Examples of Requested Letter of Credit in a sentence
The Requested Letter of Credit will be subject to [UCP 500] [ISP98].
Each of the Applicable Lending Office, [INSERT ISSUING LENDER], the Company and the Applicable Account Party hereby acknowledge that, upon the issuance thereof pursuant to the terms of the Credit Agreement, the Requested Letter of Credit and any Future Letter of Credit shall constitute and shall be deemed to be a Letter of Credit for all purposes under the Credit Agreement and shall be subject to the terms thereof, as such terms may be amended solely pursuant to Section 2 below.
The Company hereby confirms that the Credit Agreement (other than as specifically amended hereby solely with respect to the Requested Letter of Credit and any Future Letter of Credit) remains in full force and effect and will continue to constitute legal, valid and binding obligations of the Company in accordance with its terms.
The Borrower and Reinsurance hereby agree to be jointly and severally liable for the Reimbursement Obligations of either in respect of the Requested Letter of Credit.](3) The undersigned [agrees/agree] to complete all application procedures and documents required by you in connection with the Requested Letter of Credit.
Each of the Applicable Lending Office, [INSERT ISSUING LENDER], the Company and the Applicable Account Party hereby acknowledge that, upon the issuance thereof pursuant to the terms of the Credit Agreement, the Requested Letter of Credit shall constitute and shall be deemed to be a Letter of Credit for all purposes under the Credit Agreement and shall be subject to the terms thereof, as such terms may be amended solely pursuant to Section 2 below.
The Company hereby confirms that the Credit Agreement (other than as specifically amended hereby solely with respect to the Requested Letter of Credit) remains in full force and effect and will continue to constitute legal, valid and binding obligations of the Company in accordance with its terms.
The opening of the Requested Letter of Credit and the Borrower's responsibilities with respect thereto are Terms used herein and not otherwise defined herein have the meanings assigned to them in the Credit Agreement.
The Requested Letter of Credit will be subject to [UCP 600] [ISP98].
Borrower hereby requests that Lender incur a Letter of Credit Obligation (the "Requested Letter of Credit Obligation") pursuant to and this request has been prepared in accordance with Schedule 2.1(g) to Credit Agreement.
The Requested Letter of Credit will be subject to [UCP 500600] [ISP98].