Issuance. Subject to the terms and conditions hereof and of the LOC Documents, if any, and any other terms and conditions which the Issuing ​ may reasonably require (so long as such terms and conditions do not impose any financial obligation on or require any Lien (not otherwise contemplated by this Credit Agreement) to be given by any Credit Party or conflict with any obligation of, or detract from any action which may be taken by, any Borrower or its Subsidiaries under this Credit Agreement), each Issuing ​ severally agrees, in reliance upon the agreements of the other Revolving Loan Lenders set forth in this [Section 2.3], from time to time upon request to issue (from the Effective Date to the Revolving Loan Maturity Date and in a form reasonably acceptable to the Issuing ​), in Dollars, and the LOC Participants shall participate in, Letters of Credit for the account of the Borrowers or any of their Subsidiaries; provided, however, that # the aggregate amount of all outstanding Letters of Credit issued by an Issuing ​ plus the aggregate amount of all unreimbursed drawings owing to an Issuing ​ shall not exceed its LOC Commitment at such time, # the aggregate amount of LOC Obligations shall not at any time exceed the Total LOC Committed Amount, # the sum of the aggregate amount of LOC Obligations outstanding plus Revolving Loans outstanding shall not exceed the Revolving Committed Amount and # with respect to each individual LOC Participant, such LOC Participant’s pro rata share of Revolving Credit Obligations shall not exceed such LOC Participant’s Revolving Credit Commitment. The Issuing ​ may require the issuance and expiry date of each Letter of Credit to be a Business Day. Each Letter of Credit shall be a standby letter of credit issued to support the obligations (including pension or insurance obligations), contingent or otherwise, of a Borrower or any of its Subsidiaries. Except as otherwise expressly agreed upon by all the LOC Participants, no Letter of Credit shall have an original expiry date more than one year from the date of issuance or shall have an expiry date that is less than 30 days prior to the Revolving Loan Maturity Date. Each Letter of Credit shall comply with the related LOC Documents. Each Letter of Credit shall be deemed to remain outstanding until it has expired or the original documents evidencing such Letter of Credit have been returned to the Issuing ​. Notwithstanding the foregoing or any other provision of this [Section 2.3(a)], if requested by the Borrowers, the Issuing ​ shall issue a Letter of Credit with an expiration date that is up to one (1) year after the Revolving Loan Maturity Date, provided that no later than thirty (30) days prior to the Revolving Loan Maturity Date, the Borrowers provide a cash deposit in the full amount available to be drawn under all Letters of Credit with expiration dates after the Revolving Loan

#Subject to the terms and conditions hereof and of the LOC Documents, if any, and any other terms and conditions whichhereof, the Issuing ​ may reasonably require (so long as such terms and conditions do not impose any financial obligation on or require any Lien (not otherwise contemplated by this Credit Agreement) to be given by any Credit Party or conflict with any obligation of, or detract from any action which may be taken by, any Borrower or its Subsidiaries under this Credit Agreement), each Issuing ​ severally agrees,Lender, in reliance uponon the agreements of the other Revolving Loan LendersCredit ​ set forth in this [Section 2.3]3.4(a)], from time to time upon requestagrees to issue (from the Effective Date to the Revolving Loan Maturity Date and in a form reasonably acceptable to the Issuing ​), in Dollars, and the LOC Participants shall participate in, letters of credit (“Letters of CreditCredit”) for the account of the BorrowersBorrower on any Business Day during the Revolving Credit Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to issue any Letter of Credit if, after giving effect to such issuance, # the L/C Obligations would exceed the L/C Commitment or any of their Subsidiaries; provided, however, that # the aggregate amount of all outstanding Letters of Credit issued by an Issuing ​ plus the aggregate amount of all unreimbursed drawings owing to an Issuing ​ shall not exceed its LOC Commitment at such time, # the aggregate amount of LOC Obligations shall not at any time exceed the Total LOC Committed Amount, # the sum of the aggregate amount of LOC Obligations outstanding plus Revolving Loans outstanding shall not exceed the Revolving Committed Amount and # with respect to each individual LOC Participant, such LOC Participant’s pro rata share ofAvailable Revolving Credit Obligations shall not exceed such LOC Participant’s Revolving Credit Commitment. The Issuing ​ may require the issuance and expiry date of each Letter of Credit toCommitments would be a Business Day.less than zero. Each Letter of Credit shall # be a standby letter of credit issued to support the obligations (including pension or insurance obligations), contingent or otherwise, of a Borrowerdenominated in Dollars, AUD, Euro, Sterling or any other currency agreed to by the Administrative Agent and the applicable Issuing Lender and # expire no later than the earlier of # the first anniversary of its Subsidiaries. Except as otherwise expressly agreed upondate of issuance unless consented to by all the LOC Participants, noIssuing Lender and # the Letter of Credit shall have an original expiry date more than one year from the date of issuance or shall have an expiry dateExpiration Date; provided that is less than 30 days prior to the Revolving Loan Maturity Date. Eachany Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall comply within no event extend beyond the related LOC Documents. Each Letter of Credit shall be deemeddate referred to remain outstanding until it has expiredin [clause (y) above] unless the Borrower agrees to Cash Collateralize or the original documents evidencingbackstop or provide other credit support for such Letter of Credit have been returnedprior to the Issuing ​. Notwithstanding the foregoing or any other provision of this [Section 2.3(a)], if requested by the Borrowers, the Issuing ​ shall issue a Letter of Credit with an expiration date that is up to one (1) year after the Revolving Loan Maturity Date, provided that no later than thirty (30) days priorExpiration Date in a manner reasonably acceptable to the Revolving Loan Maturity Date, the Borrowers provide a cash deposit in the full amount available to be drawn under all Letters of Credit with expiration dates after the Revolving Loanapplicable Issuing Lender).