Common use of Several Letters of Credit Clause in Contracts

Several Letters of Credit. Letters of Credit issued severally by the Lenders substantially in the form of Exhibit E with such changes therein as the LC Administrator determines is not adverse to the interests of the Lenders.

Appears in 3 contracts

Samples: Assignment and Assumption (Montpelier Re Holdings LTD), Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

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Several Letters of Credit. Letters of Credit issued severally by the Lenders substantially in the form of Exhibit E D with such changes therein as the LC Administrator determines is not adverse to the interests of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Montpelier Re Holdings LTD)

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