Common use of L/C Commitment Clause in Contracts

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effect. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the date that is five Business Days prior to the Revolving Termination Date.

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(asubsection 4.4(a), agrees to issue standby letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Aggregate Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans Credit Outstandings would exceed the Borrowing Base then in effectAggregate Revolving Credit Commitments. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the date that is five one Business Days Day prior to the Revolving Termination Date. The Existing Letters of Credit will be deemed Letters of Credit issued on the Closing Date for all purposes hereunder.

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the each Issuing Lender, in reliance on the agreements of the other US$ Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ US$ Revolving Commitment Period in such form as may be approved from time to time by the such Issuing Lender; provided provided, that the such Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available US$ Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 250,000 (unless otherwise agreed by the such Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a3.10(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved agreed from time to time by between the Issuing LenderLender and Borrower; provided that the Issuing Lender shall have no obligation to -------- not issue any Letter of Credit if, (i) after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, (ii) after giving effect to such issuance, the aggregate amount of the Available Revolving Commitments would be less than zero zero, or (iii) the sum it has received notice of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectany existing Default or Event of Default. Each Letter of Credit shall (i) be denominated in Dollars, and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) unless cash collateralized in an account at the Issuing Bank, the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- not issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount Total Revolving Extensions of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans Credit would exceed the lesser of the Total Commitments and the Borrowing Base then Limit, subject to the authority of the Administrative Agent, in effectits sole discretion, to make Protective Advances pursuant to the terms of Section 2.3. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, when added to the aggregate principal amount of the Revolving Loans and Swingline Loans then outstanding, would exceed the Borrowing Base then in effectMaximum Outstanding Amount. Each Letter of Credit shall (i) be denominated in Dollars, Pounds Sterling, euros or Yen and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Credit Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, issuance (i) the L/C Obligations would exceed the L/C Commitment, (ii) the aggregate amount of the Available Revolving Credit Commitments would be less than zero or (iii) the Total Revolving Extensions of Credit would exceed the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed (x) the Borrowing Base then in effecteffect plus (y) the Acquisition Advance Amount. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date that of issuance and (y) the date which is five Business Days prior to the Revolving Credit Termination Date., provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above). 57 52

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the each Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the such Issuing Lender; provided that the no Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in DollarsDollars or an Available Foreign Currency, (ii) have a face amount in Dollars or of the U.S. Dollar Equivalent of at least $100,000 50,000 (unless otherwise agreed by the such Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a2.10(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a3.8(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 5,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a2.10(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (iii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iiiii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Credit Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower Packard on any Business Banking Day during the ------ Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, if (i) after giving effect to such issuance, (iA) the L/C Obligations would exceed the L/C Commitment, Commitment or (iiB) the aggregate amount of the Available Revolving Credit Commitments would be less than zero or (iiiii) it has not received notice from the sum Administrative Agent that the issuance of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectsuch Letter of Credit will not violate clause (i) above. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date that of issuance and (y) the date which is five 30 Business Days prior to the Scheduled Revolving Credit Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, when added to the aggregate principal amount of the Revolving Loans and Swingline Loans then outstanding, would exceed the Borrowing Base then in effectTotal Revolving Commitments. Each Letter of Credit shall (iA) be denominated in Dollars, (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) Pounds Sterling, euros or Yen and (iiiB) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section subsection 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero zero. Letters of Credit may be either standby letters of credit or (iii) the sum commercial letters of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectcredit. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above), provided, however, that any Letter of Credit which is a commercial letter of credit shall expire no later than 180 days after its date of issuance.

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the each Issuing LenderBank, in reliance on the agreements of the other Revolving Lenders Banks set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower Company or Affiliate on any Domestic Business Day during prior to the ------ Revolving Commitment Period fifth Domestic Business Day preceding the Termination Date in such form as may be approved from time to time by the such Issuing LenderBank; provided that the an Issuing Lender Bank (i) shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment and (ii) may not issue any Letter of Credit if, after giving effect to such issuance, the aggregate amount Aggregate Revolving Extensions of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans Credit would exceed the Borrowing Base then in effectAggregate Revolving Commitments. Each Letter of Credit shall (i) be denominated in Dollars, United States dollars or a Foreign Currency and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Domestic Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a3.10(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the either Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 75,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) zero; and provided further that notwithstanding that any Letter of Credit may state that it is issued on behalf of a Guarantor and notwithstanding that any Application is executed by a Guarantor, each Letter of Credit is hereby deemed to be issued for the sum account of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectBorrower. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the each Issuing LenderBank, in reliance on the agreements of the other Revolving Lenders Banks set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower Company or Affiliate on any Domestic Business Day during prior to the ------ Revolving Commitment Period fifth Domestic Business Day preceding the Termination Date in such form as may be approved from time to time by the such Issuing LenderBank; provided that the an Issuing Lender Bank (i) shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment and (ii) may not issue any Letter of Credit if, after giving effect to such issuance, the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum Extensions of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans Credit would exceed the Borrowing Base then in effectAggregate Commitments. Each Letter of Credit shall (i) be denominated in Dollars, United States dollars or a Foreign Currency and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Domestic Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a3.11(a), agrees to issue standby letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 1,000,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- not issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount Total Revolving Extensions of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans Credit would exceed the Borrowing Base then Line Cap, subject to the authority of the Administrative Agent, in effectits sole discretion, to make Protective Advances pursuant to the terms of Section 2.3. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance (or such longer period as agreed to by the applicable Issuing Lender in its sole discretion) and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Credit Lenders set forth in Section 3.4(a), agrees to issue letters of credit (the "Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall not have no any obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, (ii) the Aggregate Outstanding Extensions of Credit of all the Lenders would exceed the Borrowing Base minus Reserves or (iii) the aggregate amount of the Available Revolving Credit Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date that of issuance and (y) the date which is five Business Days prior to the Revolving Credit Termination Date; provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject a)Subject to the terms and conditions hereof, -------------- the theeach Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the thesuch Issuing Lender; provided that the thesuch Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations of such Issuing Lender would exceed the L/C CommitmentCommitment of such Issuing Lender then in effect, or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lenderexcept as provided in Section 3.1(b) and (iii) below, expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the each Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a3.10(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved agreed from time to time by the between such Issuing LenderLender and Borrower; provided that the such Issuing Lender shall have no obligation to -------- not issue any Letter of Credit if, (i) after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, (ii) after giving effect to such issuance, the aggregate amount of the Available Revolving Commitments would be less than zero zero, or (iii) the sum it has received notice of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectany existing Default or Event of Default. Each Letter of Credit shall (i) be denominated in Dollars, and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (A) the first anniversary of its date of issuance and (B) unless cash collateralized in an account at the relevant Issuing Lender, the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (B) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Credit Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, issuance (i) the L/C Obligations would exceed the L/C Commitment, (ii) the aggregate amount of the Available Revolving Credit Commitments would be less than zero or (iii) the Total Revolving Extensions of Credit would exceed the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed (x) the Borrowing Base then in effecteffect plus (y) the Acquisition Advance Amount. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date that of issuance and (y) the date which is five Business Days prior to the Revolving Credit Termination Date., provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above). 57

