Common use of Issuance Procedures Clause in Contracts

Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon on a Business Day, the Borrower may from time to time irrevocably request on not less than two nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower and approved by such Issuer, solely for the purposes described in Section 7.

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

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Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon 10:00 a.m. on a Business Day, the Borrower Company may from time to time irrevocably request on not less than two three nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two three Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such an Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower Company and approved by such Issuer, solely for the purposes described in Section 77.1.

Appears in 1 contract

Samples: Credit Agreement (Railamerica Inc /De)

Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon 10:00 a.m. on a Business Day, the either Borrower may from time to time irrevocably request on not less than two three nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two three Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such an Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the such Borrower and approved by such Issuer, solely for the purposes described in Section 7.purposes

Appears in 1 contract

Samples: Credit Agreement (United Surgical Partners Holdings Inc)

Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon on a Business Day, the Borrower may from time to time irrevocably request on not less than two nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower and approved by such Issuer, solely for the purposes described in Section 77.7. Each Issuer will make available to the beneficiary thereof the original of the Letter of Credit which it issues.

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon 11:00 a.m. on a Business Day, the either Borrower may from time to time irrevocably request on not less than two three nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two three Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such the Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower such Xxxxxxxx and approved by such the Issuer, solely for the purposes purpose described in Section 78.

Appears in 1 contract

Samples: Credit Agreement (United Surgical Partners International Inc)

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Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon on a Business Day, the Borrower may from time to time irrevocably request on not less than two three nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two three Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such an Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower and approved by such Issuer, solely for the purposes described in Section 77.1.

Appears in 1 contract

Samples: Credit Agreement (CTC Communications Group Inc)

Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon on a Business Day, the Borrower may from time to time irrevocably request on not less than two nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable Issuer, in its sole discretion), that such Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower and approved by such Issuer, solely for the purposes described in Section 7.

Appears in 1 contract

Samples: Credit Agreement (North Shore Agency Inc)

Issuance Procedures. By delivering to the Administrative Agent an Issuance Request on or before 12:00 noon on a Business Day, the Borrower Borrowers may from time to time irrevocably request on not less than two three nor more than ten Business Days' notice, in the case of an initial issuance of a Letter of Credit and not less than two three Business Days' prior notice, in the case of a request for the extension of the Stated Expiry Date of a standby Letter of Credit (in each case, unless a shorter notice period is agreed to by the applicable relevant Issuer, in its sole discretion), that such an Issuer issue, or extend the Stated Expiry Date of, a Revolving Letter of Credit in such form as may be requested by the Borrower Borrowers and approved by such Issuer, solely for the purposes described in Section 77.1.

Appears in 1 contract

Samples: Credit Agreement (Ferro Corp)

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