Example ContractsClausesindemnification proceduresVariants
Remove:

Disbursement Procedures. The Issuing Bank shall, within a reasonable time following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telecopy or electronic mail of such demand for payment and whether the Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the Issuing Bank and the applicable with respect to any such LC Disbursement.

Disbursement Procedures. TheEach Issuing Bank shall, within a reasonable time following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. TheEach Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy or electronic mailcommunication) of such demand for payment and whether thesuch Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the applicable Issuing Bank and the applicable _Consenting Lenders: with respect to any such LC Disbursement.

Disbursement Procedures. TheEach Issuing Bank shall, within a reasonable timepromptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. TheSuch Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy or electronic mailmail) of such demand for payment and whether thesuch Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse thesuch Issuing Bank and the applicable _Consenting Lenders: with respect to any such LC Disbursement.

Disbursement Procedures. The Issuing Bank shall, within a reasonable timepromptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The Issuing Bank shall promptly after such examination notify the Administrative Agent and the applicable Borrower by telecopy or electronic mailtelephone (confirmed by facsimile) of such demand for payment and whether the Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the BorrowerBorrowers of itstheir obligation to reimburse the Issuing Bank and the applicable Revolving Lenders with respect to any such LC Disbursement.

Disbursement Procedures. The applicable Issuing Bank shall, within a reasonable timepromptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. TheSuch Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telecopy or electronic mailin writing of such demand for payment and whether thesuch Issuing Bank has made or will make an LC Disbursement thereunder; providedprovided, that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse thesuch Issuing Bank and the applicable Lenders with respect to any such LC Disbursement.

Disbursement Procedures. TheEach Issuing Bank shall, within a reasonablethe time following its receipt thereof,period stipulated by the terms and conditions of such Letter of Credit (or if no such time period is so stipulated, promptly), examine all documents purporting to represent a demand for payment under a Letter of Credit. TheAfter such examination, each Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telecopytelephone, facsimile transmission or electronic mail (and, in the case of telephonic notice, promptly confirmed by facsimile or electronic mail) of such demand for payment and whether thesuch Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse thesuch Issuing Bank and the applicable Lenders with respect to any such LC Disbursement.

Disbursement Procedures. TheEach Issuing Bank shall, within a reasonable timepromptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. TheSuch Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy or electronic mailmail) of such demand for payment and whether thesuch Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse thesuch Issuing Bank and the applicable _Consenting Lenders: with respect to any such LC Disbursement.

Disbursement Procedures. The applicable Issuing Bank shall, within a reasonable time following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The applicable Issuing Bank shall promptly after such examination notify the Administrative Agent and the Borrower by telecopy or electronic mail of such demand for payment and whether the applicable Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the applicable Issuing Bank and the applicable Revolving Lenders with respect to any such LC Disbursement.

Disbursement Procedures. The applicable Issuing Bank shall, within a reasonable timepromptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The applicable Issuing Bank shall promptly after such examination notify the Administrative Agent and the applicable Borrower by telecopy or electronic mailtelephone (confirmed by telecopy) of such demand for payment and whether thesuch Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the applicable Borrower of its obligation to reimburse thesuch Issuing Bank and the applicable Revolving Lenders with respect to any such LC Disbursement.

Disbursement Procedures. The Issuing Bank for any Letter of Credit shall, within a reasonablethe time allowed by applicable law or the specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under asuch Letter of Credit. TheSuch Issuing Bank shall promptly after such examination notify the Administrative Agent and the BorrowerCompany by telephone (confirmed by telecopy or electronic mailmail, and with a copy to the Collateral Agent) of such demand for payment and whether theif such Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the BorrowerCompany of its obligation to reimburse thesuch Issuing Bank and the applicable Lenders with respect to any such LC Disbursement.

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.