Common use of Requirements For Issuance of Letters of Credit Clause in Contracts

Requirements For Issuance of Letters of Credit. The Borrower shall authorize and direct the LC Bank to name the Borrower, an Originator or an Affiliate of an Originator as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 21 contracts

Samples: Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (Alliance Resource Partners Lp), Receivables Financing Agreement (BrightView Holdings, Inc.)

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Requirements For Issuance of Letters of Credit. The Borrower Seller shall authorize and direct the LC Bank to name the Borrower, an Originator Seller or an Affiliate of an any Originator as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 14 contracts

Samples: Receivables Purchase Agreement (Kelly Services Inc), Receivables Purchase Agreement (Avantor, Inc.), Receivables Purchase Agreement (Kelly Services Inc)

Requirements For Issuance of Letters of Credit. The Borrower Seller shall authorize and direct the LC Bank to name the BorrowerSeller, an Originator or an Affiliate of an Originator as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 8 contracts

Samples: Receivables Purchase Agreement (Exela Technologies, Inc.), Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.)

Requirements For Issuance of Letters of Credit. The Borrower Each Seller shall authorize and direct the LC Bank to name the Borrowersuch Seller, an a related Originator or an Affiliate of an Originator thereof as the “Applicant” or “Account Party” of each Letter of CreditCredit issued on its behalf.

Appears in 8 contracts

Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

Requirements For Issuance of Letters of Credit. The Borrower Seller shall authorize and direct the applicable LC Bank to name the BorrowerSeller, an Originator or an Affiliate of an Originator as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (Ashland Inc.)

Requirements For Issuance of Letters of Credit. The Each Borrower shall authorize and direct the LC Bank to name the such Borrower, an Originator the applicable Servicer or an any other Affiliate of an Originator such Borrower and the applicable Servicer as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 4 contracts

Samples: Receivables Financing Agreement (Cincinnati Bell Inc), Receivables Financing Agreement (Cincinnati Bell Inc), Receivables Financing Agreement (Cincinnati Bell Inc)

Requirements For Issuance of Letters of Credit. The Borrower shall authorize and direct the LC Bank to name the Borrower, an Originator the Servicer or an any other Affiliate of an Originator the Borrower and the Servicer as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 4 contracts

Samples: Receivables Financing Agreement, Receivables Financing Agreement, Receivables Financing Agreement (Cincinnati Bell Inc)

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Requirements For Issuance of Letters of Credit. The Borrower shall authorize and direct the LC Bank to name the Borrower, an Originator, the Sub-Originator or an Affiliate of an Originator or the Sub-Originator as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 4 contracts

Samples: Omnibus Amendment (CONSOL Energy Inc.), Receivables Financing Agreement (CONSOL Energy Inc.), Omnibus Amendment (CONSOL Energy Inc.)

Requirements For Issuance of Letters of Credit. The Borrower shall authorize and direct the LC Bank to name the Borrower, an Originator or an Affiliate of an Originator as the “Applicant” or “Account Party” of each Letter of Credit. Section 3.04.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Davey Tree Expert Co), Receivables Financing Agreement (Davey Tree Expert Co), Financing Agreement (Davey Tree Expert Co)

Requirements For Issuance of Letters of Credit. The Borrower shall authorize and direct the LC Bank to name the Borrower, an Originator, a Sub-Originator or an Affiliate of an Originator or Sub-Originator as the “Applicant” or “Account Party” of each Letter of Credit.

Appears in 1 contract

Samples: Receivables Financing Agreement (Covia Holdings Corp)

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