Conditions Precedent to the Issuance of Letters of Credit. The Issuing Bank shall not be under any obligation to, and in the case of clauses (ii), (v) and (vi) below shall not, Issue any Letter of Credit if:
Appears in 3 contracts
Samples: Credit Agreement (Allied World Assurance Co Holdings, AG), Credit Agreement (Allied World Assurance Co Holdings LTD), Credit Agreement (Allied World Assurance Co Holdings LTD)
Conditions Precedent to the Issuance of Letters of Credit. The Each Issuing Bank shall not be under any obligation to, and in the case of clauses (i), (ii), (iv), (v) and (vi) below shall not, Issue any Letter of Credit if:
Appears in 1 contract
Samples: Credit Agreement (ACE LTD)