Common use of Letters of Credit Issued and Acceptances Created by the Issuing Banks Clause in Contracts

Letters of Credit Issued and Acceptances Created by the Issuing Banks. Subject to the terms and conditions of this Agreement, if requested by the Lead Borrower on behalf of the Borrowers, each Issuing Bank agrees to issue one or more Commercial Letters of Credit or Standby Letters of Credit and one or more Acceptances, in each case denominated in Dollars, Canadian Dollars or Euros (it being agreed and understood that an Acceptance may be rejected for payment by an Issuing Bank as an Acceptance Lender if it is not in compliance with any underlying application, agreement, or Letter of Credit relating thereto) for the account of any of the Borrowers (whether one or more) or in support of an obligation of any Loan Party or any of the Borrowers’ Subsidiaries which are not Loan Parties, in each case at any time and from time to time after the date hereof and prior to the Termination Date.

Letters of Credit Issued and Acceptances Created by the Issuing Banks. Subject to the terms and conditions of this Agreement, if requested by the Lead Borrower on behalf of the Borrowers, each Issuing Bank agrees to issue one or more Commercial Letters of Credit or Standby Letters of Credit and one or more Acceptances, in each case denominated in Dollars, Canadian Dollars or Euros (it being agreed and understood that an Acceptance may be rejected for payment by an Issuing Bank as an Acceptance Lender if it is not in compliance with any underlying application, agreement, or Letter of Credit relating thereto) for the account of any of the Borrowers or any Subsidiary thereof, whether or not a Loan Party (whether one or more) or in support of an obligation of any Loan Party or any of the Borrowers’ Subsidiaries which are are, whether or not a Loan PartiesPartiesParty, in each case at any time and from time to time after the date hereof and prior to the Termination Date.

Letters of Credit Issued and Acceptances Created by the Issuing Banks. Subject to the terms and conditions of this Agreement, if requested by the Lead Borrower on behalf of the Borrowers, each Issuing Bank agrees to issue one or more Commercial Letters of Credit or Standby Letters of Credit and one or more Acceptances, in each case denominated in Dollars, Canadian Dollars or Euros (it being agreed and understood that an Acceptance may be rejected for payment by an Issuing Bank as an Acceptance Lender if it is not in compliance with any underlying application, agreement, or Letter of Credit relating thereto) for the account of any of the Borrowers or any Subsidiary thereof, whether or not a Loan Party (whether one or more) or in support of an obligation of any Loan Party or any of the Borrowers’ Subsidiaries which are Subsidiaries, whether or not a Loan PartiesParty, in each case at any time and from time to time after the date hereof Fifth Amendment Effective Date and prior to the Termination Date.