Common use of Responsibility of Issuing Lender With Respect to Drawings Clause in Contracts

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 75 contracts

Samples: Credit Agreement (Express Scripts Holding Co.), Credit Agreement (Ameriprise Financial Inc), Credit Agreement (Unified Grocers, Inc.)

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Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 19 contracts

Samples: Credit Agreement (U.S. Silica Holdings, Inc.), Credit Agreement (EngageSmart, LLC), Credit Agreement (EngageSmart, LLC)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Eldorado Resorts LLC), Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine exercise reasonable care to determine that the documents required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Hines Holdings Inc), Credit Agreement (FWT Inc), Credit Agreement (Goss Graphic Systems Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear substantially comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Dominicks Supermarkets Inc), Credit Agreement (Dominicks Supermarkets Inc), Credit Agreement (Bay Area Warehouse Stores Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine exercise reasonable care to determine that the documents required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear substantially comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Goss Holdings Inc), Multicurrency Credit Agreement (Goss Graphic Systems Inc), Credit Agreement (Goss Graphic Systems Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine use reasonable care to determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear substantially comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Safeway Inc), Credit Agreement (Safeway Inc), Credit Agreement (Safeway Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender issuing such Letter of Credit shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Dominos Inc), Credit Agreement (Dominos Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.. EXECUTION VERSION

Appears in 2 contracts

Samples: Credit Agreement (Ruths Chris Steak House, Inc.), Credit Agreement (Ruths Hospitality Group, Inc.)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Revolving Letter of Credit by the beneficiary thereof, the Issuing Lender thereof shall be responsible only to examine the documents delivered under such Revolving Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Revolving Letter of Credit.

Appears in 2 contracts

Samples: Security Agreement (Urs Corp /New/), Credit Agreement (Urs Corp /New/)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Regent Communications Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance substantial compliance with the terms and conditions of such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Amphenol Corp /De/), Credit Agreement (NXS I LLC)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in substantial accordance with the terms and conditions of such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Falcon Products Inc /De/), Credit Agreement (Autotote Corp)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Integrated Defense Technologies Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.. B.

Appears in 1 contract

Samples: Credit Agreement (Circus Circus Enterprises Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine with reasonable care the documents delivered by such beneficiary under such Letter of Credit with reasonable care so as to ascertain whether they such documents appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

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Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.. B.

Appears in 1 contract

Samples: Credit Agreement (Ameriprise Financial Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Standby Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine exercise reasonable care to determine that the documents required to be delivered under such Standby Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear comply on their face to be in accordance with the terms and conditions requirements of such Standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Bristol Hotels & Resorts Inc)

Responsibility of Issuing Lender With Respect to Drawings. In --------------------------------------------------------- determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Dominos Pizza Government Services Division Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine use reasonable care to determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether have been delivered and that they appear comply on their face to be in accordance with the terms and conditions requirements of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Oakley Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance compliance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Covanta Energy Corp

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine use reasonable care to determine that the documents and certificates required to be delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.have been

Appears in 1 contract

Samples: Credit Agreement (Safeway Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender who issued such Letter of Credit shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (United Artists Theatre Circuit Inc /Md/)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be substantially in accordance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

Responsibility of Issuing Lender With Respect to Drawings. In determining whether to honor any drawing under any Letter of Credit by the beneficiary thereof, the Issuing Lender shall be responsible only to examine the documents delivered under such Letter of Credit with reasonable care so as to ascertain whether they appear on their face to be in accordance strict compliance with the terms and conditions of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Ethyl Corp)

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