Common use of Procedures for Letters of Credit Clause in Contracts

Procedures for Letters of Credit. Each request for a Letter of Credit shall be made by the Borrower in Writings by telex, facsimile transmission or electronic conveyance received by the Bank by 2:00 P.M., Minneapolis time, on a Business Day which is not less than one Business Day preceding the requested date of issuance (which shall also be a Business Day). Each request for a Letter of Credit shall be deemed a representation by the Borrower that on the date of issuance of such Letter of Credit and after giving effect thereto the applicable conditions specified in Article III have been and will be satisfied. The Bank may require that such request be made on such letter of credit application and reimbursement agreement form as the Bank may from time to time specify, along with satisfactory evidence of the authority and incumbency of the officers of the Borrower making such request.

Procedures for Letters of Credit. Each request for a Letter of Credit shall be made by the Borrower in Writings writing, by telex, facsimile transmission or electronic conveyance received by the Bank by 2:00 P.M.p.m., Minneapolis time, on a Business Day which is not less than one Business Day preceding the requested date of issuance (which shall also be a Business Day). Each request for a Letter of Credit shall be deemed a representation by the Borrower that on the date of issuance of such Letter of Credit and after giving effect thereto the applicable conditions specified in Article III have been and will be satisfied. The Bank may require that such request be made on such letter of credit application and reimbursement agreement form as the Bank may from time to time specify, along with satisfactory evidence of the authority and incumbency of the officers officials of the Borrower making such request.

Procedures for Letters of Credit. Each request for a Letter of Credit shall be made by the Borrower in Writings writing, by telex, facsimile telefacsimile transmission or electronic conveyance received by the Bank by 2:00 P.M.12:00 noon, Minneapolis time, on a Business Day which is not less than one three Business Day Days preceding the requested date of issuance (which shall also be a Business Day). Each request for a Letter of Credit shall be deemed a representation by the Borrower that on the date of issuance of such Letter of Credit Credit, and after giving effect thereto thereto, the applicable conditions specified in Article III have been and will be satisfied. The Bank may require that such request be made on such letter of credit application and reimbursement agreement form as the Bank may from time to time specify, along with satisfactory evidence of the authority and incumbency of the officers officials of the Borrower making such request.

Procedures for Letters of Credit. Each request for a Letter of Credit shall be made by the a Corporate Borrower in Writings writing, by telex, facsimile transmission or electronic conveyance received by the Bank Lender by 2:00 P.M.p.m., Minneapolis time, on a Business Day which is not less than one Business Day preceding the requested date of issuance (which shall also be a Business Day). Each request for a Letter of Credit shall be deemed a representation by the Borrower that on the date of issuance of such Letter of Credit and after giving effect thereto the applicable conditions specified in Article III have been and will be satisfied. The Bank Lender may require that such request be made on such letter of credit application and reimbursement agreement form as the Bank Lender may from time to time specify, along with satisfactory evidence of the authority and incumbency of the officers officials of the Borrower making such request.

Procedures for Letters of Credit. Each request for a Letter of Credit shall be made by the Borrower in Writings writing, by telex, facsimile transmission or electronic conveyance received by the Bank Lender by 2:00 P.M., Minneapolis time, 11:00 A.M. (Denver Time) on a Business Banking Day which that is not less than one Business Banking Day preceding the requested date of issuance (which shall also be a Business Banking Day). Each request for a Letter of Credit shall be deemed a representation by the Borrower that on the date of issuance of such Letter of Credit and after giving effect thereto the applicable conditions specified in Article III have been and will be satisfied. The Bank Lender may require that such request be made on such letter of credit application and reimbursement agreement form as the Bank Lender may from time to time specify, along with satisfactory evidence of the authority and incumbency of the officers officials of the Borrower making such requestBorrower.

Procedures for Letters of Credit. Each request for a Letter of Credit shall be made by the a Borrower in Writings writing, by telex, facsimile transmission or electronic conveyance received by the Bank Lender by 2:00 P.M.p.m., Minneapolis time, on a Business Day which is not less than one Business Day preceding the requested date of issuance (which shall also be a Business Day). Each request for a Letter of Credit shall be deemed a representation by the Borrower Borrowers that on the date of issuance of such Letter of Credit and after giving effect thereto the applicable conditions specified in Article III have been and will be satisfied. The Bank Lender may require that such request be made on such letter of credit application and reimbursement agreement form as the Bank Lender may from time to time specify, along with satisfactory evidence of the authority and incumbency of the officers officials of the Borrower making such request.