Common use of Request for Letter of Credit Clause in Contracts

Request for Letter of Credit. Borrower may request Agent to issue or cause to be issued by Bank (or such other financial institution as may be acceptable to Agent) a Letter of Credit by delivering to Agent the applicable commercial letter of credit application (the "Letter of Credit Application"), completed to the reasonable satisfaction of Agent and such other certificates, documents and other papers and information as Agent may reasonably request.

Appears in 3 contracts

Samples: Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc)

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Request for Letter of Credit. Borrowing Agent or any Borrower may request Agent to issue or cause to be issued by Bank (or such other financial institution as may be acceptable to Agent) a Letter of Credit by delivering to Agent the applicable commercial or standby letter of credit application (the "Letter of Credit ApplicationLETTER OF CREDIT APPLICATION"), completed to the reasonable satisfaction of Agent and such other certificates, documents and other papers and information as Agent may reasonably request.

Appears in 1 contract

Samples: Loan Agreement (K Tron International Inc)

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Request for Letter of Credit. Borrower may request Agent to issue or cause to be issued by Bank (or such other financial institution as may be acceptable to Agent) a Letter of Credit by delivering to Agent the applicable commercial letter of credit application (the "Letter of Credit Application"), completed to the reasonable satisfaction of Agent and such other certificates, documents and other papers and information as Agent may reasonably request.

Appears in 1 contract

Samples: Loan Agreement (Microwave Power Devices Inc)

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