Common use of Letter of Credit Line Clause in Contracts

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “Letter of Credit” and collectively, “Letters of Credit”) from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail be subject to approval by Lender, in its reasonable discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “Letter of Credit Agreement”). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, Upon the Maturity Date, the amount of Letters of Credit Obligations shall be cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower Borrowers (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as ABL Advances for purposes of determining availability under the ABL Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other ABL Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower Borrowers in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby Bank agrees to issue or cause an Affiliate of Bank to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances Revolving Loans for purposes of determining availability under the Credit Limit Maximum Revolving Loan Balance and shall decrease, on a dollar-for-dollar basis, the amount available for other AdvancesRevolving Loans. The form and substance of each Letter of Credit snail shall be subject to approval by LenderBank, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender Bank in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Revolving Loan Commitment Termination Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by LenderBank.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender Bank hereby agrees to establish a letter of credit line (“Letter of Credit Line”) under which Bank shall issue or cause an Affiliate affiliate to issue commercial and standby letters of credit (denominated in an Approved Currency) for the account of Borrower to finance working capital and other corporate requirements (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to timetime up to and including March 27, 2014; provided however, that (a) the aggregate of all undrawn amounts, and all amounts drawn and unreimbursed, under any Letters of Credit issued under the Letter of Credit Obligations Line shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other AdvancesL/C Line Commitment Amount. The form and substance of each Letter of Credit snail shall be subject to approval by LenderBank, in its reasonable sole discretion. Each Letter of Credit shall be issued for a term not to extend beyond March 27, 2014, as designated by Borrower. Each Letter of Credit shall be subject to the additional terms of the Commercial and Standby Letter of Credit agreementsAgreements, as applicable, to be dated as of the date of their respective execution, applications thereunder, and any related documents required by Lender Bank in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid Bank shall be under no obligation to issue any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstandingif, Upon the Maturity Datefollowing its issuance, the Required Collateral Value would be less than the amount required under the Second Amended and Restated Joint Addendum to Amended and Restated Security Agreement (Deposits Account) and Security Agreement (Securities Account) dated as of Letters of Credit Obligations shall be cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if April 17, 2009 - (the term of this Agreement is not extended by Lender.“Addendum”)

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as ABL Advances for purposes of determining availability under the ABL Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other ABL Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters Letter of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit International Sublimit less the FX Amount, and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Domestic Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters Letter of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “Letters collectively,"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters Letter of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower Borrowers (each, a “Letter of Credit” and collectively, “Letters of Credit”) from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Revolving Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Revolving Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “Letter of Credit Agreement”). Each draft paid under any Letter of Credit shall be repaid by Borrower Borrowers in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower Borrowers (each, a “Letter of Credit” and collectively, “Letters of Credit”) from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “Letter of Credit Agreement”). Each draft paid under any Letter of Credit shall be repaid by Borrower Borrowers in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations Borrowers shall be cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Cash Collateralize all Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of any Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower Borrowers in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “Letter of Credit” and collectively, “Letters of Credit”) from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. No Letter of Credit shall have an expiration date subsequent to the Maturity Date. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “Letter of Credit Agreement”). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued made that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters Letter of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit Sublimit and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and Borrowing Base and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.

Letter of Credit Line. Subject to the terms and conditions of this Agreement, Lender hereby agrees to issue or cause an Affiliate to issue letters of credit for the account of Borrower (each, a “"Letter of Credit” " and collectively, “"Letters of Credit”") from time to time; provided that (a) the Letter of Credit Obligations shall not at any time exceed the Letter of Credit International Sublimit less the FX Reserve Amount and (b) the Letter of Credit Obligations will be treated as Advances for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The form and substance of each Letter of Credit snail shall be subject to approval by Lender, in its reasonable sole discretion. Each Letter of Credit shall be subject to the additional terms of the Letter of Credit agreements, applications and any related documents required by Lender in connection with the issuance thereof (each, a “"Letter of Credit Agreement”"). Each draft paid under any Letter of Credit shall be repaid by Borrower in accordance with the provisions of the applicable Letter of Credit Agreement. No Letter of Credit shall be issued that results in an Overadvance or while any Overadvance is outstanding, . Upon the Maturity Date, the amount of Letters Letter of Credit Obligations shall be secured by unencumbered cash collateralized on terms acceptable to Lender in an amount equal to 100% of such Letters of Credit Obligations if the term of this Agreement is not extended by Lender.