Common use of Extension or Increase Clause in Contracts

Extension or Increase. The Borrowers may from time to time --------------------- request the Bank to extend the expiration date of an outstanding Letter of Credit issued by the Bank or to increase the Letter of Credit Undrawn Availability of such Letter of Credit. Such extension or increase shall for all purposes hereunder (including Sections 3.01, 3.02(a) and 5.02) be treated as though the Borrowers had requested issuance of a replacement Letter of Credit; provided, that the Bank may, if it elects, issue an amendment to the Letter of Credit providing for such an extension or increase in lieu of issuing a new Letter of Credit in substitution therefor.

Extension or Increase. The Borrowers may from time to time --------------------- request the an Issuing Bank to extend the expiration date of an outstanding Letter of Credit issued by the such Issuing Bank or to increase the Letter of Credit Undrawn Availability of such Letter of Credit. Such extension or increase shall for all purposes hereunder (including Sections 3.01, 3.02(a) and 5.02) be treated as though the Borrowers had requested issuance of a replacement Letter of Credit; provided, that the Issuing Bank may, if it elects, issue an amendment to the Letter of Credit providing for such an extension or increase in lieu of issuing a new Letter of Credit in substitution therefor.

Extension or Increase. The Borrowers Borrower may from time to time --------------------- request the Issuing Bank to extend the expiration date of an outstanding Letter of Credit issued by the Issuing Bank or to increase the Letter of Credit Undrawn Availability of such Letter of Credit. Such extension or increase shall for all purposes hereunder (including but not limited to Sections 3.01, 3.02(a3.2(a) and 5.025.2) be treated as though the Borrowers Borrower had requested issuance of a replacement Letter of Credit; providedprovided that, that the Issuing Bank may, if it elects, issue an amendment to the particular Letter of Credit providing for such an extension or increase in lieu of issuing a new Letter of Credit in substitution thereforfor the outstanding Letter of Credit.