Common use of Extension of a Letter of Credit Clause in Contracts

Extension of a Letter of Credit. (a) The Company or a Borrower (as applicable) may request that a Letter of Credit issued on its behalf is extended by delivery to the Facility Agent of a notice in substantially similar form to a Request for a Letter of Credit specifying the new proposed Maturity Date (which must be on or before the Final Maturity Date for the Revolving Facility) 11.00 a.m. one Business Day before the Rate Fixing Day before the Maturity Date of that Letter of Credit (a Renewal Request).

Appears in 3 contracts

Samples: Agreement (Amec PLC), Agreement (Amec PLC), Agreement (Amec PLC)

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Extension of a Letter of Credit. (a) The Company or a U.S. Borrower (as applicable) may request that the Term of a Letter of Credit issued on its behalf is be extended by delivery to the Facility Agent and the Issuing Bank of a notice in substantially similar form to a Request for a Letter of Credit specifying the new proposed Maturity Date (which must be on or before the Final Maturity Date for the Revolving Facility) 11.00 a.m. one no later than three Business Day before the Rate Fixing Day Days before the Maturity Date of that Letter of Credit (a Renewal Request)Credit.

Appears in 1 contract

Samples: Agreement (Royal Ahold)

Extension of a Letter of Credit. (a) The Company or a 7.4.1 A Borrower (as applicable) may request that the Term of a Letter of Credit issued on its behalf is be extended by delivery to the Facility Agent and the Issuing Bank of a notice in substantially similar form to a Request for a Letter of Credit specifying the new proposed Maturity Date (which must be on or before the Final Maturity Date for the Revolving Facility) 11.00 a.m. one no later than three Business Day before the Rate Fixing Day Days before the Maturity Date of that Letter of Credit (a Renewal Request)Credit.

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Extension of a Letter of Credit. (a) The Company or a A Borrower (as applicable) may request that a Letter of Credit issued on its behalf is extended by delivery to the Facility Agent Lender of a notice in substantially similar form to a Request for a Letter of Credit specifying the new proposed Maturity Date (which must be on or before the Final Maturity Date for the Revolving Facility) 11.00 a.m. one three Business Day before the Rate Fixing Day Days before the Maturity Date of that Letter of Credit (a Renewal Request)Credit.

Appears in 1 contract

Samples: Agreement (Royal Ahold)

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Extension of a Letter of Credit. (a) The Company or a A Borrower (as applicable) may request that a Letter of Credit issued on its behalf is extended by delivery to the Facility Agent of a notice in substantially similar form to a Request for a Letter of Credit specifying the new proposed Maturity Date (being a date which must be falls within one year after the then current Maturity Date of the Letter of Credit and on or before the Final Maturity Date for the Revolving FacilityDate) 11.00 a.m. one three Business Day before the Rate Fixing Day Days before the Maturity Date of that Letter of Credit (a Renewal Request)Credit.

Appears in 1 contract

Samples: Agreement (Aramark Corp/De)

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