Agreement to Issue or Cause To Issue. Subject to the terms and ------------------------------------ conditions of this Agreement, and in reliance upon the representations and warranties of the Borrower herein set forth, the Agent agrees (i) to issue or cause to be issued for the account of the Borrower one or more commercial/documentary and standby letters of credit ("Letters of Credit") and (ii) to provide credit support or other enhancement to a Letter of Credit Issuer acceptable to Agent, which issues Letters of Credit for the account of the Borrower (any such credit support or enhancement being herein referred to as a "Credit Support") in accordance with this Section 2.4 from time to time during ----------- the term of this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Micro Devices Inc)
Agreement to Issue or Cause To Issue. Subject to the terms and ------------------------------------ conditions of this Agreement, and in reliance upon the representations and warranties of the Borrower Loan Parties herein set forth, the Agent agrees (i) to issue or cause to be issued for the account of the any Borrower one or more commercial/documentary and standby letters of credit ("Letters of Credit") and (ii) to provide credit support or other enhancement to a Letter of Credit Issuer acceptable to the Agent, which issues Letters of Credit for the account of the a Borrower (any such credit support or enhancement being herein referred to as a "Credit Support") in accordance with this Section 2.4 from time to time during ----------- the term of this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Parker Drilling Co /De/)
Agreement to Issue or Cause To Issue. Subject to the terms and ------------------------------------ conditions of this Agreement, and in reliance upon the representations and warranties of the Borrower Borrowers herein set forth, the Agent agrees (i) to cause the Letter of Credit Issuer to issue or cause to be issued for the account of the a Borrower one or more commercial/documentary and standby letters of credit ("Letters Letter of Credit") and and/or (ii) to provide credit support or other enhancement to a Letter of Credit Issuer acceptable to Agent, which issues Letters a Letter of Credit for the account of the a Borrower (any such credit support or enhancement being herein referred to as a "Credit Support") in accordance with this Section 2.4 from time to time during ----------- the term of this Agreement.
Appears in 1 contract
Agreement to Issue or Cause To Issue. Subject to the terms and ------------------------------------ conditions of this Agreement, and in reliance upon the representations and warranties of the Borrower herein set forth, the Agent agrees (i) to issue or cause to be issued for the account of the Borrower one or more commercial/documentary and standby letters of credit ("“Letters of Credit"”) and (ii) to provide credit support or other enhancement to a Letter of Credit Issuer acceptable to Agent, which issues Letters of Credit for the account of the Borrower (any such credit support or enhancement being herein referred to as a "“Credit Support"”) in accordance with this Section 2.4 from time to time during ----------- the term of this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Micro Devices Inc)