Common use of LC Issuer Agreements Clause in Contracts

LC Issuer Agreements. Each LC Issuer agrees that, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each week, the daily activity (set forth by day) during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuer, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any LC Disbursement, the date of such LC Disbursement and the amount of such LC Disbursement, (iv) on any Business Day on which the Borrowers fail to reimburse an LC Disbursement required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided to any Lender upon such Lender’s request.

LC Issuer Agreements. Each LC Issuer agrees that, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each week, the daily activity (set forth by day) in respect of Facility LCs during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuerweek, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of CreditFacility LC, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit Facility LCs to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes pays any LC Disbursementamount in respect of one or more drawings under Facility LCs, the date of such LC Disbursement payment(s) and the amount of such LC Disbursementpayment(s), (iv) on any Business Day on which the Borrowers fail to reimburse an LC Disbursement any amount required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement payment in respect of Facility LCs and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided request with respect to any Lender upon such Lender’s requestFacility LCs.

LC Issuer Agreements. Each LC Issuer agrees thatAt any time while any Letter of Credit or Reimbursement Obligation remains outstanding, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing provide to the Administrative Agent Co-Agents (i) on not later than the first third Business Day of each week, the daily activity (set forth by day) in respect of Letters of Credit during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuerweek, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such the LC Issuer expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such the LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Wachovia Agent or the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any LC Disbursementpayment to a beneficiary pursuant to a Letter of Credit, the date of such LC Disbursement and the amount of such LC Disbursementpayment, (iv) on any Business Day on which the Borrowers fail Seller fails to reimburse an LC Disbursement a Reimbursement Obligation required to be reimbursed to such the LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date and amount of such failure and the amount and currency of such LC Disbursement failure, and (v) on any other Business Day, such other information as any of the Administrative Agent shall Co-Agents may reasonably request. Such reports The LC Issuer shall be provided to any Lender upon such Lenderinvoice the Seller for LC Fees no later than the 10th Business Day immediately preceding each Fee Payment Date (as defined in the Co-Agents’ Fee Letter) and shall disburse each Committed Purchaser’s requestshare of LC Fees and Interest received by the LC Issuer within two Business Days after the LC Issuer’s receipt thereof.

LC Issuer Agreements. Each LC Issuer agrees that, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each week, the daily activity (set forth by day) during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuer, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any LC Disbursement, the date of such LC Disbursement and the amount of such LC Disbursement, (iv) on any Business Day on which the Borrowers fail Borrower fails to reimburse an LC Disbursement required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided to any Lender upon such Lender’s request.

LC Issuer Agreements. Each LC Issuer agrees thatAt any time while any Letter of Credit or Reimbursement Obligation remains outstanding, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on not later than the first third Business Day of each week, the daily activity (set forth by day) in respect of Letters of Credit during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuerweek, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such the LC Issuer expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such the LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Blue Ridge Agent or the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any LC Disbursementpayment to a beneficiary pursuant to a Letter of Credit, the date of such LC Disbursement and the amount of such LC Disbursementpayment, (iv) on any Business Day on which the Borrowers fail Seller fails to reimburse an LC Disbursement a Reimbursement Obligation required to be reimbursed to such the LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date and amount of such failure and the amount and currency of such LC Disbursement failure, and (v) on any other Business Day, such other information as any of the Administrative Agent shall Co-Agents may reasonably request. Such reports The LC Issuer shall be provided to any Lender upon such Lenderinvoice the Seller for LC Fees no later than the 10th Business Day immediately preceding each Settlement Date described in clause (A) of the definition of “Settlement Date” and shall disburse each Committed Purchaser’s requestshare of LC Fees and Interest received by the LC Issuer within two Business Days after the LC Issuer’s receipt thereof.

LC Issuer Agreements. Each LC Issuer agrees that, unless Unless otherwise requested by the Administrative Agent, such each LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each weekcalendar month, the daily activity (set forth by day) in respect of Letters of Credit during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuerweek, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreementoccur, (iii) on each Business Day on which such LC Issuer makes any LC Disbursement, the date of such LC Disbursement and the amount of such LC Disbursement, (iv) on any Business Day on which the Borrowers fail Borrower fails to reimburse an LC Disbursement required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided to any Lender upon such Lender’s request.

