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

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent shall authorize and direct any Issuer to name the applicable Borrower as the “Applicant” or “Account Party” of each Letter of Credit. If Agent is not Issuer of any Letter of Credit, Borrowing Agent shall authorize and direct Issuer to deliver to Agent all agreements, documents, instruments and other writings and property received by Issuer pursuant to such Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such Letter of Credit, and the application therefor.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent Borrower shall authorize and direct any Issuer Issuing Bank to name the applicable Borrower as the “Applicant” or “Account Party” of each Letter of Credit. If Agent is not Issuer the Issuing Bank of any Letter of Credit, Borrowing Agent Borrower shall authorize and direct Issuer Issuing Bank to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by Issuer Issuing Bank pursuant to such the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, and the application therefor.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent Borrower shall authorize and direct any Issuer Issuing Bank to name the applicable Borrower as the “Applicant” or “Account Party” 074658.16087/130783594v.4 of each Letter of Credit. If Agent is not Issuer the Issuing Bank of any Letter of Credit, Borrowing Agent Borrower shall authorize and direct Issuer Issuing Bank to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by Issuer Issuing Bank pursuant to such the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, and the application therefor.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent Borrower shall authorize and direct any Issuer to name the applicable Borrower as the “Applicant” or “Account Party” of each Letter of Credit. If Agent is not the Issuer of any Letter of Credit, Borrowing Agent Borrower shall authorize and direct the Issuer to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by the Issuer pursuant to such the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, and the application therefor.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent shall authorize and direct any Issuer to name the applicable Borrower as the “Applicant” or “Account Party” of each Letter of Credit. If Agent is not the Issuer of any Letter of Credit, Borrowing Agent shall authorize and direct the Issuer to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by the Issuer pursuant to such the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, Credit and the application therefor.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent Borrower shall authorize and direct any Issuer to name the applicable Borrower as the “Applicant” or “Account Party” of each Letter of Credit. If Agent is not the Issuer of any Letter of Credit, Borrowing Agent Borrower shall authorize and direct the Issuer to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by the Issuer pursuant to such the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, and the application therefortherefore.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent Borrower shall authorize and direct any Issuer to name the applicable Borrower as the “"Applicant” " or “"Account Party” " of each Letter of Credit. If Agent is not the Issuer of any Letter of Credit, Borrowing Agent Borrower shall authorize and direct the Issuer to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by the Issuer pursuant to such the Letter of Credit and to accept and rely upon Agent’s 's instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, and Credit or the application therefor.

Requirements For Issuance of Letters of Credit. (a) Borrowing Agent shall authorize and direct any Issuer to name the applicable Borrower as the “Applicant” or “Account Party” of each Letter of Credit. If Agent is not the Issuer of any Letter of Credit, Borrowing Agent shall authorize and direct Issuer to deliver to Agent all agreementsinstruments, documents, instruments and other writings and property received by Issuer pursuant to such the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with such the Letter of Credit, and the application therefor.