Common use of Borrowings and Issuances of Letters of Credit Clause in Contracts

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 7 contracts

Samples: Credit Agreement (Neiman Marcus Group Inc), Assignment and Assumption Agreement (Lyondell Chemical Co), Credit Agreement (Neiman Marcus Group Inc)

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Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 6 contracts

Samples: Agreement (Ultramar Diamond Shamrock Corp), Credit Agreement (Ace LTD), Credit Agreement (Hilton Hotels Corp)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, and the obligation of an Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 4 contracts

Samples: Credit Agreement (Consolidated Edison Inc), Credit Agreement (Consolidated Edison Inc), Agreement (Consolidated Edison Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an the Issuing Bank Lender to issue (or renew or extend the term ofof ) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 4 contracts

Samples: Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an any Issuing Bank Lender to issue (or renew or extend the term of) any Letter of Credit, is Credit are each subject to the satisfaction of the following conditions:

Appears in 4 contracts

Samples: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an the Issuing Bank Lender to issue (or renew or extend the term of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:;

Appears in 3 contracts

Samples: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an Issuing Bank Lender to issue (or renew or extend the term of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an the Issuing Bank Lender to issue (or amend, renew or extend the term of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (Johnson Controls Inc), Credit Agreement (Johnson Controls Inc), Credit Agreement (Johnson Controls Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an the Issuing Bank Lender to issue (issue, renew, extend or renew or extend the term of) increase any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Johnson Controls Inc), Credit Agreement (Johnson Controls Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an Issuing Bank Lender to issue (issue, renew, extend or renew or extend the term of) increase any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Johnson Controls International PLC), Credit Agreement (Johnson Controls Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an any Issuing Bank to issue (including any renewal or renew or extend the term extension of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, and the obligation of an any LC Issuing Bank to issue (or renew extend or extend allow an extension of the term expiry date of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Republic Group Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, Credit (each a “Credit Event”) is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Assignment and Assumption (Marathon Oil Corp)

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Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, and the any obligation of an the Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Turner Corp)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an Issuing Bank the Issuer to issue (or renew or extend the term expiry date of) any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Marvel Enterprises Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, and the obligation of an any LC Issuing Bank to issue (or renew extend or extend allow an extension of the term expiry date of) any Letter of Credit, is are each subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Agreement (Dolco Packaging Corp /De/)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan Loan, on the occasion of any Borrowing, and the obligation of an the Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Gt Interactive Software Corp)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an Issuing Bank Lender to issue (or renew or extend the term of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Rockwell Collins Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an the Issuing Bank Lender to issue (or renew or extend the term of) any Letter of Credit, is Credit are each subject to the satisfaction of the following conditions:;

Appears in 1 contract

Samples: Credit Agreement (Martin Marietta Materials Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, Borrowing and the obligation of an the Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, Credit is subject to the satisfaction of the following conditions:; PROVIDED that if

Appears in 1 contract

Samples: Credit Agreement (Blyth Industries Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender Bank to make a Loan on the occasion of any Borrowing, and the obligation of an Issuing Bank to issue (or renew or extend the term of) any Letter of Credit, is Credit are subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Aep Industries Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, and the obligation of an the Issuing Bank Lender to issue (or renew or extend the term of) any Letter of Credit, is Credit are each subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Martin Marietta Materials Inc)

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