Common use of General Characteristics Clause in Contracts

General Characteristics. Each Letter of Credit issued hereunder shall be payable in U.S. Dollars, conform to the general requirements of the Bank for the issuance of a standby letter of credit as to form and substance, and be a letter of credit which the Bank may lawfully issue.

Appears in 4 contracts

Samples: Credit Agreement (Diamond Management & Technology Consultants, Inc.), Credit Agreement (Diamond Management & Technology Consultants, Inc.), Loan Agreement (Oil Dri Corporation of America)

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General Characteristics. Each Letter of Credit issued hereunder shall be payable in U.S. Dollars, shall conform to the general requirements of the Bank Lender for the issuance of a commercial, standby letter and trade letters of credit (as appropriate) as to form and substance, substance and shall be a letter of credit which the Bank Lender may lawfully issue.

Appears in 1 contract

Samples: Credit Agreement (Midway Games Inc)

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