Conditions Precedent to Issuance of Letters of Credit. The obligation of any Issuing Bank to issue, increase, or renew any Letter of Credit requested by Borrower is subject to satisfaction of the following conditions precedent:
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Samples: Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/)
Conditions Precedent to Issuance of Letters of Credit. The obligation of any the Issuing Bank to issue, increaserenew, or renew extend any Letter of Credit requested by Borrower is subject to the satisfaction of the following additional conditions precedent:
Appears in 1 contract
Samples: Credit Agreement (Swift Energy Co)
Conditions Precedent to Issuance of Letters of Credit. The obligation of any the Issuing Bank Lender to issue, increase, or renew issue any Letter of Credit requested by Borrower is subject to satisfaction of the following conditions precedent:precedent (in addition to those set forth above in this Section 4.15):
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