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

Renewal of a Letter of Credit. (a) A Borrower may request any Letter of Credit issued on its behalf be renewed by delivery to the Agent of a Renewal Request by the Specified Time.

Appears in 8 contracts

Samples: Linde PLC, Agreement (Signet Jewelers LTD), Agreement (Paradigm Ltd.)

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Renewal of a Letter of Credit. (a) A The Borrower may request any Letter of Credit issued on its behalf be renewed by the relevant Issuing Bank by delivery to the Administrative Agent of a Renewal Request by the Specified Time.

Appears in 1 contract

Samples: Security Agreement (Pride International Inc)

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