Conditions Precedent to Issuance. The issuance by any Issuing Lender of each Letter of Credit shall, in addition to the conditions precedent set forth in Section 6, be subject to the conditions precedent that (i) such Letter of Credit shall be in such form, contain such terms and support such transactions as shall be satisfactory to such Issuing Lender consistent with its then current practices and procedures with respect to letters of credit of the same type and (ii) the Borrowers shall have executed and delivered such applications, agreements and other instruments relating to such Letter of Credit as such Issuing Lender shall have reasonably requested consistent with its then current practices and procedures with respect to letters of credit of the same type, provided that in the event of any conflict between any such application, agreement or other instrument and the provisions of this Agreement or any Security Document, the provisions of this Agreement and the Security Documents shall control.
Conditions Precedent to Issuance. The issuance by an Issuing Lender of each Letter of Credit shall, in addition to the conditions precedent set forth in Article III, be subject to the conditions precedent that (i) such Letter of Credit shall be in such form, contain such terms and support such transactions as shall be reasonably satisfactory to such Issuing Lender consistent with its then current practices and procedures with respect to letters of credit of the same type, and (ii) the Borrower shall have executed and delivered such applications, agreements and other instruments relating to such Letter of Credit as such Issuing Lender shall have reasonably requested consistent with its then current practices and procedures with respect to letters of credit of the same type; provided that in the event of any conflict between any such application, agreement or other instrument and the provisions of this Agreement, the provisions of this Agreement shall control. Not later than 5:00 p.m. (Local Time) on the Business Day preceding the date of issuance of any Letter of Credit, the relevant Issuing Lender shall request confirmation from the Administrative Agent that such issuance would not cause the limitations set forth in clause (ii) of the first paragraph of this Section 2.16 to be exceeded, and such Issuing Lender shall not issue such Letter of Credit if (x) the Administrative Agent advises such Issuing Lender that such limitations would be exceeded or (y) the Administrative Agent notifies such Issuing Lender that the Administrative Agent has been advised by any other Lender or the Borrower that a condition precedent under Section 3.02 relating to such issuance has not been satisfied.
Conditions Precedent to Issuance. (A) The Issuer shall have submitted to the Debenture Trustee, in a form and manner satisfactory to the Debenture Trustee, the following on or prior to the date of execution of the Deed:
Conditions Precedent to Issuance. CIBC shall issue letters of credit and give letters of guarantee on behalf of the Borrower upon execution by the Borrower of CIBC's standard forms applicable thereto.
Conditions Precedent to Issuance. (a) Subject to satisfaction of the conditions precedent set forth in subsections (b), (c) and (d) of this Section, the Bank shall issue the Letter of Credit on the date set forth in the notice referred to in Section 3(b)(viii) (such date or such later date on which the conditions precedent are satisfied and the Letter of Credit is issued being herein called the "Issuance Date"). The Letter of Credit shall be effective on the Issuance Date and shall expire on the Termination Date.
Conditions Precedent to Issuance. The issuance by the Issuing Lender of each Revolving Letter of Credit shall, in addition to the conditions precedent set forth in Section 7 hereof, be subject to the conditions precedent that (i) such Revolving Letter of Credit shall either (x) be in such form, contain such terms and support such transactions as shall be satisfactory to the Issuing Lender consistent with its then current practices and procedures with respect to Revolving Letters of Credit of the same type or (y) have been consented to by each Revolving Credit Lender and (ii) the Borrower shall have executed and delivered such applications, agreements and other instruments relating to such Revolving Letter of Credit as the Issuing Lender shall have reasonably requested consistent with its then current practices and procedures with respect to Revolving Letters of Credit of the same type.
Conditions Precedent to Issuance of the Letter of Credit. (a) The Bank shall have received on or before the Date of Issuance the following, each dated such date, in form and substance satisfactory to the Bank:
Conditions Precedent to Issuance. The following constitute conditions precedent to the obligation of the Series 1997-1 Letter of Credit Provider to issue the Series 1997-1 Letter of Credit (provided, that such conditions will be deemed to be satisfied upon the issuance of the Series 1997-1 Letter of Credit):
Conditions Precedent to Issuance of the Letter of Credit. ------------------------------------------------------------
Conditions Precedent to Issuance. The Lender will issue Letters of Credit and Letters of Guarantee under the Swing Line Credit on behalf of the Borrower upon being reasonably satisfied as to the purpose, terms, conditions and beneficiary(ies) thereof and upon execution by the Borrower of the Lender's usual forms.
