Letter of Credit Reports. Each Issuing Bank shall furnish (A) to the Administrative Agent (with a copy to the Borrower) on the first Domestic Business Day of each month a written report summarizing issuance and expiration dates of L/C Credit Extensions issued during the preceding month and drawings during such month under each Letter of Credit and (B) to the Administrative Agent and each Bank (with a copy to the Borrower) on the first Domestic Business Day of each calendar quarter a written report setting forth the average daily aggregate L/C Obligations during the preceding calendar quarter of all Letters of Credit.
Appears in 8 contracts
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Letter of Credit Reports. Each Issuing Bank shall furnish (A) to the Administrative Agent and each Lender (with a copy to the Borrower) on the first Domestic Business Day of each month a written report summarizing issuance Issuance and expiration dates of L/C Letters of Credit Extensions issued Issued by such Issuing Bank during the preceding month and drawings during such month under each Letter all Letters of Credit and (B) to the Administrative Agent and each Bank Lender (with a copy to the Borrower) on the first Domestic Business Day of each calendar quarter a written report setting forth the average daily aggregate L/C Obligations Available Amount during the preceding calendar quarter of all Letters of CreditCredit Issued by such Issuing Bank.
Appears in 7 contracts
Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement, Credit Agreement (Royal Caribbean Cruises LTD)
Letter of Credit Reports. Each The Issuing Bank shall furnish (A) to the Administrative Agent (with a copy to the Borrower) on the first Domestic Business Day of each month a written report summarizing issuance and expiration dates of L/C Credit Extensions issued during the preceding month and drawings during such month under each Letter of Credit and (B) to the Administrative Agent and each Bank (with a copy to of the Borrower) Revolving Credit Lenders on the first Domestic Business Day of each calendar quarter a written report setting forth (i) the issuance and expiration dates of all Letters of Credit issued during the immediately preceding calendar quarter and the drawings under all Letters of Credit outstanding during such immediately preceding calendar quarter and (ii) the average daily aggregate L/C Obligations during the preceding calendar quarter Available Amount of all Letters of CreditCredit outstanding during the immediately preceding calendar quarter.
Appears in 3 contracts
Samples: Credit Agreement (Caremark Rx Inc), Credit Agreement (Caremark Rx Inc), Credit Agreement (Medpartners Inc)
Letter of Credit Reports. Each The applicable Issuing Bank shall furnish (A) to the Administrative Agent (with a copy to which shall promptly notify the Borrowerapplicable Revolving Credit Lenders) on the first Domestic Business Day of each month a written report summarizing issuance and expiration dates of L/C Letters of Credit Extensions issued under each Revolving Credit Facility during the preceding month and drawings during such month under each Letter all Letters of Credit and (B) to the Administrative Agent and each Bank (with a copy to the BorrowerCompany) on the first Domestic Business Day of each calendar quarter a written report setting forth the average daily aggregate L/C Obligations Available Amount during the preceding calendar quarter of all Letters of Credit.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (Sealed Air Corp/De), Syndicated Facility Agreement (Sealed Air Corp/De)