Common use of Request for Incurrence of Letter of Credit Obligations Clause in Contracts

Request for Incurrence of Letter of Credit Obligations. Borrowers shall give Administrative Agent at least five (5) Business Days’ prior written notice requesting the incurrence of any Letter of Credit Obligation. The notice shall be accompanied by the form of the Letter of Credit (which shall be acceptable to the Issuing Bank) and an application therefor completed to the satisfaction of the Issuing Bank.

Appears in 5 contracts

Samples: Credit Agreement (Independence Contract Drilling, Inc.), Credit Agreement (Independence Contract Drilling, Inc.), Guarantee and Collateral Agreement (Independence Contract Drilling, Inc.)

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Request for Incurrence of Letter of Credit Obligations. Borrowers Borrower shall give Administrative Agent at least five (5) Business Days’ prior written notice requesting the incurrence of any Letter of Credit Obligation. The notice shall be accompanied by the form of the Letter of Credit (which shall be acceptable to the Issuing Bank) and an application therefor completed to the satisfaction of the Issuing Bank.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Joe's Jeans Inc.), Revolving Credit Agreement (Joe's Jeans Inc.)

Request for Incurrence of Letter of Credit Obligations. The Borrowers shall give Administrative Agent at least five (5) Business Days’ prior written notice requesting the incurrence of any Letter of Credit Obligation. The notice shall be accompanied by the form of the Letter of Credit (which shall be acceptable to the Issuing Bank) and an application therefor completed to the satisfaction of the Issuing Bank.

Appears in 1 contract

Samples: Credit Agreement (Babyuniverse, Inc.)

Request for Incurrence of Letter of Credit Obligations. Borrowers shall give Administrative Agent at least five (5) Business Days’ prior written notice requesting the incurrence of any Letter of Credit Obligation. The notice shall be accompanied by the form of the Letter of Credit (which shall be acceptable to the Issuing Bank) and an application therefor completed to the satisfaction of the Issuing Bank.the

Appears in 1 contract

Samples: Credit Agreement (Independence Contract Drilling, Inc.)

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Request for Incurrence of Letter of Credit Obligations. Borrowers shall give Administrative Agent at least five (5) Business Days' prior written notice requesting the incurrence of any Letter of Credit Obligation. The notice shall be accompanied by the form of the Letter of Credit (which shall be acceptable to the Issuing Bank) and an a application therefor completed to the satisfaction of the Issuing Bank.

Appears in 1 contract

Samples: Credit Agreement (Jaco Electronics Inc)

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