Document ID: 12403

Text:
(a) Issuance of Letters of Credit. Subject to the terms and conditions of this Agreement and the other Loan Documents, including Sections4.2 and 4.3, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents and in reliance on the agreements of the Revolving Lenders set forth in this Section2.9, each Issuing Lender severally agrees to issue standby and commercial letters of credit (the Letters of Credit) for the account of the Borrower and, if applicable, any other Loan Party, on any Business Day from the Closing Date through but not including the Letter of Credit Expiration Date. The Borrower may at any time prior to the Letter of Credit Expiration Date request the issuance of a Letter of Credit, or an amendment or extension of a Letter of Credit, by delivering to an Issuing Lender (with a copy to the Administrative Agent) a completed application and agreement for letters of credit, or request for such amendment or extension, as applicable, in such form as such Issuing Lender may specify from time to time (each a Letter of Credit Request) by no later than 11:00 a.m.at least five Business Days, or such shorter period as may be agreed to by an Issuing Lender, in advance of the proposed date of issuance, amendment or extension. Promptly after receipt of any Letter of Credit Request, such Issuing Lender shall confirm with the Administrative Agent (in writing) that the Administrative Agent has received a copy of such Letter of Credit Request and if not, such Issuing Lender will provide the Administrative Agent with a copy thereof. Unless such Issuing Lender has received notice from any Lender, the Administrative Agent or any Loan Party, at least one Business Day prior to the requested date of issuance, amendment or extension of the applicable Letter of Credit, that one or more applicable conditions in ArticleIV is not satisfied, then such Issuing Lender will issue a Letter of Credit or agree to such amendment or extension, provided that each Letter of Credit shall (i)have a maximum maturity of 12 months from the date of issuance, provided, further, that a Letter of Credit may contain renewal terms satisfactory to the Issuing Lender and (ii)in no event expire later than the Letter of Credit Expiration Date . At no time shall (A)the Letter of Credit Obligations exceed the Letter of Credit Sublimit or (B)the Revolving Credit Facility Usage exceed the Revolving Commitments. Each request by the Borrower for the issuance, amendment or extension of a Letter of Credit shall be deemed to be a representation by the Borrower that it shall be in compliance with the preceding sentence and with ArticleIV after giving effect to the requested issuance, amendment or extension of such Letter of Credit. Promptly after its delivery of any Letter of Credit or any amendment to a Letter of Credit to the beneficiary thereof, the applicable Issuing Lender will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter of Credit or amendment. The Borrower unconditionally guarantees all obligations of any other Loan Party with respect to Letters of Credit issued by the Issuing Lender for the account of such Loan Party.

Named Entities:
5
7
Title
25
31
Regulation
117
119
RenewalTerm
361
361
Regulation
399
400
TerminationDate

Tokenized Text:
(
a
)
Issuance
of
Letters
of
Credit
.
Subject
to
the
terms
and
conditions
of
this
Agreement
and
the
other
Loan
Documents
,
including
Sections4
.
2
and
4
.
3
,
and
in
reliance
upon
the
representations
and
warranties
set
forth
in
this
Agreement
and
the
other
Loan
Documents
and
in
reliance
on
the
agreements
of
the
Revolving
Lenders
set
forth
in
this
Section2
.
9
,
each
Issuing
Lender
severally
agrees
to
issue
standby
and
commercial
letters
of
credit
(
the
Letters
of
Credit
)
for
the
account
of
the
Borrower
and
,
if
applicable
,
any
other
Loan
Party
,
on
any
Business
Day
from
the
Closing
Date
through
but
not
including
the
Letter
of
Credit
Expiration
Date
.
The
Borrower
may
at
any
time
prior
to
the
Letter
of
Credit
Expiration
Date
request
the
issuance
of
a
Letter
of
Credit
,
or
an
amendment
or
extension
of
a
Letter
of
Credit
,
by
delivering
to
an
Issuing
Lender
(
with
a
copy
to
the
Administrative
Agent
)
a
completed
application
and
agreement
for
letters
of
credit
,
or
request
for
such
amendment
or
extension
,
as
applicable
,
in
such
form
as
such
Issuing
Lender
may
specify
from
time
to
time
(
each
a
Letter
of
Credit
Request
)
by
no
later
than
11
:
00
a
.
m
.
at
least
five
Business
Days
,
or
such
shorter
period
as
may
be
agreed
to
by
an
Issuing
Lender
,
in
advance
of
the
proposed
date
of
issuance
,
amendment
or
extension
.
Promptly
after
receipt
of
any
Letter
of
Credit
Request
,
such
Issuing
Lender
shall
confirm
with
the
Administrative
Agent
(
in
writing
)
that
the
Administrative
Agent
has
received
a
copy
of
such
Letter
of
Credit
Request
and
if
not
,
such
Issuing
Lender
will
provide
the
Administrative
Agent
with
a
copy
thereof
.
Unless
such
Issuing
Lender
has
received
notice
from
any
Lender
,
the
Administrative
Agent
or
any
Loan
Party
,
at
least
one
Business
Day
prior
to
the
requested
date
of
issuance
,
amendment
or
extension
of
the
applicable
Letter
of
Credit
,
that
one
or
more
applicable
conditions
in
ArticleIV
is
not
satisfied
,
then
such
Issuing
Lender
will
issue
a
Letter
of
Credit
or
agree
to
such
amendment
or
extension
,
provided
that
each
Letter
of
Credit
shall
(
i
)
have
a
maximum
maturity
of
12
months
from
the
date
of
issuance
,
provided
,
further
,
that
a
Letter
of
Credit
may
contain
renewal
terms
satisfactory
to
the
Issuing
Lender
and
(
ii
)
in
no
event
expire
later
than
the
Letter
of
Credit
Expiration
Date
.
At
no
time
shall
(
A
)
the
Letter
of
Credit
Obligations
exceed
the
Letter
of
Credit
Sublimit
or
(
B
)
the
Revolving
Credit
Facility
Usage
exceed
the
Revolving
Commitments
.
Each
request
by
the
Borrower
for
the
issuance
,
amendment
or
extension
of
a
Letter
of
Credit
shall
be
deemed
to
be
a
representation
by
the
Borrower
that
it
shall
be
in
compliance
with
the
preceding
sentence
and
with
ArticleIV
after
giving
effect
to
the
requested
issuance
,
amendment
or
extension
of
such
Letter
of
Credit
.
Promptly
after
its
delivery
of
any
Letter
of
Credit
or
any
amendment
to
a
Letter
of
Credit
to
the
beneficiary
thereof
,
the
applicable
Issuing
Lender
will
also
deliver
to
the
Borrower
and
the
Administrative
Agent
a
true
and
complete
copy
of
such
Letter
of
Credit
or
amendment
.
The
Borrower
unconditionally
guarantees
all
obligations
of
any
other
Loan
Party
with
respect
to
Letters
of
Credit
issued
by
the
Issuing
Lender
for
the
account
of
such
Loan
Party
.