Conditions Precedent to Issuance of the Letter of Credit. This Agreement shall become effective, and the Bank will issue the Letter of Credit, on the date the Bonds are issued and sold to the purchaser(s) thereof, provided that all of the following conditions are met:
Appears in 4 contracts
Samples: Letter of Credit Agreement (Bovie Medical Corp), Letter of Credit Agreement (Sterigenics International), Letter of Credit Agreement (Flanders Corp)
Conditions Precedent to Issuance of the Letter of Credit. This Reimbursement Agreement shall become effective, and the Bank will issue the Letter of Credit, on the date the Bonds are issued and sold to the purchaser(s) thereof, provided that all of the following conditions are met:shall have been met on or before such date.
Appears in 1 contract
Samples: Reimbursement Agreement (Technology Flavors & Fragrances Inc)
