Common use of Documentary Credit Reports Clause in Contracts

Documentary Credit Reports. Each Documentary Credit Lender shall furnish to the Administrative Agent on each Business Day a written report summarizing all Documentary Credit activity including issuances, increases, draws and the aggregate undrawn Face Amount (in the applicable currency and Equivalent U.S. $ Amount) and expiration dates of Documentary Credits issued by such Documentary Credit Lender as of such Business Day.

Appears in 4 contracts

Samples: Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp)

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Documentary Credit Reports. Each Documentary Credit Lender shall furnish to the Administrative Agent Agent, on each the first Business Day of each month, a written report summarizing all Documentary Credit activity including issuances, increases, draws and the aggregate undrawn Face Amount (in the applicable currency and Equivalent U.S. $ Amount) and expiration dates of Documentary Credits issued by such Documentary Credit Lender as of such Business Day.

Appears in 1 contract

Samples: Credit Agreement (Open Text Corp)

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