Conditions Precedent to the Issuance of the Letter of Credit. The obligation of the Bank to issue the Letter of Credit is subject to the satisfaction of the following conditions precedent:
Conditions Precedent to the Issuance of the Letter of Credit. The obligation of the Issuing Bank to issue the Letter of Credit and of each Participating Bank to make the Advances to be made by it is subject to the fulfillment of the conditions precedent that the Agent shall have received on or before the day of such issuance the following, each dated such day (except where specified otherwise below), in form and substance satisfactory to each Participating Bank (except where specified otherwise below) and in sufficient copies for each Participating Bank:
Conditions Precedent to the Issuance of the Letter of Credit. Subject to the prior fulfillment of the following conditions precedent set forth in clauses (a) through (d) below, the Bank shall issue the Letter of Credit, effective on the Date of Issuance:
Conditions Precedent to the Issuance of the Letter of Credit. The Bank's obligation to issue the Letter of Credit and all other obligations of the Bank hereunder are conditioned upon the satisfaction by the Company of all of the following conditions:
