Procedure for Issue. (a) Each Issue shall be made on notice substantially in the form of Schedule 4 (an “Issue Notice”) given by the Borrower to the Agent not later than 1:00 p.m. (Toronto time) on three (3) Business Day’s notice. The Issue Notice shall be in substantially the form of Schedule 4 shall be irrevocable and binding on the Borrower and shall specify (i) the requested date of Issue (the “Issue Date”), (ii) the Type of Documentary Credit, (iii) the Face Amount of the Documentary Credit, (iv) the expiration date, and (v) the name and address of the Beneficiary. The Agent shall, upon receipt of an Issue Notice, provide a copy of the Issue Notice to the Documentary Credit Lender and to each other Lender.
Procedure for Issue of notes --------------------------------------------------------------------------------
Procedure for Issue. 14 Section 5.3 Form of Documentary Credits..................................15 Section 5.4 Use of Documentary Credits...................................15 Section 5.5 Reimbursements of Amounts Drawn; Exchange Rate Fluctuations..15 Section 5.6 Risk of Documentary Credits..................................15 Section 5.7 Fees.........................................................16 Section 5.8 Repayments...................................................16
Procedure for Issue. (1) Each Issue shall be made on notice (an "Issue Notice") given by a Borrower to the Administrative Agent (with a copy to the Issuing Lender) not later than 11:00 a.m. (Toronto time) on the number of days notice specified in Schedule 5. The Issue Notice shall be in substantially the form of Schedule 4, shall be irrevocable and binding on the Borrower and shall specify (i) the Issuing Lender, (ii) the Borrower, (iii) the Credit Facility under which the Documentary Credit is to be issued, (iv) the requested date of Issue (the "Issue Date"), (v) the Type of Documentary Credit, (vi) the Face Amount of the Documentary Credit, (vii) the expiration date, and (viii) the name and address of the Beneficiary. A Borrower shall not request an expiry date for a Documentary Credit which would be after the Relevant Repayment Date.
Procedure for Issue. 34 Section 5.3. Form of Letters of Credit. 35 Section 5.4 Use of Letters of Credit. 35 Section 5.5 Reimbursements of Amounts Drawn. 35 Section 5.6 Risk of Letters of Credit. 35 Section 5.7 Fees. 36 Section 5.8 Repayments. 37
Procedure for Issue. (1) Each Issue shall be made on notice (an “Issue Notice”) given by a Borrower to the Agent not later than 12:00 noon (local time at the place of Issue) at least 5 Business Days prior to the Issue Date. The Issue Notice shall be in substantially the form of Schedule J hereto (or shall be made by telephone promptly confirmed in writing, providing the same information as would be contained in Schedule J hereto), and shall specify: (i) the requested date of Issue (the “Issue Date”); (ii) the Type of Letter; (iii) the aggregate Face Amount and currency of the Letter; (iv) the expiration date of the Letter; (v) the name and address of the Beneficiary; and (vi) the purpose of the Letter. No Letter shall be issued in favour of a Beneficiary that is a bank, trust company or other financial institution without the consent of the Issuing Lender if the Letter is to be used for a purpose that is not otherwise permitted by the terms of this Agreement.
Procedure for Issue. (1) Each Issue shall be made on notice (an “Issue Notice”) given by SGC to the Agent (who shall forthwith notify the Documentary Credit Lender) not later than 11:00 a.m. (Toronto time) on the number of days notice specified in Schedule 5. The Issue Notice shall be in substantially the form of Schedule 4, shall be irrevocable and binding on SGC and shall specify (i) the requested date of Issue (the “Issue Date”); (ii) the Face Amount of the Documentary Credit; (iii) the expiration date; (iv) the name and address of the Beneficiary; and (v) the Type of Documentary Credit. SGC shall not request a maturity date for a Documentary Credit which would be after the Relevant Repayment Date in respect of the Operating Facility.
Procedure for Issue. (1) Each Issue shall be made on notice (an "
Procedure for Issue. 50 Section 5.3 Form of Letters of Credit................................... 51 Section 5.4 Revolving Credit Lenders' Participation..................... 51 Section 5.5 Reimbursements of Amounts Drawn............................. 51 Section 5.6 Payment by Lenders.......................................... 52 Section 5.7 Risk of Letters of Credit................................... 52 Section 5.8 Fees........................................................ 53 Section 5.9 Repayments.................................................. 54
Procedure for Issue. (1) Each Issue shall be made on notice (an "ISSUE NOTICE") given by the Borrower to the Agent not later than 11:00 a.m. (Toronto time) on the number of days notice specified in Exhibit N. The Issue Notice shall be in substantially the form of Exhibit N shall be irrevocable and binding on the Borrower and shall specify (i) the requested date of Issue (the "ISSUE DATE"), (ii) the Face Amount of the Letter of Credit, (iii) the expiration date, and (iv) the name and address of the Beneficiary. The Borrower shall not request any maturity date for any Letter of Credit which would be later than 5 Business Days prior to the Relevant Repayment Date. The Agent shall, upon receipt of an Issue Notice, provide a copy of the Issue Notice to the Issue Lender.
