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

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

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

Requirements For Issuance of Letters of Credit. Borrower shall authorize and direct any Issuing Bank Issuer to name Borrower as the “"Applicant” " or “"Account Party” " of each Letter of Credit. If Agent is not the Issuing Bank Issuer of any Letter of Credit, Borrower shall authorize and direct Issuing Bank the Issuer to deliver to Agent all instruments, documents, and other writings and property received by Issuing Bank the Issuer pursuant to 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 the Letter of Credit, Credit or the application therefor.

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

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

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

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