Continuing Letter of Credit Agreement Sample Contracts

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CONTINUING LETTER OF CREDIT AGREEMENT
Continuing Letter of Credit Agreement • August 17th, 2010 • M I Homes Inc • Operative builders

In consideration of the Bank (as defined below) (a) previously having issued (including those listed on Schedule 1 attached hereto), and in its discretion issuing from time to time, letters of credit of any type (including without limitation, documentary or standby) and all amendments thereto (hereinafter each individually, and all collectively called the “Credit”) substantially in accordance with an Application (as defined below) for a Credit tendered to the Bank, and (b) the Bank agreeing to release the participation rights of the lenders under the Credit Agreement (as defined below), the undersigned (hereinafter, individually and collectively, the “Applicant”) agrees:

CONTINUING LETTER OF CREDIT AGREEMENT
Continuing Letter of Credit Agreement • May 24th, 2010 • Avatar Holdings Inc • Operative builders

In consideration of the Bank (as defined below) previously having issued letters of credit whether documentary or standby and all amendments thereto (hereinafter each individually, and all collectively called the “Credit”) substantially in accordance with an Application (as defined below) for a Credit tendered to the Bank the undersigned (hereinafter, individually and collectively, the “Applicant”) agrees:

CONTINUING LETTER OF CREDIT AGREEMENT (Ballard)
Continuing Letter of Credit Agreement • March 17th, 2003 • Millennium Cell Inc • Miscellaneous electrical machinery, equipment & supplies

In consideration of the Bank (as defined below) in its discretion issuing from time to time letters of credit whether documentary or standby and all amendments thereto (hereinafter each individually, and all collectively called the “Credit”) substantially in accordance with an Application (as defined below) for a Credit tendered to the Bank, Millennium Cell Inc. (hereinafter, individually and collectively, the “Applicant”) agrees:

CONTINUING LETTER OF CREDIT AGREEMENT(UNCOMMITTED)
Continuing Letter of Credit Agreement • November 12th, 2015 • Atwood Oceanics Inc • Drilling oil & gas wells • New York

In consideration of BNP PARIBAS (the “Bank”), in its sole and absolute discretion, issuing letters of credit (each a “Credit” and collectively the “Credits”) from time to time under this Continuing Letter of Credit Agreement (this “Agreement”) at the request, and for the account, of the undersigned ("Account Party”), and in consideration of the Bank’s issuing Credits on behalf of the Account Party’s subsidiaries (it being understood that though said subsidiary will be named as the account party on the Credit, it is not the account party for purposes of this Agreement), the Account Party hereby agrees with the Bank as follows:

CONTINUING LETTER OF CREDIT AGREEMENT
Continuing Letter of Credit Agreement • August 13th, 2020 • New York

In consideration of BNP PARIBAS (the “Bank”), in its sole and absolute discretion, issuing performance and financial standby letters of credit (each a “Credit” and collectively the “Credits”) from time to time at the request, and for the account, of [____________] (“Account Party”), the Account Party hereby agrees with the Bank as follows:

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