Common use of LC Bank credit review Clause in Contracts

LC Bank credit review. 25.1.1 If at any time during the Primary Period the Credit Rating of the LC Bank is less than the Minimum LC Bank Credit Rating (other than following the occurrence of a Relevant Bank Event in relation to such LC Bank), the Lessor shall be entitled to notify the Lessee in writing advising the Lessee that either:

Appears in 5 contracts

Samples: Dated April 2003 (Golar LNG LTD), April 2003 (Golar LNG LTD), Dated April (Golar LNG LTD)

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