Determinations to Honor Drawing Requests. Subject to Section 10.8, in determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit.
Appears in 4 contracts
Sources: Credit Agreement (Super Test Petroleum Inc), Credit Agreement (Kwik Fil Inc), Credit Agreement (Independent Gasoline & Oil Co of Rochester)
Determinations to Honor Drawing Requests. Subject to Section 10.8, in In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they substantially comply on their face with the requirements of such Letter of Credit.
Appears in 2 contracts
Sources: Loan Agreement (Moog Inc), Corporate Revolving and Term Loan Agreement (Moog Inc)
Determinations to Honor Drawing Requests. Subject to Section 10.8, in In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit.
20. The following is hereby inserted as a new Section 2.15 of the Loan Agreement:
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Allegheny Technologies Inc)
Determinations to Honor Drawing Requests. Subject to Section 10.8, in In determining ---------------------------------------- whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Federated Investors Inc /Pa/)
Determinations to Honor Drawing Requests. Subject to Section 10.8, in In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the Agent shall be responsible only to determine that the PRN1 883012 36 documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit.
Appears in 1 contract
Determinations to Honor Drawing Requests. Subject to Section 10.8, in In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Allegheny Technologies Inc)