Conditions Precedent to Issuance of Each Letter of Credit. The obligations of the Issuing Lenders to issue the Letters of Credit hereunder are subject to the receipt by the Administrative Agent (except as set forth otherwise below) of each of the following documents, and the satisfaction of the conditions precedent set forth below, each of which shall be satisfactory to the Administrative Agent and the Issuing Lender in form and substance (unless waived in accordance with Section 9.02):
Appears in 2 contracts
Samples: Credit Agreement (NRG Yield, Inc.), Credit Agreement (GenOn Energy, Inc.)
Conditions Precedent to Issuance of Each Letter of Credit. The obligations obligation of the each Issuing Lenders Lender to issue the Letters Issue any Letter of Credit hereunder are is subject to the receipt by the Administrative Agent (except as set forth otherwise below) and the applicable Issuing Lender of each of the following documents, and the satisfaction of the conditions precedent set forth below, each of which shall be reasonably satisfactory in form and substance to the Administrative Agent and the applicable Issuing Lender in form and substance (unless waived in accordance with Section 9.02):
Appears in 1 contract
Samples: Credit Agreement (Avangrid, Inc.)
Conditions Precedent to Issuance of Each Letter of Credit. The obligations obligation of the each Issuing Lenders Lender to issue the Letters Issue any Letter of Credit hereunder are is subject to the receipt by the Administrative Agent (except as set forth otherwise below) and the applicable Issuing Lender of each of the following documents, and the satisfaction of the conditions precedent set forth below, each of which shall be reasonably satisfactory in form and substance to the Administrative Agent and the applicable Issuing Lender in form and substance (unless waived in accordance with Section 9.0210.02):
Appears in 1 contract
Samples: Credit Agreement (Avangrid, Inc.)