Conditions of Lending and Issuances of Letters of Credit Sample Clauses

Conditions of Lending and Issuances of Letters of Credit. SECTION 3.01. Conditions Precedent to Initial Extension of Credit 48 SECTION 3.02. Conditions Precedent to Each Borrowing and Issuance and Renewal 52
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Conditions of Lending and Issuances of Letters of Credit. SECTION 3.01. Conditions Precedent to Initial Extension of Credit ................................... 56 SECTION 3.02. Conditions Precedent to Each Borrowing and Issuance and Renewal ....................... 59 SECTION 3.03. Determinations Under Section 3.01 ..................................................... 60
Conditions of Lending and Issuances of Letters of Credit. Section 3.1 Conditions Precedent to Restatement Effective Date 49 TABLE OF CONTENTS (continued) Page
Conditions of Lending and Issuances of Letters of Credit. Section 3.1 Conditions Precedent to Restatement Effective Date 48 Section 3.2 Conditions Precedent to Each Issuance, Extension or Increase of a Letter of Credit 51 TABLE OF CONTENTS (continued) Page ARTICLE IV
Conditions of Lending and Issuances of Letters of Credit. SECTION 3.01 CONDITIONS PRECEDENT TO EFFECTIVENESS OF SECTION 2.01, 2.03 AND 2.04. Sections 2.01, 2.03 and 2.04 of this Agreement shall be come effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent have been satisfied:
Conditions of Lending and Issuances of Letters of Credit. Conditions Precedent to Initial Extension of Credit. The obligation of --------------------------------------------------- each Lender to make an Advance or of the Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:
Conditions of Lending and Issuances of Letters of Credit. Section 3.01 Conditions Precedent to Closing Date 6 Section 3.02 Conditions Precedent to New Money Closing 11 Section 3.03 Conditions Precedent to Refinancing Closing 14 Section 3.04 Second New Money Borrowing 16 Section 3.05 Determinations Under Sections 3.01, 3.02, 3.03 and 3.04 20
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Conditions of Lending and Issuances of Letters of Credit 

Related to Conditions of Lending and Issuances of Letters of Credit

  • Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower. Such Letter of Credit Application must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least two Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; and (G) such other matters as the L/C Issuer may require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such other matters as the L/C Issuer may require. Additionally, the Borrower shall furnish to the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may require.

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