Reversal of FCIs. (i) Each FCI Issuing Lender will notify the Foreign Trade Facility Agent on each Business Day about any expiration or reduction of the Face Amount of any FCI or Counter-Guarantee issued by it which became effective the preceding Business Day (a “Utilization Reduction Notice”). With respect to:
Appears in 3 contracts
Samples: Credit Agreement (SPX FLOW, Inc.), Credit Agreement (SPX Corp), Credit Agreement (SPX Corp)
Reversal of FCIs. (i) Each FCI Issuing Lender will notify the Foreign Trade Facility Agent on each Business Day about any expiration or reduction of the Face Amount of any FCI or Counter-Counter- Guarantee issued by it which became effective the preceding Business Day (a “Utilization Reduction Notice”). With respect to:
Appears in 1 contract
Samples: Credit Agreement (SPX Corp)
