare Solutions, Inc.), Credit Agreement (Allscripts Healthcare Solutions, Inc.)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an Issuing Lender issue a Letter of Credit for its account by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each Such Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (Tempur Sealy International, Inc.), Credit Agreement (Tempur Sealy International, Inc.), Amendment and Restatement Agreement (Tempur Sealy International, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and, unless it has received written notice from any Lender, the Administrative Agent or a Loan Party at least one (1) Business Day prior to the requested date of issuance that a Default or Event of Default has occurred and is continuing, shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Medical Properties Trust Inc), Guarantee Agreement (MPT Operating Partnership, L.P.), Revolving Credit Agreement (Medical Properties Trust Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application with a copy to the Administrative Agent therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application with a copy to the Administrative Agent therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (UCI Holdco, Inc.), Credit Agreement (UCI Holdco, Inc.), Credit Agreement (Chefford Master Manufacturing Co Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the relevant Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The relevant Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The relevant Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, Agent notice of the issuance of each Letter of Credit issued by it (including the amount thereof). The Administrative Agent will furnish to the Revolving Credit Lenders (a) prompt notice of the issuance of each standby Letter of Credit and (b) a monthly report setting forth for the relevant month the total aggregate daily amount available to be drawn under commercial Letters of Credit that were outstanding during such month.

Appears in 3 contracts

Samples: Credit Agreement (International Home Foods Inc), Credit Agreement (Campfire Inc), Credit Agreement (International Home Foods Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request. Concurrently with respect the delivery of an Application to an Issuing Lender, the Borrower shall deliver a copy thereof to the requested Letter of CreditAdministrative Agent. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the BorrowerBorrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than two Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof), and shall provide a copy of such Letter of Credit to the Administrative Agent as soon as possible after the date of issuance.

Appears in 3 contracts

Samples: Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will promptly process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (Oci Holdings Inc), Credit Agreement (Concentra Operating Corp), Credit Agreement (Oci Holdings Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue issue, amend, renew (other than by automatic renewal) or extend a Letter of Credit by delivering to such the applicable Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue issue, amend, renew or extend (as applicable) the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue issue, amend, renew or extend any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (McGraw Hill Financial Inc), Assignment and Assumption (McGraw Hill Financial Inc), Year Credit Agreement (S&P Global Inc.)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an the Issuing Lender Bank issue a Letter of Credit for its account (on behalf of such Borrower or on behalf of any other Group Member) by delivering to such the Issuing Lender Bank and the Agent at its address their addresses for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing LenderBank, and such other certificates, documents and other papers and information as such the Issuing Lender Bank may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender Bank will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender Bank be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender Bank and the applicable Borrower. Promptly after issuance by an The Issuing Lender of a Letter of Credit, such Issuing Lender Bank shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The Issuing Lender Bank shall promptly furnish to notify the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance issuance, extension or amendment of each Letter Letters of Credit and any drawings or other payments under Letters of Credit issued by it (including the amount thereof)Issuing Bank. A request by a Borrower for issuance of a Letter of Credit may be subject to the effectiveness of an increase in the L/C Commitments of one of more L/C Lenders pursuant to Section 2.17.

Appears in 3 contracts

Samples: Credit and Reimbursement Agreement (Sears Holdings Corp), Letter of Credit and Reimbursement Agreement (Sears Holdings Corp), Credit and Reimbursement Agreement (Sears Holdings Corp)

Procedure for Issuance of Letter of Credit. (a) The Borrower Account Party may from time to time request that an the Issuing Lender issue issue, amend, renew or extend a Letter of Credit on behalf of the Account Party or its Subsidiaries by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue issue, amend, extend or renew the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue issue, amend, extend or renew any Letter of Credit earlier than three two Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating theretothereto unless the Issuing Lender agrees in its sole discretion) by issuing issuing, amending, renewing, or extending the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the BorrowerAccount Party. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall Account Party promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of following the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.), Control Agreement (Dynegy Inc.), Control Agreement (Dynegy Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering an Application therefor to such Issuing Lender Lender, with a copy to the Administrative Agent, at its address their respective addresses for notices specified herein an Application thereforherein, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, Agent notice of the issuance of each such Letter of Credit issued by it (including the amount thereof), together with a copy of such Letter of Credit, whereupon the Administrative Agent shall in turn promptly furnish such notice to the Lenders and a copy of such Letter of Credit to any Lender requesting the same.

