Common use of Use of Letters of Credit Clause in Contracts

Use of Letters of Credit. The Letters of Credit shall be available (and each Borrower agrees that it shall use such Letters of Credit) for general corporate purposes of Holdings and its Subsidiaries.

Appears in 10 contracts

Samples: Letter of Credit and Reimbursement Agreement (Sears Holdings Corp), Letter of Credit and Reimbursement Agreement (Sears Holdings Corp), Letter of Credit and Reimbursement Agreement (Sears Holdings Corp)

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Use of Letters of Credit. The Letters of Credit shall be available (and each the Borrower agrees that it shall use such Letters of Credit) for general corporate purposes of Holdings the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Sears Canada Inc.)

Use of Letters of Credit. The Letters of Credit shall be available used by the Borrower (and each Borrower agrees that it shall use such Letters of Creditor the applicable Subsidiary) for its general corporate purposes of Holdings and its Subsidiariespurposes.

Appears in 1 contract

Samples: Credit Agreement (Empire District Electric Co)

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Use of Letters of Credit. The Letters of Credit shall be available (and each the Borrower agrees that it shall use such its Letters of Credit) Credit for general corporate purposes of Holdings and its Subsidiariespurposes.

Appears in 1 contract

Samples: Credit Agreement (Hanover Insurance Group, Inc.)

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