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

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 5 contracts

Samples: webapp.factstream.ai, Facilities Agreement (Manchester United Ltd.), Agreement (Anheuser-Busch InBev S.A.)

AutoNDA by SimpleDocs

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time, and with respect to any Letter of Credit which is by its terms deemed to be automatically extended, such Letter of Credit shall be so renewed subject to the terms thereof.

Appears in 4 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Renewal of a Letter of Credit. (a) A The Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 3 contracts

Samples: Facility Agreement (Cascal B.V.), Agreement (Cascal B.V.), Facility Agreement (British Sky Broadcasting Group PLC)

Renewal of a Letter of Credit. (a) A Borrower (or the Company Parent on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 2 contracts

Samples: Facility Agreement (Orion Engineered Carbons S.a r.l.), Facilities Agreement (Atento S.A.)

Renewal of a Letter of Credit. (a) A Borrower (or the Company Parent on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Facility Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 2 contracts

Samples: Facilities Agreement (Iron Mountain Inc), Facilities Agreement (Iron Mountain Inc/Pa)

Renewal of a Letter of Credit. (a) A The Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that the Borrower be renewed by delivery to the Agent Issuing Person of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 2 contracts

Samples: Agreement (Metals Acquisition LTD), Agreement (Metals Acquisition Corp)

Renewal of a Letter of Credit. (a) A The Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facilities Agreement (Melco Crown Entertainment LTD)

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent relevant Facility 1 Lender of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Agreement (SunOpta Inc.)

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed or the face value be amended by delivery to the Facility Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by at least three Business Days before the Specified Timeexpiry date of that Letter of Credit.

Appears in 1 contract

Samples: Agreement (Viasystems Inc)

Renewal of a Letter of Credit. (a) A Revolving Facility Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Revolving Facility Borrower be renewed by delivery to the Facility Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facilities Agreement (NDS Group PLC)

Renewal of a Letter of Credit. (a) A The Senior Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that the Senior Borrower and (pursuant to the Senior Borrower’s obligation under the On-Loan Facility Agreement) the same On-Loan Borrower be renewed by delivery to the Facility Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Senior Facilities Agreement (Central European Distribution Corp)

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Facility Agent of a request (a "Renewal Request Request") in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified TimeCredit.

Appears in 1 contract

Samples: Agreement (Nordic Telephone CO ApS)

Renewal of a Letter of Credit. (a) A The relevant Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facility Agreement (British Sky Broadcasting Group PLC)

AutoNDA by SimpleDocs

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Agreement (Sequa Corp /De/)

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent relevant Lender of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Multipurpose Facilities Agreement (SunOpta Inc.)

Renewal of a Letter of Credit. (ai) A The Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facility Agreement (British Sky Broadcasting Group PLC)

Renewal of a Letter of Credit. (a) A Borrower (or the Company Obligors’ Agent on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

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

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on its behalf of that Borrower be renewed by delivery to the Facility Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facility Agreement (Sigma Aldrich Corp)

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Facility Agent of a request (a “Renewal Request Request”) in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified TimeCredit.

Appears in 1 contract

Samples: Senior Facilities Agreement (Nordic Telephone CO ApS)

Renewal of a Letter of Credit. (a) A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Facility Agent and the Issuing Bank of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Renewal of a Letter of Credit. (a) 6.6.1 A Borrower (or the Company on its behalf) may request that any Letter of Credit issued on behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Utilisation Request for a Letter of Credit by the Specified Time.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

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