Conditions Precedent to All Letters of Credit. The right of the Borrower to obtain the issuance of any Letter of Credit that the relevant Issuing Bank determines to issue in its sole discretion hereunder is subject to prior or concurrent satisfaction of all of the following conditions:
Appears in 6 contracts
Samples: Credit Agreement (Wells Aluminum Corp), Credit Agreement (Holley Performance Products Inc), Securities Pledge Agreement (Carson Inc)
Conditions Precedent to All Letters of Credit. The right of the any Borrower to obtain the issuance of any Letter of Credit that the relevant Issuing Bank determines to issue in its sole discretion hereunder is subject to prior or concurrent satisfaction of all of the following conditions:
Appears in 3 contracts
Samples: Credit Agreement (MMH Holdings Inc), Credit Agreement (Morris Material Handling Inc), Assignment and Assumption Agreement (MMH Holdings Inc)
Conditions Precedent to All Letters of Credit. The right of --------------------------------------------- the Borrower to obtain the issuance of any Letter of Credit that the relevant Issuing Bank determines to issue in its sole discretion hereunder is subject to prior or concurrent satisfaction of all of the following conditions:
Appears in 1 contract
Conditions Precedent to All Letters of Credit. The right of the Borrower to obtain the issuance of any Letter of Credit that the relevant Issuing Bank determines to issue in its sole reasonable discretion hereunder is subject to prior or concurrent satisfaction of all of the following conditions:
Appears in 1 contract
