Common use of Notice of Proposed Issuance Clause in Contracts

Notice of Proposed Issuance. With respect to each Letter of Credit, the Borrowers shall give the Bank at least two (2) Business Days' prior notice (i) specifying the date such Letter of Credit is to be issued and (ii) describing the proposed terms of such Letter of Credit and the nature of the transactions to be supported thereby.

Notice of Proposed Issuance. With respect to each Letter of Credit, the Borrowers Borrower shall give the Bank at least two (2) Business Days' prior notice (i) specifying the date such Letter of Credit is to be issued and (ii) describing the proposed terms of such Letter of Credit and the nature of the transactions to be supported thereby.