Common use of Reports to Lenders Clause in Contracts

Reports to Lenders. (a) On the last Business Day of every calendar month, so long as any Letter of Credit shall have been outstanding during such month, the Issuing Bank of such Letter of Credit shall deliver to the Administrative Agent a report setting forth for such month the daily maximum amount available to be drawn under such Letters of Credit that were outstanding during such calendar month and (b) on or prior to the fifth Business Day of every calendar month, the Administrative Agent shall deliver to each Lender a report setting forth for the previous calendar month the daily maximum amount available to be drawn under the Letters of Credit that were outstanding during the previous calendar month.

Reports to Lenders. (a) On the last Business Day of every calendar month, so long as any Letter of Credit shall have been outstanding during such month, the such Issuing Bank of such Letter of Credit shall deliver to the Administrative Agent a report setting forth for such month the daily maximum amount available to be drawn under such the Letters of Credit that were outstanding during such calendar month month; and (b) on or prior to the fifth Business Day of every calendar month, the Administrative Agent shall deliver to each Lender a report setting forth for the previous calendar month the daily maximum amount available to be drawn under the Letters of Credit that were outstanding during the previous calendar month.

Reports to Lenders. (a) On the last first Business Day of every calendar monthweek, so long as any Letter of Credit shall have been outstanding during such monthweek, the Issuing Bank of such Letter of Credit shall deliver to the Administrative Agent a report setting forth for such month week the daily maximum amount available to be drawn under such the Letters of Credit that were outstanding during such calendar month week, and (b) on or prior to the fifth last Business Day of every calendar month, the Administrative Agent shall deliver to each Lender with a Revolving Loan Commitment a report setting forth for the previous such calendar month the daily maximum amount available to be drawn under the Letters of Credit that were outstanding during the previous such calendar month.