Example ContractsClausesadministrative agent’s expensesVariants
Remove:

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05], report in writing to the Administrative Agent # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensions and amendments, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time that such Issuing Bank issues, amends or extends any Letter of Credit, the date of such issuance, amendment or extension, and the stated amount of the Letters of Credit issued, amended or extended by it and outstanding after giving effect to such issuance, amendment or extension (and whether the amounts thereof shall have changed), # on each Business Day on which such Issuing Bank makes any L/C Disbursement, the date and amount of such L/C Disbursement, # on any Business Day on which the Borrower fails to reimburse an L/C Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/C Disbursement, and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [SectionSection 2.05],06, report in writing to the Administrative Agent # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensionsextensions, amendments and amendments,renewals, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time that such Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the stated amount of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amounts thereof shall have changed), # on each Business Day on which such Issuing Bank makes any L/CLC Disbursement, the date and amount of such L/CLC Disbursement, # on any Business Day on which the Borrower fails to reimburse an L/CLC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/CLC Disbursement, and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],Section, report in writing to the Administrative Agent # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensionsextensions, amendments and amendments,renewals, all expirations and cancelationscancellations and all disbursements and reimbursements, # reasonably prior to the time that such Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the stated amount of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amounts thereof shall have changed), # on each Business Day on which such Issuing Bank makes any L/CLC Disbursement, the date and amount of such L/CLC Disbursement, # on any Business Day on which the Borrower fails to reimburse an L/CLC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/C Disbursement,LC Disbursement and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, eachthe Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],Section, report in writing to the Administrative Agent # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by suchthe Issuing Bank, including all issuances, extensionsextensions, amendments and amendments,renewals, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time that suchthe Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the stated amount of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amounts thereof shall have changed), # on each Business Day on which suchthe Issuing Bank makes any L/CLC Disbursement, the date and amount of such L/CLC Disbursement, # on any Business Day on which theany Borrower fails to reimburse an L/CLC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/CLC Disbursement, and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by suchthe Issuing Bank.

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],Section, report in writing to the Administrative Agent # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensionsextensions, amendments and amendments,renewals, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time that such Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the stated amount (in the currency issued) of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amounts thereof (in the currency issued) shall have changed), # on each Business Day on which such Issuing Bank makes any L/CLC Disbursement, the date and amount of such L/CLC Disbursement, # on any Business Day on which thea Borrower fails to reimburse an L/CLC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount (in the currency thereof) of such L/CLC Disbursement, and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],Section, report in writing to the Administrative Agent # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensionsextensions, amendments and amendments,renewals, all expirations and cancelationscancellations and all disbursements and reimbursements, # reasonably prior towithin five Business Days following the time that such Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the statedface amount of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amounts thereof shall have changed), # on each Business Day on which such Issuing Bank makes any L/CLC Disbursement, the date and amount of such L/CLC Disbursement, # on any Business Day on which thea Borrower fails to reimburse an L/CLC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/C Disbursement,LC Disbursement and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],Section, report in writing to the Administrative Agent and the Borrower # periodic activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensionsextensions, amendments and amendments,renewals, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time that such Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the stated amount of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amounts thereof shall have changed), # on each Business Day on which such Issuing Bank makes any L/CLC Disbursement, the date and amount of such L/CLC Disbursement, # on any Business Day on which the Borrower fails to reimburse an L/C Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/C Disbursement, and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank Reports to the Administrative Agent.Reports. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],shall report in writing to the Administrative Agent # periodic activity (for such periodon or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensions and amendments, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time thateach Business Day on which such Issuing Bank issues, amendsamends, renews or extends any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the statedcurrency and aggregate face amount of the Letters of Credit issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension (and whether the amountsamount thereof shall have changed), it being understood that such Issuing Bank shall not effect any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit without first obtaining written confirmation from the Administrative Agent that such increase is then permitted under this Agreement, # on each Business Day on which such Issuing Bank makes any L/CLC Disbursement, the datedate, currency and amount of such L/CLC Disbursement, # on any Business Day on which thea Borrower fails to reimburse an L/CLC Disbursement required to be reimbursed to such Issuing Bank on such day, the date of such failure and the currency and amount of such L/C Disbursement,LC Disbursement and # on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such Issuing Bank.

