Examples of Renewal or Extension Request in a sentence
The Borrower shall select the currency of an Ultimate Letter of Credit in the relevant Utilisation Request or Renewal or Extension Request.
Agreement Forms must be submitted with the applicable Project Renewal or Extension Request Form.
The Borrower may request any Ultimate Letter of Credit issued under this Agreement be renewed or extended by delivery to the Facility Agent of a renewal or extension request in the form set out in Schedule 9 ( Form of Renewal or Extension Request) by the fifth Business Day before the date of the proposed renewal (a “Renewal or Extension Request”).
If the conditions set out in this Agreement have been met, the LC Issuing Bank shall re-issue and/or amend (or procure that a relevant Third Party LC Issuing Bank does so) any Ultimate Letter of Credit pursuant to a Renewal or Extension Request.
The Borrower shall select the currency of a Letter of Credit in the relevant Utilisation Request or Renewal or Extension Request.
The Lenders shall treat any Renewal or Extension Request in the same way as a Utilisation Request for an Ultimate Letter of Credit.