Issuance; Notice of Issuance. If the original face amount of the requested Letter of Credit is less than or equal to the Unused Commitment at such time and the applicable conditions set forth in this Agreement are satisfied, the LC Issuer shall issue the requested Letter of Credit. The LC Issuer shall give each Lender written or telex notice in substantially the form of EXHIBIT P-2, or telephonic notice confirmed promptly thereafter in writing, of the issuance of a Letter of Credit.
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Sources: Credit and Security Agreement (Belden Inc), Credit and Security Agreement (Commscope Inc)
Issuance; Notice of Issuance. If the original face amount of the requested Letter of Credit is less than or equal to the Unused Revolving Loan Commitment at such time and the applicable conditions set forth in this Agreement are satisfied, the LC Issuer shall issue the requested Letter of Credit. The LC Issuer shall give each Lender written or telex notice in substantially the form of EXHIBIT P-2, or telephonic notice confirmed promptly thereafter in writing, of the issuance of a Letter of Credit.
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