Appears in 3 contracts

Samples: Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Dominion Resources Inc /Va/)

Procedure for Issuance of Letter of Credit. (a) The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith to be processed in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 3 contracts

Samples: Credit Agreement (Carbuyco, LLC), Credit Agreement (Adesa California, LLC), Credit Agreement (Auto Disposal of Memphis, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Senior Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Senior Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Senior Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Senior Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Senior Credit Agreement (Websense Inc), Senior Credit Agreement (Websense Inc)

Procedure for Issuance of Letter of Credit. (a) The Borrower may from time to time request that an a US Issuing Lender issue a US Letter of Credit by delivering to such US Issuing Lender Lender, with a copy to the Administrative Agent, at its address their addresses for notices specified herein an Application therefor, completed to the reasonable satisfaction of such US Issuing Lender, and such other certificates, documents and other papers and information as such US Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any such Application, an a US Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the US Letter of Credit requested thereby by issuing the original of such US Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such US Issuing Lender and the Borrower (but in no event shall any US Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an a US Issuing Lender of a US Letter of Credit, such US Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower and the Administrative Agent. Each US Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each US Letter of Credit issued by it such US Issuing Lender (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Waste Services, Inc.), Credit Agreement (Capital Environmental Resource Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the relevant Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender, not later than 1:00 p.m. on the third Business Day prior to the requested date of issuance of such Letter of Credit to be denominated in Dollars (or such other time as the applicable Issuing Lender may agree in a particular circumstance in its sole discretion), at its address for notices specified herein to the Borrower by such Issuing Lender an Application therefor, with a copy to the Administrative Agent, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the such Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the relevant Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Affinity Gaming), Credit Agreement (Affinity Gaming)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing L/C Lender issue a Letter of Credit by delivering to such the Issuing L/C Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing L/C Lender, and such other certificates, documents and other papers and information as such the Issuing L/C Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing L/C Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing L/C Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing L/C Lender and the Borrower. Promptly after issuance by an The Issuing Lender of a Letter of Credit, such Issuing L/C Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing L/C Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Centurylink, Inc), Credit Agreement (Centurylink, Inc)

Procedure for Issuance of Letter of Credit. The Parent Borrower (on its own behalf or on behalf of a Foreign Subsidiary Borrower) may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Parent Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerParent Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)

Procedure for Issuance of Letter of Credit. The Borrower Company may from time to time request that an the Issuing Lender Bank issue a Letter of Credit by delivering to such the Issuing Lender Bank at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing LenderBank, and such other certificates, documents and other papers and information as such the Issuing Lender Bank may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender Bank will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender Bank be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender Bank and the BorrowerCompany. Promptly after issuance by an The Issuing Lender of a Letter of Credit, such Issuing Lender Bank shall furnish a copy of such Letter of Credit to the BorrowerCompany promptly following the issuance thereof. Each The Issuing Lender Bank shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the LendersBanks, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Hca the Healthcare Co), Credit Agreement (Hca Inc/Tn)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an any Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the relevant Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The relevant Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The relevant Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Neogen Corp), Credit Agreement (Garden SpinCo Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the currency, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Muzak Holdings LLC), Credit Agreement (Business Sound Inc)

Procedure for Issuance of Letter of Credit. The Borrower Borrowers may from time to time request that an Issuing the Lender issue a Letter of Credit by delivering to such Issuing the Lender at its address for notices specified herein an L/C Application therefor, completed to the reasonable satisfaction of such Issuing the Lender, and such other certificates, documents and other papers and information as such Issuing the Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any L/C Application, an Issuing the Lender will process such L/C Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and, subject to the terms and conditions hereof, shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing the Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the L/C Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing the Lender and the BorrowerBorrowers. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing The Lender shall furnish a copy of such the Letter of Credit to the Borrower. Each Issuing Lender shall Borrowers promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of following the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Loan and Security Agreement (First Marblehead Corp), Loan and Security Agreement (First Marblehead Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, with a copy to the Administrative Agent, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Local Insight Yellow Pages, Inc.), Credit Agreement (Cinemark Usa Inc /Tx)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the relevant Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the relevant Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Six Flags, Inc.), Credit Agreement (Six Flags Inc)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an the Issuing Lender issue a Letter Commercial L/C or Standby L/C for its account (on behalf of Credit such Borrower or on behalf of any other Subsidiary of Holdings other than Sears Canada) by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the applicable Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to notify the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance issuance, extension or amendment of each Letter Letters of Credit issued by it (including the amount thereof)and any drawings or other payments under Letters of Credit.

