Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, the obligation of the Issuing Lender to issue (or renew or extend the term of) any Letter of Credit and the obligation of the Swing Line Lender to make any Swing Line Loan are each subject to the satisfaction of the following conditions:
Appears in 8 contracts
Samples: Credit Agreement (Hilton Hotels Corp), Credit Agreement (Caesars Entertainment Inc), Credit Agreement (Park Place Entertainment Corp)
Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan on the occasion of any Borrowing, the obligation of the Issuing Lender any Issuer to issue (or renew extend or extend allow an extension of the term expiry date of) any Letter of Credit and the obligation of the Swing Line Lender Swingline Bank to make a Swingline Loan on the occasion of any Swing Line Loan Swingline Borrowing are each subject to the satisfaction of the following conditions:
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Sybron Chemicals Inc), Credit Agreement (Sybron Chemicals Inc)
