Conditions to each Borrowing and each Letter of Credit. The obligation of each Bank to loan its Commitment Percentage of each Borrowing and the obligation of any Letter of Credit Issuer to issue Letters of Credit on the date any Letter of Credit is to be issued is subject to the further satisfaction of the following conditions:
Appears in 13 contracts
Samples: Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum, Inc.)
Conditions to each Borrowing and each Letter of Credit. The obligation of each Bank to loan its Commitment Percentage of each Borrowing and the obligation of any Letter of Credit Issuer to issue Letters issue, extend, amend or renew any Letter of Credit on the date any such Letter of Credit is to be issued issued, extended, amended or renewed is subject to the further satisfaction of the following conditions:
Appears in 8 contracts
Samples: Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)
Conditions to each Borrowing and each Letter of Credit. The obligation of each Bank to loan its Commitment Percentage of each Borrowing and the obligation of any Letter of Credit Issuer Administrative Agent to issue Letters a Letter of Credit on the date any such Letter of Credit is to be issued is subject to the further satisfaction of the following conditions:
Appears in 3 contracts
Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Encore Acquisition Co), Credit Agreement (Encore Acquisition Co)
Conditions to each Borrowing and each Letter of Credit. The obligation of each Bank to loan its Commitment Percentage of each Borrowing and the obligation of any Letter of Credit Issuer to issue Letters of Credit on the date any Letter of Credit is to be issued is are subject to the further satisfaction of the following conditions:
Appears in 1 contract
Conditions to each Borrowing and each Letter of Credit. The obligation of each Bank to loan its Commitment Percentage of each Borrowing and the obligation of any Letter of Credit Issuer the Agent to issue Letters a Letter of Credit on the date any such Letter of Credit is to be issued is subject to the further satisfaction of the following conditions:
Appears in 1 contract
