Common use of L/C Issuer Reports to the Administrative Agent Clause in Contracts

L/C Issuer Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03, provide the Administrative Agent a Letter of Credit Report in the form of Exhibit J hereto, as set forth below: (i) reasonably prior to the time that such L/C Issuer issues, amends, renews, increases or extends a Letter of Credit, the date of such issuance, amendment, renewal, increase or extension and the stated amount of the applicable Letters of Credit after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof shall have changed); (ii) on each Business Day on which such L/C Issuer makes a payment pursuant to a Letter of Credit, the date and amount of such payment; (iii) on any Business Day on which a Xxxxxxxx fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to such L/C Issuer on such day, the date of such failure and the amount of such payment;

Appears in 3 contracts

Samples: Specified Acquisition Loan Joinder (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc)

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L/C Issuer Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03Section, provide the Administrative Agent a Letter of Credit Report in the form of Exhibit J heretoReport, as set forth below: (i) reasonably prior to the time that such L/C Issuer issues, amends, renews, increases or extends a Letter of Credit, the date of such issuance, amendment, renewal, increase or extension and the stated amount of the applicable Letters of Credit after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof shall have changed); (ii) on each any other Business Day on which Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such L/C Issuer; and (iii) for so long as any Letter of Credit issued by an L/C Issuer is outstanding, such L/C Issuer makes shall deliver to the Administrative Agent (A) on the last Business Day of each calendar month, (B) at all other times a payment Letter of Credit Report is required to be delivered pursuant to a this Agreement, and (C) on each date that (1) an L/C Credit Extension occurs or (2) there is any expiration, cancellation and/or disbursement, in each case, with respect to any such Letter of Credit, the date and amount of such payment; (iii) on any Business Day on which a Xxxxxxxx fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to Report appropriately completed with the information for every outstanding Letter of Credit issued by such L/C Issuer on such day, the date of such failure and the amount of such payment;Issuer.

Appears in 2 contracts

Samples: Credit Agreement (BJs RESTAURANTS INC), Credit Agreement (BJs RESTAURANTS INC)

L/C Issuer Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03, provide report in writing to the Administrative Agent a Letter of Credit Report in the form of Exhibit J hereto, as set forth below: Agent: (i) reasonably periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such L/C Issuer, including extensions, amendments and renewals, expirations and cancellations and disbursements and reimbursements, (ii) at least one (1) Business Day prior to the time that such L/C Issuer issues, amends, renews, increases renews or extends a Letter of Credit, the date of such issuance, amendment, renewal, increase renewal or extension and the stated amount of the applicable Letters Letter of Credit after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof shall have changed); , (iiiii) on each Business Day on which such L/C Issuer makes a payment pursuant to a Letter of Credit, the date and amount of such payment; , (iiiiv) on any Business Day on which a Xxxxxxxx the Company fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to such L/C Issuer on such day, the date of such failure and the amount of such payment;payment and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request with respect to the Letters of Credit issued by such L/C Issuer.

Appears in 2 contracts

Samples: Credit Agreement (Shiloh Industries Inc), Credit Agreement (Shiloh Industries Inc)

L/C Issuer Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03, provide report in writing to the Administrative Agent a Letter of Credit Report in the form of Exhibit J hereto, as set forth below: Agent: (i) reasonably periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such L/C Issuer, including extensions, amendments and renewals, expirations and cancellations and disbursements and reimbursements, (ii) at least one (1) Business Day prior to the time that such L/C Issuer issues, amends, renews, increases renews or extends a Letter of Credit, the date of such issuance, amendment, renewal, increase renewal or extension and the stated amount of the applicable Letters Letter of Credit after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof shall have changed); , (iiiii) on each Business Day on which such L/C Issuer makes a payment pursuant to a Letter of Credit, the date and amount of such payment; , (iiiiv) on any Business Day on which a Xxxxxxxx the Borrower fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to such L/C Issuer on such day, the date of such failure and the amount of such payment;payment and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request with respect to the Letters of Credit issued by such L/C Issuer.

Appears in 1 contract

Samples: Credit Agreement (Shiloh Industries Inc)

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L/C Issuer Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03Section, provide report in writing to the Administrative Agent a Letter of Credit Report in the form of Exhibit J hereto, as set forth below: (i) reasonably periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such L/C Issuer, including issuances, extensions, amendments, expirations and cancelations and disbursements and reimbursements, (ii) at least one Business Day prior to the time that such L/C Issuer issues, amends, renews, increases amends or extends a Letter of Credit, the date of such issuance, amendmentamendment or extension, renewal, increase or extension and the stated amount of the applicable Letters of Credit after giving effect to such issuance, amendment, renewal amendment or extension (and whether the amounts thereof shall have changed); , (iiiii) on each Business Day on which such L/C Issuer makes a payment pursuant to a Letter of Credit, the date and amount of such payment; , (iiiiv) on any Business Day on which a Xxxxxxxx the Borrower fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to such L/C Issuer on such day, the date of such failure and the amount of such payment;payment and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such L/C Issuer.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

L/C Issuer Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03Section, provide the Administrative Agent a Letter of Credit Report in the form of Exhibit J heretoReport, as set forth below: (i) reasonably prior to the time that such L/C Issuer issues, amends, renews, increases or extends a Letter of Credit, the date of such issuance, amendment, renewal, increase or extension and the stated amount of the applicable Letters of Credit after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof shall have changed); (ii) on each any other Business Day on which Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such L/C Issuer; and (iii) for so long as any Letter of Credit issued by an L/C Issuer is outstanding, such L/C Issuer makes shall deliver to the Administrative Agent (A) on the last Business Day of each calendar month, (B) at all other times a payment Letter of Credit Report is required to be delivered pursuant to a this Agreement, and (C) on each date that (1) an L/C Credit Extension occurs or (2) there is any expiration, cancellation and/or disbursement, in each Bank of America/BJ’s Restaurants, Inc./Amended and Restated Credit Agreement (9-3-14.3) case, with respect to any such Letter of Credit, the date and amount of such payment; (iii) on any Business Day on which a Xxxxxxxx fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to Report appropriately completed with the information for every outstanding Letter of Credit issued by such L/C Issuer on such day, the date of such failure and the amount of such payment;Issuer.

Appears in 1 contract

Samples: Credit Agreement (BJs RESTAURANTS INC)

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