Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, (a) each Lender severally agrees to make Loans to the Borrower in accordance with Section 2.2 and (b) each Issuer agrees to issue Letters of Credit for the account of the Borrower from time to time (and each Lender severally agrees to participate in each such Letter of Credit as more fully set forth in Section 2.17).
Appears in 10 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, (a) each Lender severally agrees to make Loans to the Borrower in accordance with Section 2.2 and (b) each Issuer agrees to issue Letters of Credit for the account of the Borrower from time to time (and each Lender severally agrees to participate in each such Letter of Credit as more fully set forth in Section 2.17)2.2.
Appears in 5 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)
Description of Facility. The Lenders grant to the Borrower Borrowers a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, :
(a) each Lender severally agrees to make Ratable Loans to each of the Borrower Borrowers in accordance with Section 2.2 and 2.2; and
(b) each Issuer agrees Lender may, in its sole discretion, make bids to issue Letters of Credit for the account make Competitive Bid Loans to each of the Borrower from time to time (and each Lender severally agrees to participate Borrowers in each such Letter of Credit as more fully set forth in accordance with Section 2.17)2.3.
Appears in 3 contracts
Samples: 364 Day Credit Agreement (Nationwide Financial Services Inc/), 364 Day Credit Agreement (Nationwide Financial Services Inc/), Credit Agreement (Nationwide Financial Services Inc/)
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon subject to the terms and subject to the conditions herein set forth, (a) each Lender severally agrees to make Loans to the Borrower in accordance with Section 2.2 and (b) each Issuer agrees to issue Letters of Credit for the account of the Borrower from time to time (and each Lender severally agrees to participate in each such Letter of Credit as more fully set forth in Section 2.17)2.2.
Appears in 2 contracts
Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, :
(ai) each Lender severally agrees to make Ratable Loans to the Borrower in accordance with Section 2.2 and 2.2;
(bii) each Issuer agrees to issue Letters of Credit for the account of the Borrower from time to time (and each Lender severally agrees to participate in each such Letter Facility Letters of Credit as more fully set forth issued by the Issuer in accordance with Section 2.17)2.4; and
(iii) each Lender may, in its sole discretion, make bids to make Competitive Bid Loans to the Borrower in accordance with Section 2.3.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Yellow Corp), Revolving Credit Agreement (JPF Acquisition Corp)
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon subject to the terms and subject to the conditions herein set forth, :
(ai) each Lender severally agrees to make Loans to the Borrower in accordance with Section 2.2 and 2.2;
(bii) each L/C Issuer agrees to issue Letters of Credit for the account of the Borrower from time to time and its Subsidiaries in accordance with Section 2.19; and
(and iii) each Lender severally agrees to participate in each such Letter the Letters of Credit as more fully set forth in accordance with Section 2.17)2.19.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Description of Facility. The Upon the terms and subject to the conditions set forth in this Credit Agreement, the Lenders hereby grant to the Borrower Borrowers a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, :
(ai) each Lender severally agrees to make Committed Loans in Agreed Currencies to each of the Borrower Borrowers in accordance with Section 2.2 and 2.03;
(bii) each Issuer Issuing Lender agrees to issue Letters of Credit in Agreed Currencies for the account of each of the Borrower from time to time (and each Lender severally agrees to participate Borrowers in each such Letter of Credit as more fully set forth in accordance with Section 2.17).2.04; and
Appears in 1 contract
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon subject to the terms and subject to the conditions herein set forth, :
(ai) each Lender severally agrees to make Loans to the Borrower in accordance with Section 2.2 and 2.2;
(bii) each L/C Issuer agrees to issue Letters of Credit for the account of the Borrower from time and its Subsidiaries in accordance with Section 2.19; CHAR1\1285208v7 (iii) the Swing Line Lender shall make Swing Line Loans to time (and each Lender severally agrees to participate the Borrower in each such Letter of Credit as more fully set forth in accordance with Section 2.17).2.22; and
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Description of Facility. The Lenders grant to the Borrower Borrowers a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, :
(a) each Lender severally agrees to make Ratable Loans to each of the Borrower Borrowers in amounts not to exceed in the aggregate at any one time outstanding the amount of such Lender’s Commitment in accordance with Section 2.2 and 2.2; and
(b) each Issuer agrees Lender may, in its sole discretion, make bids to issue Letters of Credit for the account make Competitive Bid Loans to each of the Borrower from time to time (and each Lender severally agrees to participate Borrowers in each such Letter of Credit as more fully set forth in accordance with Section 2.17)2.3.
Appears in 1 contract
Samples: Five Year Credit Agreement (Nationwide Financial Services Inc/)
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, :
(ai) each Lender severally agrees to make Ratable Loans to the Borrower in accordance with Section 2.2 and 2.2;
(bii) each the LC Issuer agrees to issue Letters of Credit for the account of the Borrower from time to time (will issue, and each Lender severally agrees will participate in, Facility LCs in accordance with Section 2.19; and
(iii) each Lender may, in its sole discretion, make bids to participate make Competitive Bid Loans to the Borrower in each such Letter of Credit as more fully set forth in accordance with Section 2.17)2.3.
Appears in 1 contract
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, out:
(ai) each Lender severally agrees to make Ratable Loans to the Borrower in accordance with Section 2.2 and 2.2; and
(bii) each Issuer agrees Lender may, in its sole discretion, make bids to issue Letters of Credit for the account of make Competitive Bid Loans to the Borrower from time to time (and each Lender severally agrees to participate in each such Letter of Credit as more fully set forth in accordance with Section 2.17)2.3.
Appears in 1 contract
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon subject to the terms and subject to the conditions herein set forth, :
(ai) each Lender severally agrees to make Loans to the Borrower in accordance with Section 2.2 and 2.2;
(bii) each Issuer agrees the LC Issuers agree to issue Letters of Credit Facility LCs for the account of the Borrower from time to time Borrower; and
(and iii) each Lender severally agrees to participate in each such Letter Facility LCs issued upon the request of Credit as more fully set forth in Section 2.17)the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Description of Facility. The Lenders grant to the Borrower a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth, out:
(ai) each Lender severally agrees to make Committed Loans to the Borrower in accordance with Section 2.2 and 2.2; and
(bii) each Issuer agrees Lender may, in its sole discretion, make bids to issue Letters of Credit for the account of make Competitive Bid Loans to the Borrower from time to time (and each Lender severally agrees to participate in each such Letter of Credit as more fully set forth in accordance with Section 2.17)2.3.
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