LC Issuer Agreements. Each LC Issuer agrees that, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each week, the daily activity (set forth by day) in respect of Facility LCs during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuerweek, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of CreditFacility LC, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit Facility LCs to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit Facility LC to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any LC Disbursementpayment pursuant to a Facility LC, the date of such LC Disbursement payment and the amount of such LC Disbursementpayment, (iv) on any Business Day on which the Borrowers fail any Borrower fails to reimburse a payment made by an LC Disbursement Issuer in respect of a Facility that is required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement payment and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided to any Lender upon such Lender’s request.

LC Issuer Agreements. Each LC Issuer agrees that, unless Unless otherwise requested by the Administrative Agent, such each LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each weekcalendar month, the daily activity (set forth by day) in respect of Facility LCs during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuermonth, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of CreditFacility LC, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit Facility LCs to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit Facility LC to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any LC Disbursementdisbursement under any Facility LC, the date of such LC Disbursement disbursement and the amount of such LC Disbursementdisbursement, (iv) on any Business Day on which the Borrowers fail Borrower fails to reimburse an any disbursement under any Facility LC Disbursement required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement disbursement and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided to any Lender upon such Lender’s request.

LC Issuer Agreements. Each LC Issuer agrees thatAt any time while any Letter of Credit or Reimbursement Obligation remains outstanding, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on not later than the first fifth Business Day of each weekmonth, each LC Issuer shall deliver a written report to the Co-Agents summarizing the daily activity (set forth by day) in respect of Letters of Credit during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuermonth, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such an LC Issuer expects to issue, amend, renew or extend any Letter of CreditCredit (including, without limitation, renewals and extensions pursuant to evergreen clauses), each LC Issuer shall advise the Co-Agents in writing of the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes any payment to a beneficiary pursuant to a Letter of Credit, such LC Disbursement, Issuer shall advise the Co-Agents in writing of the date of such LC Disbursement and the amount of such LC Disbursementpayment, (iv) on any Business Day on which the Borrowers fail Borrower fails to reimburse an LC Disbursement a Reimbursement Obligation required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, such LC Issuer shall advise the Co-Agents in writing of the date and amount of such failure and the amount and currency of such LC Disbursement failure, and (v) on any other Business Day, such LC Issuer shall provide the Co-Agents with such other information relevant to the Letters of Credit as any of the Administrative Agent shall Co-Agents may reasonably request. Such reports Each LC Issuer shall invoice Borrower for LC Fees no later than the 5th Business Day immediately preceding each Distribution Date (which invoice may be provided to any Lender upon combined with the invoice described in Section 3.5) and shall disburse each Committed Lender's share of LC Fees and interest received by such Lender’s requestLC Issuer within one Business Day after such LC Issuer's receipt thereof.

LC Issuer Agreements. Each LC Issuer agrees that, unless otherwise requested by the Administrative Agent, such LC Issuer shall report in writing to the Administrative Agent (i) on the first Business Day of each week, the daily activity (set forth by day) in respect of Facility LCs during the immediately preceding week in respect of all Letters of Credit issued by such LC Issuerweek, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements and reimbursements, (ii) on or prior to each Business Day on which such LC Issuer expects to issue, amend, renew or extend any Letter of CreditFacility LC, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the Letters of Credit Facility LCs to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), it being understood that such LC Issuer shall not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit Facility LC to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, (iii) on each Business Day on which such LC Issuer makes pays any LC Disbursementamount in respect of one or more drawings under Facility LCs, the date of such LC Disbursement payment(s) and the amount of such LC Disbursementpayment(s), (iv) on any Business Day on which the Borrowers fail Borrower fails to reimburse an LC Disbursement any Reimbursement Obligation required to be reimbursed to such LC Issuer (or any Revolving Lender, with respect to any Several Letter of Credit that such LC Issuer issued) on such day, the date of such failure and the amount and currency of such LC Disbursement payment in respect of Facility LCs and (v) on any other Business Day, such other information as the Administrative Agent shall reasonably request. Such reports shall be provided to any Lender upon such Lender’s request.