Appears in 2 contracts

Samples: Intercreditor Agreement (Sears Holdings Corp), Credit Agreement (Sears Holdings Corp)

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Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to including in the requested Letter case of Creditletters of credit issued by Barclays Bank PLC, an LC Extension Request substantially in the form of Exhibit H-4. Upon receipt of any Application, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three (3) Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The applicable Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower and the Administrative Agent promptly following the issuance thereof. Each The applicable Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (National Mentor Holdings, Inc.), Credit Agreement (National Mentor Holdings, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing LenderLender and specifying the currency in which the Letter of Credit is to be issued, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Day International Group Inc), Senior Secured Credit Agreement (Day International Group Inc)

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, Lender and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit (a) earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating theretothereto or (b) that would violate one or more of such Issuing Lender’s customary, generally applicable policies pertaining to the issuance of letters of credit) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the relevant Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerrelevant Borrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Dominion Resources Inc /Va/), Revolving Credit Agreement (Dominion Resources Inc /Va/)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an such Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each Such Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Wta Inc), Credit Agreement (Appleton Papers Inc/Wi)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an any Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefortherefor (and, with respect to Letters of Credit, delivery of a copy of such Application to the Administrative Agent), completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The applicable Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (and, with respect to Letters of Credit, to the Administrative Agent) promptly following the issuance thereof. Each The applicable Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount and stated maturity thereof).

Appears in 2 contracts

Samples: Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp)

Procedure for Issuance of Letter of Credit. (a) The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit during the Revolving Commitment Period by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three two Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: bankrupt.com, Northwest Airlines Corp

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with, upon its request, a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Protection One Alarm Monitoring Inc), Credit Agreement (Protection One Alarm Monitoring Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefortherefor (which, for the avoidance of doubt, shall include the currency of the requested Letter of Credit), completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures (including receiving information from the Administrative Agent that there is sufficient availability under the L/C Commitment and the Revolving Commitment) and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Bioventus Inc.), Credit Agreement (Bioventus Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the BorrowerBorrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than one Business Day after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Petroleum Corp /New/), Credit Agreement (Tesoro Petroleum Corp /New/)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing ). Each Issuing Lender shall promptly give notice to the original Administrative Agent of such its receipt of each Application for the issuance of a Letter of Credit to (including the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and amount thereof). Upon the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to each of the Borrower. Each Issuing Lender shall promptly furnish to Borrower and the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Dobson Communications Corp), Management Services Agreement (Dobson Communications Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefortherefor (and, with respect to RC Letters of Credit, delivery of a copy of such Application to the Administrative Agent), completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (and, with respect to RC Letters of Credit, to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Rent a Center Inc De), Credit Agreement (Rent a Center Inc De)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the applicable Issuing Lender at its address for notices specified herein an Application thereforherein, completed with a copy to the reasonable satisfaction Administrative Agent, a Letter of such Issuing LenderCredit Request, and accompanied by such other certificates, documents and or other papers and information as such may be requested by the Issuing Lender may reasonably request with respect to the requested Letter of CreditLender. Upon receipt of any Applicationa Letter of Credit Request, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith request in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby after securing the Administrative Agent's authorization to do so (but in no event shall any the applicable Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor Letter of Credit Request and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after the issuance by an Issuing Lender of or amendment to a standby Letter of Credit, such the Issuing Lender shall furnish notify the Administrative Agent and the Borrower, in writing, of such issuance or amendment, and such notice shall be accompanied by a copy of such issuance or amendment. Upon receipt of the notice, the Administrative Agent shall promptly notify the Lenders of such issuance or amendment and, if so requested by any Lender, the Administrative Agent shall furnish such Lender with copies of the issuance or amendment. With regard to any commercial Letter of Credit to Credit, the Borrower. Each Issuing Lender shall promptly furnish to on the first Business Day of each week provide the Administrative Agent, which shall in turn promptly furnish to Agent by facsimile with a report detailing the Lenders, notice daily aggregate outstanding amount of the issuance of each Letter such Letters of Credit issued by it (including the amount thereof)Issuing Lender for the previous week.

