Common use of Determination of Issuing Lender Clause in Contracts

Determination of Issuing Lender. Upon receipt by Administrative Agent of a Request for Issuance of Letter of Credit pursuant to subsection 3.1B(i) requesting the issuance of a Letter of Credit, in the event Administrative Agent elects to issue such Letter of Credit, Administrative Agent shall promptly so notify Company, and Administrative Agent shall be the Issuing Lender with respect thereto. In the event that Administrative Agent, in its sole discretion, elects not to issue such

Determination of Issuing Lender. Upon receipt by Administrative Agent a proposed Issuing Lender of a Request for Notice of Issuance of Letter of Credit pursuant to subsection 3.1B(i) requesting the issuance of a Letter of Credit, (a) in the event the Administrative Agent elects to issue such Letter of Creditis the proposed Issuing Lender, Administrative Agent shall promptly so notify Company, and the Administrative Agent shall be the Issuing Lender with respect thereto. In to such Letter of Credit, notwithstanding the event fact that Administrative Agent, in its sole discretion, elects not the Letter of Credit Usage with respect to issue suchsuch Letter of Credit and with respect to all other

Determination of Issuing Lender. Upon receipt by Administrative Agent a proposed Issuing Lender of a Request for Notice of Issuance of Letter of Credit pursuant to subsection 3.1B(i) requesting the issuance of a Letter of Credit, in the event such proposed Issuing Lender shall promptly notify Borrower and Administrative Agent elects (if such proposed Issuing Lender is not Administrative Agent) whether or not, in its sole discretion, it has elected to issue such Letter of Credit, Administrative Agent shall promptly so notify Company, and Administrative Agent shall be the (1) if such proposed Issuing Lender with respect thereto. In the event that Administrative Agent, in its sole discretion, so elects not to issue suchsuch 57