Example ContractsClausesissuing bankVariants
Issuing Bank
Issuing Bank contract clause examples

The Borrower may, at any time and from time to time, modify the Issuing Bank Commitment of any Issuing Bank as provided in the definition of Issuing Bank Commitment; provided that the Borrower shall not reduce or increase the Letter of Credit Commitment of any Issuing Bank if, after giving effect of such reduction, the conditions set forth in this Section 3.3 shall not be satisfied.

The Borrowers may, at any time and from time to time, modify the Issuing Bank Commitment of any Issuing Bank as provided in the definition of Issuing Bank Commitment; provided that the Borrowers shall not reduce or increase the Letter of Credit Commitment of any Issuing Bank if, after giving effect of such reduction, the conditions set forth in this Section 3.3 shall not be satisfied.

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