Common use of Conditions to Issuance of Bond LCs Clause in Contracts

Conditions to Issuance of Bond LCs. The obligations of any LC Issuer to issue any Xxxx XX in respect of any series of Bonds shall be subject to the conditions precedent that on or before the Date of Issuance for such Xxxx XX, the Administrative Agent shall have received all of the following each dated a date reasonably satisfactory to the Administrative Agent and otherwise in form and substance reasonably satisfactory to the Administrative Agent:

Appears in 5 contracts

Samples: Credit Agreement (Baltimore Gas & Electric Co), Credit Agreement (Commonwealth Edison Co), Credit Agreement

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