Common use of Commitment to Issue Clause in Contracts

Commitment to Issue. The Borrower may request Revolving Advances by the Lender, and the Lender, subject to the terms and conditions of this Third Supplement, may, in its sole discretion, issue letters of credit for any Borrower’s account (such letters of credit, being hereinafter referred to collectively as the “Revolving Letters of Credit”); provided, however, that:

Appears in 3 contracts

Samples: Master Loan Agreement (Central Iowa Energy, LLC), Loan Agreement (Central Iowa Energy, LLC), Master Loan Agreement (Otter Tail Ag Enterprises, LLC)

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Commitment to Issue. The Borrower may request Revolving Advances by the Lender, and the Lender, subject to the terms and conditions of this Third Supplement, may, in its sole discretion, issue letters of credit for any Borrower’s account (such letters of credit, being hereinafter referred to collectively as the “Revolving Letters of Credit”); provided, however, that:

Appears in 1 contract

Samples: Master Loan Agreement (Homeland Energy Solutions LLC)

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