Letter of Credit Procedure. Each Letter of Credit shall be issued upon receipt by the Issuing Bank of a written request of the Borrower (a "Credit Request"), together with a duly executed Letter of Credit Agreement, not later than 11:00 A.M. (Houston, Texas time), three Business Days prior to the date set for the issuance of such Letter of Credit. Each Credit Request shall contain or specify, among other things:
Appears in 2 contracts
Samples: Credit Agreement (T-3 Energy Services Inc), Credit Agreement (T-3 Energy Services Inc)
Letter of Credit Procedure. Each Letter of Credit shall be issued upon receipt by the Issuing Bank of a written request of the Borrower (a "Credit Request"), together with a duly executed Letter of Credit Agreement, not later than 11:00 A.M. A.M., (Houston, Texas time), ) three Business Days prior to the date set for the issuance of such Letter of Credit. Each Credit Request shall contain or specify, among other things:
Appears in 2 contracts
Samples: Security Agreement (Veritas DGC Inc), Credit Agreement (Veritas DGC Inc)
Letter of Credit Procedure. Each Letter of Credit shall be issued upon receipt by the applicable Issuing Bank Lender of a written request of the US Borrower or the Canadian Borrower, as applicable (a "βCredit Request"β), together with a duly executed Letter of Credit Agreement, not later than 11:00 A.M. a.m. (Houston, Texas time), three Business Days prior to the date set for the issuance of such Letter of Credit. Each Credit Request shall contain or specify, among other things:
Appears in 1 contract
