Common use of CONDITIONS OF LENDING OR ISSUANCE OF LETTER OF CREDIT Clause in Contracts

CONDITIONS OF LENDING OR ISSUANCE OF LETTER OF CREDIT. The obligation of each Lender to make the Revolving Credit Loans hereunder, or of the L/C Issuer to issue Letters of Credit hereunder, or of PNC Bank to make Swingline Loans hereunder, is subject to the performance by the Borrower of its obligations to be performed hereunder at or prior to the making of any such Revolving Credit Loans or Swingline Loans, or the issuance of any such Letter of Credit, as the case may be, and to the satisfaction of the following further conditions.

Appears in 3 contracts

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Rmi Titanium Co), Revolving Credit and Letter of Credit Issuance Agreement (Rti International Metals Inc), Revolving Credit and Letter of Credit Issuance Agreement (Rti International Metals Inc)

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CONDITIONS OF LENDING OR ISSUANCE OF LETTER OF CREDIT. The obligation of each Lender to make the Revolving Credit Loans hereunder, or of the L/C Issuer to issue Letters of Credit hereunder, or of PNC Bank the Swingline Lender to make Swingline Loans hereunder, is subject to the performance by the Borrower of its obligations to be performed hereunder at or prior to the making of any such Revolving Credit Loans or Swingline Loans, or the issuance of any such Letter of Credit, as the case may be, and to the satisfaction of the following further conditions.

Appears in 1 contract

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Pitt Des Moines Inc)

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CONDITIONS OF LENDING OR ISSUANCE OF LETTER OF CREDIT. The obligation of each Lender to make the Revolving Credit Loans hereunder, or of the L/C Issuer to issue Letters of Credit hereunder, or of PNC Bank to make Swingline Loans hereunder, is subject to the performance by the Borrower of its obligations to be performed hereunder at or prior to the making of any such Revolving Credit Loans or Swingline Loans, or the issuance of any such Letter of Credit, as the case may be, and to the satisfaction of the following further conditions.

Appears in 1 contract

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Carbide Graphite Group Inc /De/)

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