Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 41 contracts
Sources: Credit Agreement (DocGo Inc.), Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Mosaic Co)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 23 contracts
Sources: Credit Agreement (Ingles Markets Inc), Fourth Amendment Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.), Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 18 contracts
Sources: Credit Agreement (NPK International Inc.), Revolving Credit Facility (Taboola.com Ltd.), Credit Agreement (Fortress Net Lease REIT)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The the L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 11 contracts
Sources: Credit Agreement (New York Times Co), Credit Agreement (Bowman Consulting Group Ltd.), Credit Agreement (Digital Turbine, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 9 contracts
Sources: Credit Agreement (Vontier Corp), Credit Agreement (Envista Holdings Corp), Credit Agreement (Envista Holdings Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 8 contracts
Sources: Fourth Amended and Restated Credit Agreement (Asbury Automotive Group Inc), Credit Agreement (Revvity, Inc.), Credit Agreement (Revvity, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.. (o)
Appears in 7 contracts
Sources: Credit Agreement (Robert Half Inc.), Credit Agreement (Harmonic Inc), Credit Agreement (Alamo Group Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement Advance thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C DisbursementAdvance.
Appears in 6 contracts
Sources: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Principal Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 5 contracts
Sources: Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Representative in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 5 contracts
Sources: Credit Agreement (Smith & Wesson Brands, Inc.), Credit Agreement (Smith & Wesson Brands, Inc.), Credit Agreement (Smith & Wesson Brands, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Revolving Lenders with respect to any such L/C Disbursement.
Appears in 4 contracts
Sources: Credit Agreement (Phinia Inc.), Credit Agreement (Phinia Inc.), Credit Agreement (American Healthcare REIT, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws applicable laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 4 contracts
Sources: Credit Agreement (EVERTEC, Inc.), Credit Agreement (EVERTEC, Inc.), Credit Agreement (EVERTEC, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 4 contracts
Sources: Credit Agreement (Ipg Photonics Corp), Credit Agreement (Arthur J. Gallagher & Co.), Credit Agreement (Arthur J. Gallagher & Co.)
Disbursement Procedures. The Each L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Each L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Revolving Lenders with respect to any such L/C Disbursement.
Appears in 4 contracts
Sources: Credit Agreement (AeroVironment Inc), Credit Agreement (AeroVironment Inc), Credit Agreement (AeroVironment Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 4 contracts
Sources: Credit Agreement (Itt Inc.), Credit Agreement (Resources Connection, Inc.), Credit Agreement (Itt Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws applicable law or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (NCR Atleos Corp), Credit Agreement (NCR Corp), Credit Agreement (NCR Atleos, LLC)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains Gp Holdings Lp), Credit Agreement (Plains Gp Holdings Lp)
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The applicable L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower ▇▇▇▇▇ in writing of such demand for payment if the such L/C Issuer has made or will make an a L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower ▇▇▇▇▇ of its obligation to reimburse the such L/C Issuer and the Domestic Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc)
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Opco Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Borrowers of its their obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Cummins Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Borrowing Agent in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement Borrowing thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Borrowers of its their obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C DisbursementBorrowing.
Appears in 3 contracts
Sources: Credit Agreement (Fresh Del Monte Produce Inc), Credit Agreement (Fresh Del Monte Produce Inc), Credit Agreement (Fresh Del Monte Produce Inc)
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The applicable L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Parsons Corp), Credit Agreement (Parsons Corp), Credit Agreement (Parsons Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the such L/C Issuer and the Revolving Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Borrowers in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower for whose account such Letter of Credit was issued of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Abl Credit Agreement (Ciena Corp), Abl Credit Agreement (Ciena Corp), Abl Credit Agreement
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Revolving Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Commercial Vehicle Group, Inc.), Credit Agreement (Commercial Vehicle Group, Inc.), Credit Agreement (Commercial Vehicle Group, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (Uber Technologies, Inc), Revolving Credit Agreement (Mattel Inc /De/), Revolving Credit Agreement (Mattel Inc /De/)
Disbursement Procedures. The Each L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under such a Letter of Credit. The Each L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing by telephone (confirmed by facsimile) of such demand for payment if the and whether such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the applicable Revolving Lenders with respect to any such L/C Disbursement.
Appears in 3 contracts
Sources: Credit Agreement (DT Midstream, Inc.), Credit Agreement (DT Midstream, Inc.), Credit Agreement (DT Midstream, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.. (o)
Appears in 2 contracts
Sources: Credit Agreement (Arhaus, Inc.), Credit Agreement (Arhaus, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Borrowers in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Borrowers of its their obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.. (m)
Appears in 2 contracts
Sources: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Borrowers in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Borrowers of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Forward Air Corp), Credit Agreement (Forward Air Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.. (o)
Appears in 2 contracts
Sources: Credit Agreement (Ameresco, Inc.), Credit Agreement (Morningstar, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement a disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Revolving A Lenders with respect to any such L/C Disbursementdisbursement.
