Common use of Credit Events Clause in Contracts

Credit Events. The obligation of any Bank to make a Loan on the occasion of any Borrowing and of the LC Bank to issue a Letter of Credit (or to permit the extension of an Evergreen Letter of Credit) on the occasion of a request therefor by the Borrower is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Exchange Agreement (Perini Corp), Credit Agreement (Perini Corp)

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Credit Events. The obligation of any Bank Lender to make a Loan on the occasion of any Borrowing and of the LC Bank to issue a Letter of Credit (or to permit the extension of an Evergreen Letter of Credit) on the occasion of a request therefor by the Borrower is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Perini Corp), Credit Agreement (Perini Corp)

Credit Events. The obligation of any Bank to make a Loan on the occasion of any Borrowing and the obligation of the LC Issuing Bank to issue a Letter of Credit (or to permit the extension of an Evergreen Letter of Credit) on the occasion of a any request therefor by the Borrower is are each subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Cisco Systems Inc)

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Credit Events. (a) The obligation of any Bank to make a ------------- Committed Loan on the occasion of any Committed Borrowing hereunder and the obligation of the LC Issuing Bank to issue a issue, renew or extend any Letter of Credit (or to permit the extension of an Evergreen Letter of Credit) on the occasion of a request therefor by the Borrower is hereunder are subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Lyondell Petrochemical Co)

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