Conditions Precedent and Conditions Subsequent to Issuance of the Letter of Credit. (a) Conditions Precedent to Issuance of the Letter of Credit. The obligation of the Bank to issue the Letter of Credit shall be subject to the fulfillment of each of the following conditions precedent on or before the Issuance Date in a manner satisfactory to the Bank and its counsel:
Appears in 3 contracts
Samples: Credit and Reimbursement Agreement, Letter of Credit and Reimbursement Agreement, Credit and Reimbursement Agreement
Conditions Precedent and Conditions Subsequent to Issuance of the Letter of Credit. (a) Conditions Precedent to Issuance of the Letter of Credit. The obligation of the Bank to issue the Letter of Credit shall be subject to the fulfillment of each of the following conditions precedent on or before the Issuance Date in a manner satisfactory to the Bank and its counsel:
Appears in 1 contract
Samples: Credit and Reimbursement Agreement
