Common use of Letters of Credit and Letter of Credit Rights Clause in Contracts

Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any letter of credit with a face amount in excess of $1,000,000 (including any “Letter of Credit”) other than the letters of credit described on Schedule 4.9 (as such schedule may be amended or supplemented from time to time).

Appears in 5 contracts

Samples: Credit Agreement (Ollie's Bargain Outlet Holdings, Inc.), Guarantee and Collateral Agreement (Ollie's Bargain Outlet Holdings, Inc.), Guarantee and Collateral Agreement (Ollie's Bargain Outlet Holdings, Inc.)

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Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any letter Letter of credit with a face amount Credit individually or in the aggregate in excess of $1,000,000 (including any “Letter of Credit”) 5,000,000 other than the letters of credit described on Schedule 4.9 3.09 (as such schedule may be amended or supplemented from time to time).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Acuren Corp), Pledge and Security Agreement (APi Group Corp)

Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any letter of credit with a face amount in excess of $1,000,000 (including any “Letter of Credit”) other than the letters of credit described on Schedule 4.9 4.10 (as such schedule may be amended or supplemented from time to time).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Generac Holdings Inc.)

Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any letter Letter of credit with a face amount Credit individually or in the aggregate in excess of $1,000,000 (including any “Letter of Credit”) 5,000,000 other than the letters Letters of credit Credit described on Schedule 4.9 3.09 (as such schedule may be amended or supplemented from time to time).

Appears in 1 contract

Samples: Pledge and Security Agreement (Element Solutions Inc)

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Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any letter of credit with a face amount in excess of $1,000,000 5,000,000 (including any “Letter of Credit”) other than the letters of credit described on Schedule 4.9 (as such schedule may be amended or supplemented from time to time).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ollie's Bargain Outlet Holdings, Inc.)

Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any letter of credit with a face amount in excess of $1,000,000 2,000,000 (including any “Letter of Credit”) other than the letters of credit described on Schedule 4.9 (as such schedule may be amended or supplemented from time to time).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ollie's Bargain Outlet Holdings, Inc.)

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