LOC Request definition

LOC Request means a written request substantially in the form of Exhibit B.
LOC Request shall have the meaning specified in Section 2.7.1.

Examples of LOC Request in a sentence

  • In the event of any inconsistency between the terms of this Agreement and any LOC Request or any such other documents or agreements, this Agreement shall prevail.

  • If the requirements set forth in the first sentence of Section 2.01 and in Article III are satisfied, the Bank shall issue the applicable LOC on the date requested in such LOC Request.

  • Each Applicant acknowledges and agrees that all rights of the Bank under any LOC Request or any such other documents or agreements shall inure to the benefit of the Bank to the extent of its LOC Participating Interest in and LOC Disbursements in connection with the applicable LOC as fully as if the Bank were a party to such LOC Request or any such other documents or agreements.

  • The representations, warranties, and covenants by each Applicant under, and the rights and remedies of the Bank under, any LOC Request or any documents or agreements delivered to the Bank pursuant to Section 2.02(a)(i) relating to any LOC are in addition to, and not in limitation or derogation of, representations, warranties, and covenants by such Applicant under, and rights and remedies of the Bank under, this Agreement and applicable law.

  • If the requirements set forth in the first sentence of Section 2.01 and in Article III are satisfied, the Issuing Bank shall issue the applicable LOC on the date requested in such LOC Request.

  • The representations, warranties, and covenants by each Applicant under, and the rights and remedies of the Issuing Bank under, any LOC Request or any documents or agreements delivered to the Issuing Bank pursuant to Section 2.02(a)(i) relating to any LOC are in addition to, and not in limitation or derogation of, representations, warranties, and covenants by such Applicant under, and rights and remedies of the Issuing Bank and the other Banks under, this Agreement and applicable law.

  • Each Applicant acknowledges and agrees that all rights of the Issuing Bank under any LOC Request or any such other documents or agreements shall inure to the benefit of each Bank to the extent of its LOC Participating Interest in and LOC Disbursements in connection with the applicable LOC as fully as if such Bank were a party to such LOC Request or any such other documents or agreements.

  • Concurrently with its delivery of an LOC Request to an Issuing Bank, the Borrower shall deliver a copy thereof, by facsimile transmission, telex or cable, to the Agent who shall thereupon notify each Lender of such LOC Request and the terms thereof.

  • The Commission is 71 Id. P 16.72 Railroad Commission of Texas Request for Rehearing and Clarification at 15–16; LOC Request for Rehearing and Clarification at 6–7; Enogex Request for Rehearing and Clarification at 6–7.73 Order No. 720 at P 20.section 23 authority.

Related to LOC Request

  • L/C Request has the meaning specified in Section 2.4(b).

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • Issuance Request means a Letter of Credit request and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit B-2 hereto.

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Support Request means a request for assistance received by Blackboard's Service Desk and/or Service Desk Infrastructure from an Authorized User, such as any answered phone call, answered email, or answered chat.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Work request means a document prepared by the Contractor which describes over and above work being proposed.

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Advance Request Form means a certificate, in substantially the form of Exhibit A, properly completed and signed by Borrower requesting an Advance.

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Facility LC Application is defined in Section 2.19.3.

  • Direct Debit Request means the Direct Debit Request between Us and You.

  • Letter of Credit Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • Release Request has the meaning set forth in Section 2.1.

  • Competitive Bid Quote Request means the notice, in substantially the form of Exhibit C hereto, to be delivered by the Company in accordance with Section 2.03 in requesting Competitive Bid Quotes.

  • Bid Request means a written request for one or more Bid Loans substantially in the form of Exhibit B-1.

  • Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Borrowing Notice is defined in Section 2.8.