Supporting Materials. Borrower hereby authorizes and directs the Issuer to deliver to Agent all instruments, documents, and other writings and property received by the Issuer pursuant to such letter of credit, and to accept and rely upon Agent's instructions and agreements with respect to all matters arising in connection with such letter of credit and the related application. Borrower may or may not be the "applicant" or "account party" with respect to such letter of credit.
Appears in 2 contracts
Sources: Loan and Security Agreement (Vermont Transit Co Inc), Loan and Security Agreement (Texas New Mexico & Oklahoma Coaches Inc)
Supporting Materials. Borrower hereby authorizes and directs the Issuer to deliver to Facility Agent all instruments, documents, and other writings and property received by the Issuer pursuant to such letter of credit, and to accept and rely upon Facility Agent's instructions and agreements with respect to all matters arising in connection with such letter of credit and the related application. Borrower may or may not be the "applicant" or "account party" with respect to such letter of credit.
Appears in 1 contract
Sources: Loan and Security Agreement (Los Buenos Leasing Co Inc)