Common use of Issuance Requests Clause in Contracts

Issuance Requests. By delivering to the Administrative Agent and the applicable Issuer an Issuance Request on or before 12:00 noon, New York City time, any Revolving Credit Borrower may request, from time to time prior to the Revolving I Credit Commitment Termination Date and on not less than three nor more than ten Business Days' notice, that such Issuer issue an irrevocable standby Revolving Credit Letter of Credit in substantially the form of Exhibit C hereto, or in such other form as may be requested by such Revolving Credit Borrower and approved by such Issuer (each a "Revolving Credit Letter of Credit"), in support of financial obligations of such Revolving Credit Borrower incurred in such Revolving Credit Borrower's ordinary course of business and which are described in such Issuance Request. Upon receipt of an Issuance Request, the Administrative Agent shall promptly notify the Revolving Credit Lenders thereof. Each Revolving Credit Letter of Credit shall by its terms:

Issuance Requests. By delivering to the Administrative Agent and the applicable Issuer an Issuance Request on or before 12:00 noon, New York City time, any Revolving Credit Borrower may request, from time to time prior to the Revolving I Credit Commitment Termination Date and on not less than three nor more than ten Business Days' Days notice, that such Issuer issue an irrevocable standby Revolving Credit Letter of Credit in substantially the form of Exhibit C hereto, or in such other form as may be requested by such Revolving Credit Borrower and approved by such Issuer (each a "Revolving Credit Letter of Credit"), in support of financial obligations of such Revolving Credit Borrower incurred in such Revolving Credit Borrower's ordinary course of business and which are described in such Issuance Request. Upon receipt of an Issuance Request, the Administrative Agent shall promptly notify the Revolving Credit Lenders thereof. Each Revolving Credit Letter of Credit shall by its terms:: (a be issued in a Stated Amount which does not exceed (or would not exceed) the then Revolving I Credit Commitment Availability;