Conditions to the Issuance of all Letters of Credit. (a) Notwithstanding anything to the contrary set forth in this Article II, no LC Issuer shall be under any obligation to issue any Letter of Credit if at the time of such issuance:
Appears in 6 contracts
Samples: Credit and Letter of Credit Facility Agreement (Third Point Reinsurance Ltd.), Credit Facility Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD)
Conditions to the Issuance of all Letters of Credit. (a) Notwithstanding anything to the contrary set forth in this Article IIIII, no LC Issuer shall be under any obligation to issue any Letter of Credit if at the time of such issuance:
Appears in 3 contracts
Samples: Credit Agreement (Quanta Capital Holdings LTD), Credit Agreement (Quanta Capital Holdings LTD), Credit Agreement (Quanta Capital Holdings LTD)
Conditions to the Issuance of all Letters of Credit. (a) Notwithstanding anything to the contrary set forth in this Article IISection 2, no LC Issuer shall be under any obligation to issue any Letter of Credit if at the time of such issuance:
Appears in 2 contracts
Conditions to the Issuance of all Letters of Credit. (a) Notwithstanding anything to the contrary set forth in this Article II, no LC Issuer shall be under any obligation to issue any Letter of Credit if at the time of such issuance:issuance:[Reserved].
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