Appears in 2 contracts

Samples: Credit Agreement (Donnelley R H Inc), Credit Agreement (Donnelley R H Inc)

Procedure for Issuance of Letter of Credit. The Borrower Any of the Borrowers may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request. Concurrently with respect the delivery of an Application to the requested Letter of CreditIssuing Lender, the relevant Borrower shall deliver a copy thereof to the Administrative Agent. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by the Issuing Lender and the relevant Borrower (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an the Issuing Lender of a Letter of Credit, such the Issuing Lender shall furnish a copy of such Letter of Credit to the relevant Borrower. Each The Issuing Lender shall promptly furnish give notice to the Administrative Agent, Agent (which shall in turn promptly furnish give notice to the Revolving Credit Lenders, notice ) of the issuance of each Letter of Credit issued by it (including the face amount thereof), and shall provide a copy of such Letter of Credit to the Administrative Agent as soon as possible after the date of issuance.

Appears in 2 contracts

Samples: Credit Agreement (General Growth Properties Inc), Credit Agreement (General Growth Properties Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender Lender, with a copy to the Administrative Agent, at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Escrow Agreement (Ws Financing Corp), Credit Agreement (Worldspan L P)

Procedure for Issuance of Letter of Credit. The Each Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender Lender, with a copy to the Administrative Agent and, if applicable, the Canadian Agent, at its address their addresses for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any such Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the applicable Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerapplicable Borrower and the Administrative Agent or the Canadian Agent, as applicable. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent and, if applicable, the Canadian Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (Waste Services, Inc.), Intellectual Property Security Agreement (Waste Services, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Credit. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender Ixxxxxx Xxxxxx and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 2 contracts

Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by the Issuing Lender and the Borrower (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an the Issuing Lender of a Letter of Credit, such the Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each The Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it the Issuing Lender (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Rotech Healthcare Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time time, but not more often than twice in a calendar month, request that an the Issuing Lender Bank issue a Letter of Credit by delivering to such the Issuing Lender Bank at its address for notices specified herein an Application therefor, with a copy of such Application to be simultaneously delivered to the Administrative Agent, completed to the reasonable satisfaction of such the Issuing LenderBank, and such other certificates, documents and other papers and information as such the Issuing Lender Bank may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender Bank will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender Bank be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender Bank and the Borrower. Promptly after issuance by an The Issuing Lender of a Letter of Credit, such Issuing Lender Bank shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender Bank shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, Agent notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (InfraREIT, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender and the Administrative Agent, at its address their respective addresses for notices specified herein herein, an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the BorrowerBorrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after receipt by such Issuing Lender and the Administrative Agent of the Application therefor and all such other certificates, documents and other papers and information relating thereto). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower and the Administrative Agent. Each Issuing Lender shall promptly furnish give notice to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice Agent of the issuance of each Letter of Credit issued by it such Issuing Lender (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Beverly Enterprises Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the applicable Issuing Lender at its address for notices specified herein an Application thereforherein, completed with a copy to the reasonable satisfaction Administrative Agent, a Letter of such Issuing LenderCredit Request, and accompanied by such other certificates, documents and or other papers and information as may be requested by the Issuing Lender, including such Issuing Lender may reasonably request with respect to the requested Letter Lender's standard form of Creditapplication. Upon receipt of any Applicationa Letter of Credit Request, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith request in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby after securing the Administrative Agent's authorization to do so (but in no event shall any the applicable Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor Letter of Credit Request and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after the issuance by an Issuing Lender of or amendment to a standby Letter of Credit, such the Issuing Lender shall furnish notify the Administrative Agent and the Borrower, in writing, of such issuance or amendment, and such notice shall be accompanied by a copy of such issuance or amendment. Upon receipt of the notice, the Administrative Agent shall promptly notify the Lenders of such issuance or amendment and, if so requested by any Lender, the Administrative Agent shall furnish such Lender with copies of the issuance or amendment. With regard to any commercial Letter of Credit to Credit, the Borrower. Each Issuing Lender shall promptly furnish to on the first Business Day of each week provide the Administrative Agent, which shall in turn promptly furnish to Agent by facsimile with a report detailing the Lenders, notice daily aggregate outstanding amount of the issuance of each Letter such Letters of Credit issued by it (including the amount thereof)Issuing Lender for the previous week.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Donnelley R H Inc)

Procedure for Issuance of Letter of Credit. The Borrower may ------------------------------------------ from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower or at its direction promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Time Warner Telecom Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit) by delivering to such the Issuing Lender at its address for notices specified herein herein, with a copy to the Administrative Agent, an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue issue, amended, renew or extend any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Abl Credit Agreement (Clearwater Paper Corp)

