Common use of Facility Letters of Credit Clause in Contracts

Facility Letters of Credit. The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article IV, during the period commencing on the Effective Date and ending on the Business Day prior to the Facility Termination Date.

Facility Letters of Credit. The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article IV, during the period commencing on the Effective Date date of the Original Agreement and ending on the Business Day prior to the Facility Termination Date.

Facility Letters of Credit. The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article IV, during the period commencing on the Effective Date date hereof and ending on the Business Day prior to the Facility Termination Date.