Conditions Precedent to Issuance of Letters of Credit. The obligation of the Issuing Bank to issue any Letter of Credit requested by the Company is subject to satisfaction of the following conditions precedent:
Appears in 8 contracts
Samples: Revolving Credit Agreement (Ryland Group Inc), Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Schuler Homes Inc)
Conditions Precedent to Issuance of Letters of Credit. The ----------------------------------------------------- obligation of the Issuing Bank to issue any Letter of Credit requested by the Company is subject to satisfaction of the following conditions precedent:
Appears in 1 contract
Samples: Revolving Credit Agreement (Standard Pacific Corp /De/)
