Issue of Bank Guarantees. (a) Subject to the provisions of this agreement, the Issuing Lender will issue the relevant Bank Guarantee requested by delivery of that Bank Guarantee to (or to the order of) the relevant Beneficiary on the relevant Drawdown Date.
Issue of Bank Guarantees. 6.5.1 If the conditions set out in this Agreement have been met, the Issuing Bank shall issue the Bank Guarantee on the Utilisation Date.
Issue of Bank Guarantees. (a) If the conditions set out in this Agreement have been met, the Issuing Bank shall:
Issue of Bank Guarantees. Subject to the provisions of this agreement (including satisfaction of all applicable conditions precedent), the relevant Issuing Lender will issue the relevant Bank Guarantee requested by the relevant Borrower by delivery of that Bank Guarantee to the relevant Beneficiary on the relevant Drawdown Date. A Bank Guarantee may be requested by a Borrower for the use by or benefit of a Group Company which is not a Borrower provided that such Group Company which is a Borrower shall be liable in accordance with this agreement in respect of that Bank Guarantee as if it had been issued for its own use and benefit.
Issue of Bank Guarantees. Subject to the terms of this Agreement and the relevant Utilisation Notice, the Agent will, for and on behalf of the Banks, execute each Bank Guarantee on or before the Utilisation Date set out in the relevant Utilisation Notice and the Agent will issue the Bank Guarantee on such date, by delivering the same to or to the order of the Beneficiary.
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Issue of Bank Guarantees. Upon (i) receipt of an Issue Request and (ii) the issue of each Bank Guarantee the Agent shall promptly notify each Bank. From the date of issue of each Bank Guarantee each Bank shall assume liability for its Proportionate Share of the Bank’s Obligations and from the date of issue of each Bank Guarantee shall be deemed irrevocably and unconditionally to have purchased and received from the Agent, without recourse or warranty, an undivided interest and participation, to the extent of its Proportionate Share, in each Bank Guarantee issued by the Agent. In addition each Bank (in the amount of its Proportionate Share) will upon the Agent’s first demand, from time to time, reimburse the Agent for any sums paid out by the Agent under any Bank Guarantee in accordance with Clause 6.7.
Issue of Bank Guarantees. (a) Subject to Clause 6.7 (Delivery of Bank Guarantees), if the conditions set out in this Agreement have been met, each Lender shall issue a Bank Guarantee on the Utilisation Date.
Issue of Bank Guarantees. (a) If the conditions set out in this Agreement have been met, the Issuing Bank shall issue the Bank Guarantee in hard copy or such other form requested by the relevant Borrower and acceptable to the relevant Issuing Bank (acting reasonably) on the Utilisation Date. The Utilisation Date shall be:
Issue of Bank Guarantees. (a) The Interim Facility Agent must promptly notify the relevant Issuing Bank of the details of a requested Bank Guarantee.
