Common use of CONDITIONS OF LENDING AND ISSUANCE OF LETTERS Clause in Contracts

CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank to make Loans and of the Agent to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

Appears in 3 contracts

Samples: Credit Agreement (Internet Capital Group Inc), Convertible Revolving Credit Facility (Ptek Holdings Inc), Revolving Credit Facility (Rainbow Rentals Inc)

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CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank to make Loans and of the Agent and the Letter of Credit Banks to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:: 6.1 First

Appears in 3 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Revolving Credit Facility (Hovnanian Enterprises Inc), Revolving Credit Facility (Hovnanian Enterprises Inc)

CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank to make Loans and of the Administrative Agent to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

Appears in 2 contracts

Samples: Credit Agreement (KPMG Consulting Inc), Credit Agreement (Internet Capital Group Inc)

CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank Lender to make Loans and of the Agent Issuing Lender to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties Borrowers of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:: 6.1

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank Lender to make Loans and of the Agent Issuing Lender to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

Appears in 1 contract

Samples: Credit Agreement (Hallador Energy Co)

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CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank Lender to make Loans and of the Agent and the Letter of Credit Lenders to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

Appears in 1 contract

Samples: Revolving Credit Facility (Hovnanian Enterprises Inc)

CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank Lender to make Loans and of the Agent Issuing Lender to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:: 7.1 First

Appears in 1 contract

Samples: Credit Agreement (DLH Holdings Corp.)

CONDITIONS OF LENDING AND ISSUANCE OF LETTERS. OF CREDIT ------------------------------------------------------- The obligation of each Bank Lender to make Loans and of the Agent to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

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