Common use of Conditions to All Borrowings and Letters of Credit Clause in Contracts

Conditions to All Borrowings and Letters of Credit. The obligation of -------------------------------------------------- each Bank to make any Loan to be made by it and of the Issuing Bank to take any Letter of Credit Action is subject to the satisfaction of the following conditions precedent on the relevant Borrowing Date or Letter of Credit Action Date:

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Apw LTD), Multicurrency Credit Agreement (Apw LTD)

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Conditions to All Borrowings and Letters of Credit. The obligation of -------------------------------------------------- each Bank Lender to make any Loan to be made by it and of the Issuing Bank Lender to take any Letter of Credit Action is subject to the satisfaction of the following conditions precedent on the relevant Borrowing Date or Letter of Credit Action Date:

Appears in 1 contract

Samples: Superpriority Credit Agreement (Apw LTD)

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Conditions to All Borrowings and Letters of Credit. The obligation of -------------------------------------------------- each Bank to make any Loan to be made by it and of the Issuing Bank to take any Letter of Credit Action is subject to the satisfaction of the following conditions precedent on the relevant Borrowing Date or Letter of Credit Action Date:

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Apw LTD)

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