Common use of Renewal of a Letter of Credit Clause in Contracts

Renewal of a Letter of Credit. 6.4.1 The Borrower may request any Letter of Credit issued on its behalf to be renewed by delivery to the Facility Agent and the Fronting Bank (with, whilst it is a Lender, a copy to IFC) of a Utilisation Request no earlier than 20 Business Days before the Expiry Date of the relevant Letter of Credit and no later than 5 p.m. on the fifth Business Day prior to the Expiry Date of the relevant Letter of Credit.

Renewal of a Letter of Credit. 6.4.1 The Borrower may request any Letter of Credit issued on its behalf to be renewed by delivery to the Facility Agent and the Fronting Bank (with, whilst it is a Lender, a copy to IFC) of a Utilisation Request no earlier than 20 *** redacted commercially sensitive term negotiated between the parties *** Business Days before the Expiry Date of the relevant Letter of Credit and no later than 5 p.m. on the fifth *** redacted commercially sensitive term negotiated between the parties *** Business Day prior to the Expiry Date of the relevant Letter of Credit.

Renewal of a Letter of Credit. 6.4.1 5.4.1 The Borrower Company may request any Letter of Credit issued on its behalf to be renewed by delivery to the Facility Agent and the Fronting Bank (with, whilst it is a Lender, a copy to IFC) of a Utilisation Request no earlier than 20 thirty-five Business Days before the Expiry Date of the relevant Letter of Credit and no later than 5 p.m. 10.00 a.m. on the fifth Business Day prior to the Expiry Date of the relevant Letter of Credit.

Renewal of a Letter of Credit. 6.4.1 The Subject to Clause 6.1.2 (Delivery of a Utilisation Request for Letters of Credit), a Borrower may request any Letter of Credit issued on its behalf to be renewed by delivery to the Facility Agent and the Fronting Bank (with, whilst it is a Lender, a copy to IFC) of a Utilisation Request no earlier than 20 35 Business Days before the Expiry Date of the relevant Letter of Credit and no later than 5 p.m. 10.00 a.m. on the fifth third Business Day prior to the Expiry Date of the relevant Letter of Credit.