Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate one or more Lenders as additional Issuing Banks. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "Issuing Bank Agreement"), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "Issuing Bank" shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 6 contracts
Samples: Credit Agreement (Tyson Foods Inc), Credit Agreement (Tyson Foods Inc), Five Year Credit Agreement (Tyson Foods Inc)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 5 contracts
Samples: Credit Agreement (Sunoco Inc), Five Year Competitive Advance and Revolving Credit Facility Agreement (Sunoco Inc), Five Year Competitive Advance and Revolving Credit Facility Agreement (Sunoco Inc)
Designation of Additional Issuing Banks. From The Borrower may, at any time and from time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Revolving Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Revolving Lender of any an appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "Issuing Bank Agreement")agreement, which shall be in a form and substance reasonably satisfactory to the Borrower Administrative Agent and the Administrative AgentBorrower, shall set forth the L/C Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lenderthe Borrower, the Borrower and the Administrative Agent and such designated Revolving Lender and, from and after the effective date of such agreement, (i) such Revolving Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Revolving Lender in its capacity as an issuer of Letters of Credit hereunder. The Borrower shall provide notice to the Administrative Agent of the designation of any additional Issuing Bank.
Appears in 4 contracts
Samples: Credit Agreement (Ww International, Inc.), Credit Agreement (Ww International, Inc.), Credit Agreement
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form reasonably satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 4 contracts
Samples: Credit Agreement (Northrop Grumman Corp /De/), Credit Agreement (Northrop Grumman Corp /De/), Credit Agreement (Northrop Grumman Corp /De/)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided in this Section 2.17(j). The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from Agent. From and after the effective date of such agreementeach Issuing Bank Agreement, (i) such the applicable Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 2 contracts
Samples: Five Year Credit Agreement (Aetna Inc /Pa/), Five Year Credit Agreement (Aetna Inc /Pa/)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Lender of any an appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 2 contracts
Samples: Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Amerisourcebergen Corp)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form reasonably satisfactory to the Borrower and the Administrative Payment Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Payment Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 2 contracts
Samples: Credit Agreement (Northrop Grumman Corp /De/), Credit Agreement (Northrop Grumman Corp /De/)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Revolving Lenders designate one or more Lenders as additional Issuing Banks. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "Issuing Bank Agreement"), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "Issuing Bank" shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 2 contracts
Samples: Credit Agreement (Millennium Chemicals Inc), Credit Agreement (Millennium America Inc)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate one or more Lenders as additional Issuing Banks. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 1 contract
Samples: Credit Agreement (Tyson Foods Inc)
Designation of Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided in this Section 2.05(j). The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form satisfactory to the Borrower and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower and the Administrative Agent and, from Agent. From and after the effective date of such agreementeach Issuing Bank Agreement, (i) such the applicable Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 1 contract
Samples: Credit Agreement (Aetna Inc /Pa/)
Designation of Additional Issuing Banks. From time to time, the Borrower Company may by notice to the Administrative Agent and the US Tranche Revolving Credit Lenders designate as additional Issuing Banks one or more Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Lender of any appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "“Issuing Bank Agreement"”), which shall be in a form satisfactory to the Borrower Company and the Administrative Agent, shall set forth the L/C LC Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lender, the Borrower Company and the Administrative Agent and, from and after the effective date of such agreement, (i) such Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Lender in its capacity as an Issuing Bank.
Appears in 1 contract
Designation of Additional Issuing Banks. From The Borrower may, at any time and from time to time, the Borrower may by notice to the Administrative Agent and the Lenders designate as additional Issuing Banks one or more Revolving Lenders that agree to serve in such capacity as additional Issuing Banksprovided below. The acceptance by a Revolving Lender of any an appointment as an Issuing Bank hereunder shall be evidenced by an agreement (an "Issuing Bank Agreement")agreement, which shall be in a form and substance reasonably satisfactory to the Borrower Revolving Agent and the Administrative AgentBorrower, shall set forth the L/C Commitment and Issuing Bank Fees of such Lender and shall be executed by such Lenderthe Borrower, the Borrower Revolving Agent and the Administrative Agent such designated Revolving Lender and, from and after the effective date of such agreement, (i) such Revolving Lender shall have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term "“Issuing Bank" ” shall be deemed to include such Revolving Lender in its capacity as an issuer of Letters of Credit hereunder. The Borrower shall provide notice to the Administrative Agent of the designation of any additional Issuing Bank.
Appears in 1 contract
Samples: Credit Agreement (Weight Watchers International Inc)