Common use of Letter of Credit Participation Clause in Contracts

Letter of Credit Participation. each Lender and each Fronting Lender, as applicable, will make available to the Borrower the Letter of Credit requested by the Borrower at its Branch of Account.

Appears in 3 contracts

Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)

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Letter of Credit Participation. each Lender and each Fronting the Issuing Lender, as applicable, will make available to the Borrower the Letter of Credit requested by the Borrower at its Branch of Account.

Appears in 2 contracts

Samples: Credit Agreement (Pengrowth Energy Trust), Credit Agreement (Pengrowth Energy Trust)

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