Issue of Letters of Credit. (a) If the conditions set out in this Agreement have been met, the Issuing Bank shall issue the Letter of Credit on the Utilisation Date.
Issue of Letters of Credit. Subject to the provisions of this Agreement, the Issuing Bank will Issue a Letter of Credit specified in a Drawdown Notice at the request of a Revolving Credit Facility Borrower, if the Agent has received the Drawdown Notice for a Letter of Credit in the form set out in Part C of Schedule 2 (Letters of Credit) signed on behalf of that Borrower not later than 11.00 am five Banking Days prior to the proposed Issue Date: and
Issue of Letters of Credit. (a) If the conditions set out in this Agreement have been met (including those set out in Clause 4.2), the Issuing Agent (as agent and mandatario con rappresentanza for and on behalf of each of the Lenders) shall issue the Letter of Credit on the Utilisation Date.
Issue of Letters of Credit. If the Borrower requests the issue of a Letter of Credit and/or the participation of Banks in the issuance of any Existing Letter of Credit in accordance with the provisions of this Clause 4 and, on the proposed date for such issue and/or participation:
Issue of Letters of Credit. (A) If the conditions set out in this Agreement have been met, the LC Issuing Bank shall issue each Letter of Credit on the relevant Utilisation Date proposed in the Utilisation Request.
Issue of Letters of Credit. If the conditions set out in this Agreement have been met, the Fronting Bank shall issue or, as the case may be, renew and re-issue, each Letter of Credit on its proposed Utilisation Date (provided, in the case of any Renewal Letter of Credit the Utilisation Date of which falls before the Expiry Date of the relevant Letter of Credit which is being renewed and replaced by that Renewal Letter of Credit, the Fronting Bank is satisfied it has no liability under the relevant Letter of Credit being renewed and replaced).
Issue of Letters of Credit. (a) Subject to paragraph (b) below, if the conditions set out in this Agreement have been met, the Agent shall on behalf of each of the Banks, issue the relevant Letter of Credit on the Utilisation Date.
Issue of Letters of Credit. 7.1 Each Utilization Request in respect of a Letter of Credit shall, in addition to the information required pursuant to Clause 6.1, specify the name and address of the recipient to which the relevant Letter of Credit should be delivered and shall have the proposed form of the Letter of Credit attached to it.
Issue of Letters of Credit. 6.2.1 A Borrower may request the issue of a Letter of Credit by delivery to the Agent of a duly completed Utilisation Request substantially in the form of Part B of Schedule 3 (Utilisation Request - Letters of Credit) not later than the Specified Time.
Issue of Letters of Credit. 12 8. Indemnity (Including Bank Indemnity for Short-Term Advances). . . . . . 12 9.
