Letter of Credit Rights. As of the Closing Date, no Borrower has any letter of credit rights with a value in excess of $500,000 except as set forth on [Schedule 5.26] hereto.

Letter of Credit Rights. No Credit Party has any letter of credit rights except as set forth on [Schedule 5.26] hereto.

Letter of Credit Rights. All letters of credit to which Grantor has rights is listed on [Schedule 3.10], and Grantor has obtained the consent of each issuer or the nominated person of any letter of credit to the assignment of the Proceeds of the letter of credit to Secured Party.

Letter-of-Credit Rights. If the Debtor at any time is a beneficiary under a letter of credit now or hereafter issued in favor of the Debtor, the Debtor shall promptly notify the Bank thereof and, at the request and option of the Bank, the Debtor shall, pursuant to an agreement in form and substance satisfactory to the Bank, either # arrange for the issuer and any confirmer of such letter of credit to consent to an assignment to the Bank, for its own benefit and as agent for its Affiliates, of the proceeds of any drawing under the letter of credit, or # arrange for the Bank, for its own benefit and as agent for its Affiliates, to become the transferee beneficiary of the letter of credit, with the Bank agreeing, in each case, that the proceeds of any drawing under the letter to credit are to be applied as provided in this Security Agreement.

Letter of Credit Rights. No Loan Party has any letter of credit rights not constituting supporting obligations except as set forth on [Schedule 5.24] hereto (as such Schedule may be updated from time to time in accordance with this Agreement).

Letter of Credit Rights. Such Grantor does not have any Letter-of-Credit Rights having a potential value in excess of $5,000,000 except as set forth in [Schedule 7] or as have been notified to the Administrative Agent in accordance with Section 5.22.

Letter-of-Credit Rights. Such Grantor will give the Administrative Agent prompt notice, and in any event not later than the Quarterly Reporting Date with respect to the period in which acquired, if such Grantor shall at any time hold or acquire any Letter-of-Credit Rights with a potential value in excess of $2,500,000.

Letter-of-Credit Rights. If the Assignors (or any of them) are or become the beneficiary of letters of credit having a face amount or value of $250,000 or more in the aggregate, then the applicable Assignor or Assignors shall promptly (and in any event within two (2) Business Days after becoming a beneficiary), notify Collateral Trustee in writing thereof and, promptly (and in any event within five (5) Business Days), pursuant to an agreement in form and substance reasonably satisfactory to Collateral Trustee, # arrange for the issuer and any confirmer of such letter of credit to consent to an assignment to Collateral Trustee (or its agent, bailee or designee, including the Priority Lien Representative in accordance with the terms of the Collateral Trust Agreement) of such Letter-of-Credit Rights or # arrange for Collateral Trustee (or its agent, bailee or designee, including the Priority Lien Representative in accordance with the terms of the Collateral Trust Agreement) to become the transferee beneficiary of such letter of credit, with Collateral Trustee agreeing, in each case, that the Proceeds of any drawing under the letter of credit are to be applied as provided in this Agreement and the Collateral Trust Agreement.

Letter of Credit Rights. As of the Closing Date, no Loan Party has any letter of credit rights except as set forth on [Schedule 5.25] hereto.

Letter-of-Credit Rights. If the Grantors (or any of them) are or become the beneficiary of letters of credit having a face amount or value of $300,000 or more in the aggregate, then the applicable Grantor or Grantors shall promptly (and in any event within five (5) Business Days after becoming a beneficiary), notify Secured Party thereof and, promptly (and in any event within five (5) Business Days) after request by Secured Party, enter into a tri-party agreement with Secured Party and the issuer or confirming bank with respect to letter-of-credit rights assigning such letter-of-credit rights to Secured Party and directing all payments thereunder to Secured Party's account, all in form and substance reasonably satisfactory to Secured Party;