Common use of Notices of Issuance Clause in Contracts

Notices of Issuance. Each Letter of Credit shall be issued upon notice, given not later than 1:00 P.M. (New York City time) three Business Days prior to the date of the proposed issuance of such Letter of Credit, by the Borrower to any Issuing Bank and the Administrative Agent, which shall give to each Lender prompt notice thereof by telex or telecopier. Each such notice of issuance of a Letter of Credit (a "Notice of Issuance") shall be by telex or telecopier, confirmed promptly in writing, specifying therein (A) the requested date of such issuance (which shall be a Business Day), (B) the Available Amount requested for such Letter of Credit, (C) the identity of the Issuing Bank with respect to such Letter of Credit, (D) the expiration date of such Letter of Credit, (E) the account party or parties for such Letter of Credit, (F) the name and address of the beneficiary of such Letter of Credit and (G) the form of such Letter of Credit, together with a description of the nature of the transactions or obligations proposed to be supported thereby. If the requested form of such Letter of Credit is acceptable to such Issuing Bank in its sole discretion, such Issuing Bank will, upon fulfillment of the applicable conditions set forth in Article III, make such Letter of Credit available to the Borrower at its office referred to in Section 10.02 or as otherwise agreed with the Borrower in connection with such issuance.

Notices of Issuance. Each Letter of Credit shall be ------------------- issued upon notice, given not later than 1:00 P.M. p.m. (New York City time) three Business Days prior to the date of the proposed issuance of such Letter of Credit, by the Borrower Company to any Issuing Bank the L/C Issuer and the Administrative Agent, which shall give to each Revolving Credit Lender prompt notice thereof by telex or telecopierin writing. Each such notice of issuance of a Letter of Credit (a "Notice of Issuance") shall be by telex or telecopier, confirmed promptly ------------------ irrevocable and shall be made in writing, specifying therein (A) the requested date of such issuance (which shall be a Business Day), (B) the Available Credit Agreement ---------------- Amount requested for such Letter of Credit, (C) the identity of the Issuing Bank with respect to such Letter of Credit, (D) the expiration date of such Letter of Credit, (E) the account party or parties for such Letter of Credit, (FD) the name and address of the beneficiary of such Letter of Credit and Credit, (GE) the form of such Letter of Credit, together with a description of the nature of the transactions or obligations proposed to be supported therebythereby and (F) that no Event of Default described in Section 7.01(f) has occurred and is continuing. If the requested form of such Letter of Credit is acceptable to such Issuing Bank the Administrative Agent, in its sole discretion, such Issuing Bank the L/C Issuer will, upon fulfillment of the applicable conditions set forth in Article IIIIV, make such Letter of Credit available to the Borrower Company at its the office of the Administrative Agent referred to in Section 10.02 9.02 or as otherwise agreed with the Borrower Company in connection with such issuance.