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 by the Company 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 upon request, disseminate to each of the U.S. Lenders and each of the Multicurrency 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 beneficiary, the face amount and the expiry date, as well as any payment or expirations which may have occurred.

Appears in 3 contracts

Samples: Credit Agreement (Hercules Inc), Credit Agreement (Hercules Inc), Credit Agreement (Hercules Inc)

AutoNDA by SimpleDocs

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by an Executive Officer of the Company Borrower to the Issuing Lender and the Agent at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender willwill provide to the Agent, at least quarterly and more frequently upon request, who will in turn disseminate to each of the U.S. Lenders and each of the Multicurrency 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 beneficiary, the face amount and the expiry date, as well as any payment or expirations which may have occurred.

Appears in 3 contracts

Samples: Credit Agreement (Mg Waldbaum Co), Credit Agreement (Michael Foods Inc /Mn), Credit Agreement (Mg Waldbaum Co)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by an Executive Officer of the Company Borrower to the Issuing Lender and the Administrative Agent at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender willwill provide to the Administrative Agent, at least quarterly and more frequently upon request, who will in turn disseminate to each of the U.S. Lenders and each of the Multicurrency 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 beneficiary, the face amount and the expiry date, as well as any payment or expirations which may have occurred.

Appears in 2 contracts

Samples: Credit Agreement (Birds Eye Foods, Inc.), Credit Agreement (Agrilink Foods Inc)

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Company Borrower to the Issuing Lender at least three (3) Business Days prior to the requested date of issuance. The Issuing Lender willwill provide to the Administrative Agent, at least quarterly and more frequently upon requestrequest of the Administrative Agent (or any Lender through the Administrative Agent), who will in turn, disseminate to each of the U.S. Lenders and each of the Multicurrency 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 beneficiary, the face amount and the expiry date, as well as any payment or expirations which may have occurred.

Appears in 2 contracts

Samples: Credit Agreement (Signal Medical Services), Credit Agreement (Jw Childs Equity Partners Ii Lp)

AutoNDA by SimpleDocs

Notice and Reports. The request for the issuance of a Letter of Credit shall be submitted by the Company Borrower to the applicable Issuing Lender and the Agent at least three (3) Business Days prior to the requested date of issuance. The applicable Issuing Lender willwill provide to the Agent, at least quarterly and more frequently upon requestquarterly, who will in turn, disseminate to each of the U.S. Lenders and each of the Multicurrency 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 beneficiary, the face amount and the expiry date, as well as any payment or expirations which may have occurred.

Appears in 1 contract

Samples: Credit Agreement (Condor Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!