Common use of Requirements for Every Letter of Credit Request Clause in Contracts

Requirements for Every Letter of Credit Request. Only a written request (which may be mailed, personally delivered or delivered by facsimile as provided in this Agreement) from an Authorized Employee to Administrative Agents or an electronic initiation over an online service provided by Letter of Credit Issuer that specifies the amount, requested issue date (which shall be a Business Day and in no event later than 30 days before the Termination Date) and beneficiary of the requested Letter of Credit and other information necessary for its issuance shall be treated as a request for issuance of a Letter of Credit together with such Letter of Credit applications and reimbursement agreements as Letter of Credit Issuer may reasonably request.

Appears in 3 contracts

Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)

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Requirements for Every Letter of Credit Request. Only a written request (which may be mailed, personally delivered or delivered by facsimile telecopied as provided in this Agreement) from an Authorized Employee a Borrowing Officer to Administrative Agents Agent or an electronic initiation over an online service provided by Letter of Credit Issuer that specifies the amount, requested issue date (which shall be a Business Day and in no event later than 30 thirty days before the Termination Dateeffective date of termination of the Aggregate Revolving Loan Facility) and beneficiary of the requested Letter of Credit and other information necessary for its issuance shall be treated as a request for issuance of a Letter of Credit together with such Letter of Credit applications and reimbursement agreements as the Letter of Credit Issuer may reasonably request.

Appears in 1 contract

Samples: Credit Facilities Agreement (Gtsi Corp)

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