Common use of Notice of Letter of Credit Balance Clause in Contracts

Notice of Letter of Credit Balance. On each Settlement Date the Agent shall notify each Lender of the issuance of all Letters of Credit since the prior Settlement Date, and upon request of a Lender, shall provide to such Lender the terms and amounts thereof and identify any “evergreen” or automatically renewable Letters of Credit issued and the date on which the applicable Letter of Credit Issuer is entitled to decline such renewal or extension.

Notice of Letter of Credit Balance. On each Settlement Date Date, the Agent shall notify each Revolving Credit Lender of the issuance of all Letters of Credit since the prior Settlement Date. In addition, and upon the reasonable request of a LenderRevolving Credit Lender from time to time, the Agent shall provide to such Revolving Credit Lender with a list of the terms and amounts thereof and identify any “evergreen” or automatically renewable then outstanding Letters of Credit issued and the date on which the applicable Letter of Credit Issuer is entitled to decline such renewal or extensionCredit.

Notice of Letter of Credit Balance. On each Settlement Date the Agent shall notify each Lender of the issuance of all Letters of Credit since the prior Settlement Date, and upon request of a Lender, shall provide to such Lender the terms and amounts thereof and identify any “"evergreen” " or automatically renewable Letters of Credit issued and the date on which the applicable Letter of Credit Issuer is entitled to decline such renewal or extension.