Common use of Reduction of a Letter of Credit Clause in Contracts

Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Date of a Letter of Credit, any of the Lenders under the Revolving Facility is a Non-Acceptable L/C Lender and:

Appears in 4 contracts

Samples: Facilities Agreement (ShangPharma Corp), Facility Agreement (WABCO Holdings Inc.), South Texas Supply Company, Inc.

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Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Date of a Letter of Credit, any of the Lenders under the Revolving Facility is a Non-Acceptable L/C Lender and:

Appears in 3 contracts

Samples: Facility Agreement (Orion Engineered Carbons S.a r.l.), Linde PLC, Facilities Agreement (Manchester United Ltd.)

Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Date of a Letter of Credit, any of the Lenders under the Revolving Facility Lender is a Non-Acceptable L/C Lender and:

Appears in 3 contracts

Samples: Agreement (Amec PLC), Agreement (Amec PLC), Agreement (Amec PLC)

Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Utilization Date of a Letter of Credit, any of the Lenders under the Revolving Facility is a Non-–Acceptable L/C Lender and:

Appears in 2 contracts

Samples: Credit Agreement (1295728 Alberta ULC), Intercreditor Agreement (1295728 Alberta ULC)

Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Date of a Letter of Credit, any of the Lenders under the Original Revolving Facility is a Non-Acceptable L/C Lender and:

Appears in 1 contract

Samples: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.)

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Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Date of a Letter of Credit, any of the Lenders Lender under the Revolving Facility is a Non-Acceptable L/C Lender and:

Appears in 1 contract

Samples: Facilities Agreement (Melco Crown Entertainment LTD)

Reduction of a Letter of Credit. (a) If, on the proposed Utilisation Date of a Letter of Credit, any of the Lenders Lender under the Revolving Facility 2 is a Non-Acceptable L/C Lender and:

Appears in 1 contract

Samples: webapp.factstream.ai

Reduction of a Letter of Credit. (a) If, on or before the proposed Utilisation Date of a Letter of Credit, any of the Lenders under the Revolving Facility is a Non-Acceptable L/C Lender and:

Appears in 1 contract

Samples: Facilities Agreement (Atento S.A.)

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