Appears in 2 contracts
Sources: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Dollar Tranche Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit and Term Loan Agreement (Ares Real Estate Income Trust Inc.), Credit and Term Loan Agreement (Ares Real Estate Income Trust Inc.)
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws Law or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Revolving Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Sunpower Corp), Credit Agreement (Sunpower Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement Advance thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C DisbursementAdvance.
Appears in 2 contracts
Sources: Credit Agreement (Braemar Hotels & Resorts Inc.), Credit Agreement (Braemar Hotels & Resorts Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Ufp Technologies Inc), Credit Agreement (Ufp Technologies Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Core Laboratories Inc. /DE/), Credit Agreement (Core Laboratories N V)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement a disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursementdisbursement.
Appears in 2 contracts
Sources: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such the L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Shutterstock, Inc.), Credit Agreement (Shutterstock, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Refinancing Amendment to Credit Agreement (Ciena Corp), Incremental Amendment Agreement (Ciena Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the such L/C Issuer and the Revolving Credit Lenders with respect to any such L/C Disbursement.
Appears in 2 contracts
Sources: Credit Agreement (Fortive Corp), Credit Agreement (Ralliant Corp)
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under such a Letter of Credit. The applicable L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing by telephone (confirmed by telecopy or e -mail transmission of a .pdf or similar electronic copy) of such demand for payment if the and whether such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the applicable Borrower of its obligation to reimburse the such L/C Issuer and the applicable Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under such a Letter of Credit. The applicable L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing by telephone (confirmed by telecopy or e-mail transmission of a .pdf or similar electronic copy) of such demand for payment if the and whether such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the applicable Borrower of its obligation to reimburse the such L/C Issuer and the applicable Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (Zynga Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the L/C Issuer has made or will make an a L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The applicable L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Ryder in writing of such demand for payment if the such L/C Issuer has made or will make an a L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower Ryder of its obligation to reimburse the such L/C Issuer and the Domestic Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Global Revolving Credit Agreement (Ryder System Inc)
Disbursement Procedures. The Each L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under such a Letter of CreditCredit issued by it. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing by telephone (confirmed by hand delivery or facsimile) of such demand for payment if the and whether such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The the L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Borrowers in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Borrowers of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (NVR Inc)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement Advance thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C DisbursementAdvance.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (Unitil Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Parent Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Dollar Tranche Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws Law or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the L/C Issuer and the Revolving Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (Meet Group, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement Letter of Credit disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C DisbursementLetter of Credit disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Dollar Tranche Lenders with respect to any such L/C Disbursement..
Appears in 1 contract
Sources: Credit Agreement (Ares Real Estate Income Trust Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Borrowers in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (Turtle Beach Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made funded or will make fund an L/C Disbursement Borrowing thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C DisbursementBorrowing.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such 13380177v4 notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.. ▇▇▇▇-▇▇▇▇-▇▇▇▇ v.7
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Revolving Credit Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The the L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (Lydall Inc /De/)
Disbursement Procedures. The L/C Issuer Issuers for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower ▇▇▇▇▇▇▇▇ in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Revolving Credit Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement a disbursement or other payment thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursementdisbursement or other payment.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the any Borrower of its obligation to reimburse the such L/C Issuer and the Revolving Credit Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Sources: Credit Agreement (J.P. Morgan Real Estate Income Trust, Inc.)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower Company in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that provided, that, any failure to give or delay in giving such notice shall not relieve the Borrower Company of its obligation to reimburse the L/C Issuer and the Revolving A Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The Such L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the such L/C Issuer has made or will make an L/C Letter of Credit Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the such L/C Issuer and the Lenders with respect to any such L/C Letter of Credit Disbursement.
Appears in 1 contract
Sources: Credit Agreement (Rite Aid Corp)
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The the L/C Issuer shall promptly after such examination notify the Administrative Agent and the applicable Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the such Borrower of its obligation to reimburse the L/C Issuer and the Lenders with respect to any such L/C Disbursement.
Appears in 1 contract
Disbursement Procedures. The L/C Issuer for any Letter of Credit shall, within the time allowed by Applicable applicable Laws or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. The L/C Issuer shall promptly after such examination notify the Administrative Agent and the Borrower in writing of such demand for payment if the L/C Issuer has made or will make an L/C Disbursement Advance thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the L/C Issuer and the Revolving Credit Lenders with respect to any such L/C DisbursementAdvance.
Appears in 1 contract