Issuing Bank ReportsReporting Requirements. In addition to the notices required by [Section 3.5(B)], each Issuing Bank shall provide to the Administrative Agent. UnlessAgent, no later than the tenth (10th) Business Day following the last day of each month, and otherwise agreedupon the Administrative Agent’s request, schedules, in form and substance reasonably satisfactory to the Administrative Agent, showing the date of issue, account party, Agreed Currency and amount in such Agreed Currency, expiration date and the reference number of each Letter of Credit outstanding at any time during such month and the aggregate amount payable by the Company during such month. In addition, unless otherwise requested by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],shall report in writing to the Administrative Agent # periodic activity (for such periodon or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensions and amendments, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time thateach Business Day on which such Issuing Bank issues, amendsexpects to issue, amend, renew or extendsextend any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the statedaggregate face amount of the LettersLetter of Credit to be issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension occurred (and whether the amountsamount thereof changed), it being understood that such Issuing Bank shall have changed),not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, # on each Business Day on which such Issuing Bank makes any L/C Disbursement,payment under any Letter of Credit, the date of such payment under such Letter of Credit and the amount of such L/C Disbursement,payment, # on any Business Day on which the applicable Borrower fails to reimburse an L/C Disbursementany payment under any Letter of Credit required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/C Disbursement,payment and # on any other Business Day, such other information as the Administrative Agent shall reasonably request. Upon the request asof any Revolving Loan Lender, the Administrative Agent will provide to thesuch Lender information concerning such Letters of Credit issued by such Issuing Bank.Credit.

Issuing Bank ReportsReporting Requirements. In addition to the notices required by [Section 3.5(B)], each Issuing Bank shall provide to the Administrative Agent. UnlessAgent, no later than the tenth (10th) Business Day following the last day of each month, and otherwise agreedupon the Administrative Agent’s request, schedules, in form and substance reasonably satisfactory to the Administrative Agent, showing the date of issue, account party, Agreed Currency and amount in such Agreed Currency, expiration date and the reference number of each Letter of Credit outstanding at any time during such month and the aggregate amount payable by during such month. In addition, unless otherwise requested by the Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set forth elsewhere in this [Section 2.05],shall report in writing to the Administrative Agent # periodic activity (for such periodon or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensions and amendments, all expirations and cancelations and all disbursements and reimbursements, # reasonably prior to the time thateach Business Day on which such Issuing Bank issues, amendsexpects to issue, amend, renew or extendsextend any Letter of Credit, the date of such issuance, amendmentamendment, renewal or extension, and the statedaggregate face amount of the LettersLetter of Credit to be issued, amendedamended, renewed or extended by it and outstanding after giving effect to such issuance, amendmentamendment, renewal or extension occurred (and whether the amountsamount thereof changed), it being understood that such Issuing Bank shall have changed),not permit any issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit to occur without first obtaining written confirmation from the Administrative Agent that it is then permitted under this Agreement, # on each Business Day on which such Issuing Bank makes any L/C Disbursement,payment under any Letter of Credit, the date of such payment under such Letter of Credit and the amount of such L/C Disbursement,payment, # on any Business Day on which the Borrower fails to reimburse an L/C Disbursementany payment under any Letter of Credit required to be reimbursed to such Issuing Bank on such day, the date of such failure and the amount of such L/C Disbursement,payment and # on any other Business Day, such other information as the Administrative Agent shall reasonably request. Upon the request asof any Revolving Loan Lender, the Administrative Agent will provide to thesuch Lender information concerning such Letters of Credit issued by such Issuing Bank.Credit.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.