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 and the obligation of an Issuing Lender to issue (or renew, extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b) and 3.02(e) must be satisfied:

Appears in 2 contracts

Samples: Credit Agreement (Linde PLC), Credit Agreement (Linde PLC)

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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 obligation of an the Issuing Lender Bank to issue (or renew, renew or extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related such Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b) and 3.02(e3.02(b) must be satisfied:

Appears in 2 contracts

Samples: Credit Agreement (Universal Health Services Inc), Credit Agreement (Universal Health Services 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 Lender to issue (or renew, renew or extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related such Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b) and 3.02(e3.02(b) must be satisfied:

Appears in 1 contract

Samples: Credit Agreement (Universal Health Services Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan and the obligation of an the Issuing Lender to issue (or renew, renew or extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b3.03(a) and 3.02(e3.03(b) must be satisfied:

Appears in 1 contract

Samples: Credit Agreement (Praxair 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 the Issuing Lender Bank to issue (or renew, renew or extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related such Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b) and 3.02(e3.02(c) must be satisfied:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Blyth Inc)

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Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan and the obligation of an the Issuing Lender to issue (or renew, extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b3.03(a) and 3.02(e3.03(b) must be satisfied:

Appears in 1 contract

Samples: Credit Agreement (Praxair 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 Lender to issue (or renew, renew or extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related such Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), Section 3.02(b) and 3.02(eSection 3.02(c) must be satisfied:

Appears in 1 contract

Samples: Agreement (Blyth Inc)

Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan and the obligation of an the Issuing Lender to issue (or renew, renew or extend the term of or increase the stated amount of) any Letter of Credit is subject to the satisfaction of the following conditions; provided that if the related Borrowing is a Swingline Takeout Borrowing, only the conditions set forth in clauses 3.02(a), 3.02(b) and 3.02(e3.02(b) must be satisfied:

Appears in 1 contract

Samples: Credit Agreement (Praxair Inc)

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