Common use of Notice and Reports Clause in Contracts

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted to the Issuing Lender at least three Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, provide to the Agent for dissemination to the Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the prior report, and including therein, among other things, the account party, the beneficiary, the face amount, and the expiry date as well as any payments or expirations which may have occurred. The Issuing Lender will further provide to the Agent, promptly upon request, copies of the Letters of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Moll Industries Inc), Credit Agreement (Steel Heddle International Inc), Credit Agreement (Integrated Living Communities Inc)

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Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted to the Issuing Lender at least three two Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently upon request, provide to the Agent for dissemination to the Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the prior report, and including therein, among other things, the account party, the beneficiary, the face amount, and the expiry date as well as any payments or expirations which may have occurred. The Issuing Lender will further provide to the Agent, promptly upon request, copies of the Letters of Credit.

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Duke Energy Field Services LLC), 364 Day Credit Agreement (Duke Energy Field Services LLC), 364 Day Credit Agreement (Duke Energy Field Services LLC)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently will promptly upon request, request provide to the Administrative Agent for dissemination to the Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the any prior report, and including therein, among other things, the account party, the beneficiary, the face amount, and the expiry date as well as any payments or expirations which may have occurred. The Issuing Lender will further provide to the Agent, Administrative Agent promptly upon request, request copies of the Letters of Credit.Letters

Appears in 1 contract

Samples: Credit Agreement (Bassett Furniture Industries Inc)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted to the an Issuing Lender at least three Business Days prior to the requested date of issuance. The Each Issuing Lender will, at least quarterly and more frequently upon request, provide to the Agent for dissemination to the Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the prior report, and including therein, among other things, the account party, the beneficiary, the face amount, and the expiry date as well as any payments or expirations which may have occurred. The Each Issuing Lender will further provide to the Agent, promptly upon request, copies of the Letters of CreditCredit and the other LOC Documents.

Appears in 1 contract

Samples: Credit Agreement (Delta Woodside Industries Inc /Sc/)

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Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted to the Issuing Lender at least three five (5) Business Days prior to the requested date of issuance. The Issuing Lender will, at least quarterly and more frequently will promptly upon request, request provide to the Administrative Agent for dissemination to the Lenders a detailed report specifying the Letters of Credit which are then issued and outstanding and any activity with respect thereto which may have occurred since the date of the any prior report, and including therein, among other things, the account party, the beneficiary, the face amount, and the expiry date as well as any payments or expirations which may have occurred. The Issuing Lender will further provide to the Agent, Administrative Agent promptly upon request, request copies of the Letters of Credit.Letters

Appears in 1 contract

Samples: Credit Agreement (Florida Rock Industries Inc)

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