Common use of Issuing Bank Reporting Requirements Clause in Contracts

Issuing Bank Reporting Requirements. Each Issuing Bank shall, on the day it Issues such a Letter of Credit, provide to the Administrative Agent separate schedules for Commercial Letters of Credit and Standby Letters of Credit Issued by it, in form and substance reasonably satisfactory to the Administrative Agent, setting forth the aggregate Letter of Credit Obligations of each Borrower outstanding to it as of such date and any information requested by the Administrative Agent relating to the date of issue, account party, amount, expiration date and reference number of each Letter of Credit Issued by it.

Issuing Bank Reporting Requirements. Each Issuing Bank shall, on the day it Issues such a Letter of Credit, provide to the Administrative Agent separate schedules for Commercial Letters of Credit and Standby Letters of Credit Issued by it, in form and substance reasonably satisfactory to the Administrative Agent, setting forth the aggregate Letter of Credit Obligations of each Borrower outstanding to it as of such date and any information requested by the Administrative Agent relating to the date of issue, account party, amount, expiration date and reference number of each Letter of Credit Issued by it.

Issuing Bank Reporting Requirements. Each The Issuing Bank shall, shall make available on the day it Issues such a Letter of Credit, provide daily basis to the Administrative Agent and the Borrowers separate schedules for Commercial Letters of Credit, Usance Letters of Credit and Standby Letters of Credit Issued issued by it, in form and substance reasonably satisfactory to the Administrative Agent, setting forth the aggregate Letter of Credit Obligations of each Borrower outstanding to it as at the end of such date each month and any information requested by the Administrative Agent or the Borrowers relating to the date of issue, account party, amount, expiration date and reference number of each Letter of Credit Issued issued by it.