Common use of Role of L/C Issuers Clause in Contracts

Role of L/C Issuers. Each Lender and each Borrower agrees that, in paying any drawing under a Letter of Credit, the relevant L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the Letter of 82

Appears in 1 contract

Sources: Credit Agreement (Utz Brands, Inc.)

Role of L/C Issuers. Each Lender and each the Borrower agrees agree that, in paying any drawing under a Letter of Credit, the relevant L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the Letter of 82Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuers, any Agent-Related -107- #96501157v12

Appears in 1 contract

Sources: Credit Agreement (Array Technologies, Inc.)