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided provided, that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the first anniversary of its date of issuance, unless consented to by the Issuing Lender; provided, that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods; provided further, that in the event any such Letter of Credit expires after or is renewed beyond the date that is five Business Days prior to the Revolving Termination Date, such Letter of Credit shall be cash collateralized or otherwise credit supported to the reasonable satisfaction of the Administrative Agent and the Issuing Lender on or prior to the date that is five Business Days prior to the Revolving Termination Date.

L/C Commitment. (a) Subject a)Subject to the terms and conditions hereof, -------------- the each Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the such Issuing Lender; provided that the such Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations of such Issuing Lender would exceed the L/C CommitmentCommitment of such Issuing Lender then in effect, or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lenderexcept as provided in Section 3.1(b) and (iii) below, expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be reasonably approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C ObligationsObligations and the aggregate principal amount of all outstanding Revolving Loans, Revolving Swingline Loans and Swingline Loans the Magellan Reserve would exceed the Borrowing Base then in effectTotal Revolving Commitments. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing LenderBank, in reliance on the agreements of the other Revolving Lenders Banks set forth in Section subsection 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower Company on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing LenderBank; provided that the Issuing Lender Bank shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the sum of (A) the outstanding aggregate principal amount of the Available all Revolving Commitments would be less than zero or Credit Loans made by all Banks, plus (iiiB) the sum aggregate outstanding amount of the then outstanding L/C ObligationsObligations plus (C) the outstanding aggregate principal amount of all Competitive Bid Loans made by all Banks, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectAggregate Commitment. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Maturity Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Credit Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- CreditLETTERS OF CREDIT") for the account of the Borrower on any Business Day during the ------ Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided PROVIDED that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, issuance (i) the L/C Obligations would exceed the L/C Commitment, (ii) the aggregate amount of the Available Revolving Credit Commitments would be less than zero or (iii) the sum Total Revolving Extensions of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans Credit would exceed the Borrowing Base then in effect. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date that of issuance and (y) the date which is five Business Days prior to the Revolving Credit Termination Date, PROVIDED that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the each Issuing Lender, in reliance on the agreements of the other Restatement Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the such Issuing Lender; provided that the no Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Restatement Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) unless otherwise agreed by the Administrative Agent and the relevant Issuing Lender, have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) 200,000 and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Lenders set forth in Section 3.4(a3.10(a), agrees to issue letters of credit ("“Letters of ---------- Credit"”) for the account of the Borrower on any Business Day during the ------ Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, Commitment or (ii) the aggregate amount of the Available Revolving Commitments would be less than zero or (iii) the sum of the then outstanding L/C Obligations, Revolving Loans and Swingline Loans would exceed the Borrowing Base then in effectzero. Each Letter of Credit shall (i) be denominated in Dollars, (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter Table of Contents of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).

L/C Commitment. (a) Subject to the terms and conditions hereof, -------------- the Issuing Lender, in reliance on the agreements of the other Revolving Credit Lenders set forth in Section subsection 3.4(a), agrees to issue letters of credit ("Letters of ---------- Credit") for the account of the Borrower on any Business Day during the ------ Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall not have no any obligation to -------- issue any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations would exceed the L/C Commitment, (ii) the aggregate amount of the Available Revolving Credit Commitments would be less than zero or (iii) the sum aggregate principal amount of the then outstanding L/C Obligations, Revolving Credit Loans and Swingline Loans Overdraft Advances then outstanding would exceed the Borrowing Base then in effectRevolving Credit Commitments at such time. Each Letter of Credit shall (i) be denominated in Dollars, Dollars and (ii) have a face amount of at least $100,000 (unless otherwise agreed by the Issuing Lender) and (iii) expire no later than the earlier of (x) the first anniversary of its date that of issuance and (y) the date which is five Business Days prior to the Scheduled Revolving Credit Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).