Any Letter of Credit. The obligation of the Issuing Lender to issue any Letter of Credit, and the obligation of the other Lenders to participate therein, are subject to the conditions precedent that (a) the conditions set forth in Section 8.1 have been satisfied, and
Appears in 2 contracts
Samples: Loan Agreement (MGM Resorts International), Loan Agreement (MGM Resorts International)
Any Letter of Credit. The obligation of the Issuing Lender to issue any Letter of Credit, and the obligation of the other Lenders to participate therein, are subject to the conditions precedent that (a) the conditions set forth in Section 8.1 9.2 have been satisfiedsatisfied and (b) Borrower shall have certified that, andgiving effect to the issuance of the requested Letter of Credit, the Letter of Credit Usage shall not exceed any limitations set forth in this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Station Casinos Inc), Loan Agreement (Station Casinos Inc)
Any Letter of Credit. The obligation of the an Issuing Lender Bank to issue any Letter of Credit, and the obligation of the other Lenders Banks to participate therein, are subject to the conditions precedent that (a) the conditions set forth in Section 8.1 8.2 have been satisfiedsatisfied and (b) Borrower shall have certified that, andgiving effect to the issuance of the requested Letter of Credit, the Letter of Credit Usage shall not exceed any limitations set forth in this Agreement.
Appears in 1 contract
Samples: Revolving Loan Agreement (Kb Home)
Any Letter of Credit. The obligation of the Issuing Lender Lenders to issue any Letter of Credit, and the obligation of the other Lenders to participate therein, are subject to the conditions precedent that (a) the conditions set forth in Section 8.1 8.2 have been satisfiedsatisfied and (b) Borrower shall have certified that, andgiving effect to the issuance of the requested Letter of Credit, the Letter of Credit Usage shall not exceed any limitations set forth in this Agreement.
Appears in 1 contract
Samples: Loan Agreement (MGM Mirage)
Any Letter of Credit. The obligation of the Issuing Lender to issue any Letter of Credit, and the obligation of the other Lenders to participate therein, are subject to the conditions precedent that (a) the conditions set forth in Section 8.1 Sections 8.2 have been satisfiedsatisfied and (b) Borrower shall have certified that, andgiving effect to the issuance of the requested Letter of Credit, the Letter of Credit Usage shall not exceed any limitations set forth in this Agreement. ARTICLE
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