Common use of Letter of Credit Requests; Notices of Issuance Clause in Contracts

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 11:00 A.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 (each 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. (b) Upon its issuance of or amendment to any Letter of Credit, the Letter of Credit Issuer shall promptly notify the Administrative Agent, each RL Bank and the Borrower of such issuance or amendment, which notice shall include a summary description of the Letter of Credit actually issued and any amendments thereto.

Appears in 3 contracts

Samples: Credit Agreement (Inacom Corp), Credit Agreement (Inacom Corp), Credit Agreement (Inacom Corp)

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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 11:00 A.M. 12:00 Noon (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 (each 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. (b) Upon its Each Letter of Credit Issuer shall, promptly after the date of each issuance of or amendment or modification to any Letter of Credit, the a Letter of Credit Issuer shall promptly notify by it, give the Administrative Agent, each RL 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 Agent of such issuance or amendment, which notice shall include a summary description of the Letter of Credit actually issued and any amendments theretoor Letters of Credit or such amendment or modification.

Appears in 2 contracts

Samples: Credit Agreement (Wesley Jessen Holding Inc), Credit Agreement (Wesley Jessen Visioncare Inc)

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