Procedure for Issuance of Letter of Credit. The Borrower may ------------------------------------------ from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Infonet Services Corp)

Procedure for Issuance of Letter of Credit. The Borrower ------------------------------------------------ may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower or at its direction promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Time Warner Telecom Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender and the Administrative Agent at its address their respective addresses for notices specified herein (or to such other address provided by such Issuing Lender) an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Selfix Inc /De/)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein (with a copy to the Administrative Agent) an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating theretothereto unless the Issuing Lender agrees in its sole discretion) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Spanish Broadcasting System Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures ​ ​ and shall promptly issue the Letter of Credit requested thereby by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower). Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof). Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Six Flags Entertainment Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect as may be related to the requested issuance of such Letter of Credit. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Del Frisco's Restaurant Group, LLC)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an any Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefortherefor (and, with respect to Letters of Credit, delivery of a copy of such Application to the Administrative Agent), completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The applicable Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (and, with respect to Letters of Credit, to the Administrative Agent) promptly following the issuance thereof. Each The applicable Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount and stated maturity thereof).. 3.3

Appears in 1 contract

Samples: Annex I Credit Agreement (Rent a Center Inc De)

Procedure for Issuance of Letter of Credit. The Borrower may ------------------------------------------ from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and and, within 5 Business Days of receipt of such Application, shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender the Administrative Agent at its address for notices specified herein an Application therefor. Upon receipt of any Application, the Administrative Agent will notify the Issuing Lender of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application (in each case to be completed to the reasonable satisfaction of such the Issuing Lender, and accompanied by such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Credit. Upon receipt of request) and any Applicationcertificate, an Issuing Lender will process such Application and the certificates, documents and document or other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue cause the Letter of Credit to be issued on the date (the “Issuing Date”) requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating theretotime set forth in the L/C Issuance Side Letter) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an any Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the relevant Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three (3) Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The relevant Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The relevant Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).. - 83-

Appears in 1 contract

Samples: Credit Agreement (Cco Holdings LLC)

Procedure for Issuance of Letter of Credit. The Each Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender at its address for notices specified herein an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will notify the Administrative Agent of the amount, the beneficiary and the requested expiration of the requested Letter of Credit, and upon receipt of confirmation from the Administrative Agent that after giving effect to the requested issuance, the Available Revolving Commitments would not be less than zero, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three five Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the relevant Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrowerrelevant Borrower (with a copy to the Administrative Agent) promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Tube City IMS CORP)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an L/C Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any L/C Application, an such Issuing Lender will process such L/C Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and, subject to the terms and conditions hereof, shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the L/C Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to Borrower promptly following the Borrowerissuance thereof. Each Such Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish finish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Lifepoint Hospitals Holdings Inc)

Procedure for Issuance of Letter of Credit. (a) The Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an the relevant Application therefor, completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request with respect to the requested Letter of Creditin connection therewith. Upon receipt of any Application, an such Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any such Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each Such Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the LendersL/C Participants, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Iberdrola USA, Inc.)

Procedure for Issuance of Letter of Credit. The Borrower may from time to time request that an the Issuing Lender issue a Letter of Credit by delivering to such the Issuing Lender and the Administrative Agent at its address their respective addresses for notices specified herein (or to such other address provided by such Issuing Lender) an Application therefor, completed to the reasonable satisfaction of such the Issuing Lender, and such other certificates, documents and other papers and information as such the Issuing Lender may reasonably request with respect to the requested Letter of Creditrequest. Upon receipt of any Application, an the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any the Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such the Issuing Lender and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such The Issuing Lender shall furnish a copy of such Letter of Credit to the BorrowerBorrower promptly following the issuance thereof. Each The Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Delphi Automotive Systems Corp

Procedure for Issuance of Letter of Credit. The Any Borrower may from time to time request that an Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, indicating whether such Letter of Credit is to be a Secured Letter of Credit or an Unsecured Letter of Credit and otherwise completed to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information as such Issuing Lender may reasonably request request; provided that in no event shall any Issuing Lender other than Barclays Bank PLC and, with respect to the requested consent of the Administrative Agent, one other Issuing Lender (and any of their respective Affiliates) issue any Letter of CreditCredit denominated in Pounds Sterling. Upon receipt of any Application, an the applicable Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender and the such Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Such Issuing Lender shall furnish a copy of such Letter of Credit to such Borrower promptly following the Borrowerissuance thereof. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Aspen Insurance Holdings LTD)

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