Letter of Credit Requests; Notices of Issuance. (a) Whenever it desires that a Letter of Credit be issued, the Borrower shall give the Administrative Agent and the Letter of Credit Issuer written notice (or telephonic notice confirmed in writing) thereof prior to 12:00 Noon (New York time) at least five Business Days (or such shorter period as may be acceptable to the Letter of Credit Issuer) prior to the proposed date of issuance (which shall be a Business Day) which written notice shall be in the form of Exhibit A-2 (each, a "Letter of Credit Request"). Each Letter of Credit Request shall include any other documents as the Letter of Credit Issuer customarily requires in connection therewith. The Administrative Agent shall promptly transmit copies of each Letter of Credit Request to each Bank. (b) The Letter of Credit Issuer shall, on the date of each issuance of, or amendment or modification to, a Letter of Credit issued by it, give the Administrative Agent, each Bank and the Borrower written notice of the issuance of, or amendment or modification to, such Letter of Credit, accompanied by a copy to the Administrative Agent of the Letter of Credit or Letters of Credit issued by it and each such amendment or modification thereto.
Appears in 2 contracts
Samples: Credit Agreement (Carcomp Services Inc), Credit Agreement (Safelite Glass Corp)
Letter of Credit Requests; Notices of Issuance. (a) Whenever it desires that a Letter of Credit be issued, the Borrower shall give the Administrative Agent and the respective Letter of Credit Issuer written notice (or telephonic notice confirmed in writing) thereof prior to 12:00 Noon 1:00 P.M. (New York time) at least five Business Days (or such shorter period as may be acceptable to the such Letter of Credit Issuer) prior to the proposed date of issuance (which shall be a Business Day) which written notice shall be in the form of Exhibit A-2 (eacheach such notice, a "βLetter of Credit Request"β). Each Letter of Credit Request shall include any other documents as the respective Letter of Credit Issuer customarily requires in connection therewith. The Administrative Agent shall promptly transmit copies of each Letter of Credit Request to each Bank.
(b) The Each Letter of Credit Issuer shall, on promptly after the date of each issuance of, of or amendment or modification to, to a Letter of Credit issued by it, give the Administrative Agent, each Bank and the Borrower written notice of the issuance of, of or amendment or modification to, to such Letter of Credit, accompanied by a copy to the Administrative Agent of the such Letter of Credit or Letters of Credit issued by it and each or such amendment or modification theretomodification.
Appears in 2 contracts
Samples: Credit Agreement (Nutraceutical International Corp), Credit Agreement (Nutraceutical International Corp)
Letter of Credit Requests; Notices of Issuance. (a) Whenever it the Borrower desires that a Letter of Credit be issued, the Borrower it shall give the Administrative Agent and the Letter of Credit Issuer written notice (or telephonic facsimile transmission notice confirmed in writing) thereof prior to 12:00 Noon 1:00 P.M. (New York time) at least five Business Days (or such shorter period as may be acceptable to the Letter of Credit Issuer) prior to the proposed date of issuance (which shall be a Business Day) which written notice shall be in the form of Exhibit A-2 (eacheach such notice, a "Letter of Credit Request"). Each Letter of Credit Request shall include any other documents as the Letter of Credit Issuer customarily requires in connection therewith. The Administrative Agent shall promptly transmit copies of each Letter of Credit Request to each Bank.
(b) The Letter of Credit Issuer shall, on promptly after the date of each issuance of, of or amendment or modification to, to a Letter of Credit issued by itCredit, give the Administrative Agent, each Bank and the Borrower written notice of the issuance of, of or amendment or modification to, to such Letter of Credit, accompanied by a copy to the Administrative Agent of the such Letter of Credit or Letters of Credit issued by it and each or such amendment or modification theretomodification.
Appears in 1 contract
Samples: Credit Agreement (McMS Inc)
Letter of Credit Requests; Notices of Issuance. (a) Whenever it desires that a Letter of Credit be issued, the Borrower shall give the Administrative Agent and the respective Letter of Credit Issuer written notice (or telephonic notice confirmed in writing) thereof prior to 12:00 Noon 1:00 P.M. (New York time) at least five Business Days (or such shorter period as may be acceptable to the such Letter of Credit Issuer) prior to the proposed date of issuance (which shall be a Business Day) which written notice shall be in the form of Exhibit A-2 (eacheach such notice, a "Letter of Credit Request"). Each Letter of Credit Request shall include any other documents as the respective Letter of Credit Issuer customarily requires in connection therewith. The Administrative Agent shall promptly transmit copies of each Letter of Credit Request to each Bank.
(b) The Each Letter of Credit Issuer shall, on promptly after the date of each issuance of, of or amendment or modification to, to a Letter of Credit issued by it, give the Administrative Agent, each Bank and the Borrower written notice of the issuance of, of or amendment or modification to, to such Letter of Credit, accompanied by a copy to the Administrative Agent of the such Letter of Credit or Letters of Credit issued by it and each or such amendment or modification theretomodification.
Appears in 1 contract
Samples: Credit Agreement (Nutraceutical International Corp)