Compliance with Notice. From and after the date a Notice of Block is delivered to the Bank pursuant to and in accordance with the provisions of clause (i) above, and until either (A) the Guarantor delivers to the Bank a written notice rescinding such Notice of Block or (B) this Guaranty is terminated, no additional letters of credit may be issued by the Bank for the benefit of the Obligor pursuant to the Contract without the prior written consent of the Guarantor.
Appears in 6 contracts
Samples: Support Agreement, Letter of Credit Facility Agreement (Sunpower Corp), Credit Support Agreement (Sunpower Corp)
Compliance with Notice. From and after the date that is three Business Days’ after a Notice of Block is delivered to the Bank pursuant to and in accordance with the provisions of clause (i) above, and until either (A) the Guarantor delivers to the Bank a written notice rescinding such Notice of Block or (B) this Guaranty is terminated, no additional letters of credit may be issued advances by the Bank for the benefit of may be made to the Obligor pursuant to the Contract without the prior written consent of the Guarantor.
Appears in 1 contract
Compliance with Notice. From and after the date a Notice of Block is delivered to the Bank Agent pursuant to and in accordance with the provisions of clause (i) above, and until either (A) the Guarantor delivers to the Bank Agent a written notice rescinding such Notice of Block or (B) this Guaranty is terminated, no additional letters of credit may be issued by the Bank for the benefit of the Obligor pursuant to the Contract without the prior written consent of the Guarantor.
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Sunpower Corp)
Compliance with Notice. From and after the date that is three Business Days after a Notice of Block is delivered to the Bank pursuant to and in accordance with the provisions of clause (i) above, and until either (A) the Guarantor delivers to the Bank a written notice rescinding such Notice of Block or (B) this Guaranty is terminated, no additional letters of credit may be issued advances by the Bank for the benefit of may be made to the Obligor pursuant to the Contract without the prior written consent of the Guarantor.
Appears in 1 contract
