Risk of Documentary Credits. (1) In determining whether to pay under a Documentary Credit, a Documentary Credit Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.
Appears in 6 contracts
Samples: Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp)
Risk of Documentary Credits. (1a) In determining whether to pay under a Documentary Credit, a the Documentary Credit Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.
Appears in 5 contracts
Samples: Credit Agreement (Midamerican Energy Co), Assignment and Assumption (Midamerican Funding LLC), Midamerican Energy Co
Risk of Documentary Credits. (1) In determining whether to pay under a Documentary Credit, a Documentary Credit the Swing Line Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.
Appears in 2 contracts
Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc)
Risk of Documentary Credits. (1) In determining whether to pay under a Documentary Credit, a the Documentary Credit Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.
Appears in 2 contracts
Samples: Credit Agreement (Stratos Funding, LP), Credit Agreement (Marsulex Inc)
Risk of Documentary Credits. (1) In determining whether to pay under a Documentary Credit, a Documentary Credit each Issuing Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.
Appears in 2 contracts
Samples: Credit Agreement (Bracknell Corp), Credit Agreement (Bracknell Corp)
Risk of Documentary Credits. (1a) In determining whether to pay under a Documentary Credit, a the Documentary Credit Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.. RBC – AltaLink (AILP) – 2016 Credit Agreement
Appears in 1 contract
Samples: Credit Agreement (Pacificorp /Or/)
Risk of Documentary Credits. (1) In determining whether to pay under a Documentary Credit, a Documentary Credit the Lender shall be responsible only to determine that the documents and certificates required to be delivered under the such Documentary Credit have been delivered and that they comply on their face with the requirements of the such Documentary Credit.
Appears in 1 contract
Risk of Documentary Credits. (1a) In determining whether to pay under a Documentary Credit, a the Documentary Credit Lender shall be responsible only to determine that the documents and certificates required to be delivered under the Documentary Credit have been delivered and that they comply on their face with the requirements of the Documentary Credit.. RBC – AltaLink (AILP) – 2020 $200M Credit Agreement
Appears in 1 contract
Samples: Assignment and Assumption (Midamerican Funding LLC)
