Discretionary Issuance of Lender Issued Guarantees. Upon request of the Borrower, and at the sole discretion of the Administrative Agent, the Guarantee Lender shall issue Lender Issued Guarantees (within the Letter of Credit Sublimit), the form and substance of which shall be satisfactory to the Administrative Agent.
Appears in 3 contracts
Samples: Credit Agreement (Alexion Pharmaceuticals Inc), Credit Agreement (Alexion Pharmaceuticals Inc), Credit Agreement (Alexion Pharmaceuticals Inc)
Discretionary Issuance of Lender Issued Guarantees. Upon request of the any Borrower, and at the sole discretion of the Administrative Agent, the Guarantee Lender shall issue Lender Issued Guarantees (within the Letter of Credit Sublimit)) in support of obligations of the Administrative Borrower or any of its Restricted Subsidiaries, the form and substance of which shall be satisfactory to the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Alexion Pharmaceuticals Inc), Credit Agreement (Alexion Pharmaceuticals Inc)
Discretionary Issuance of Lender Issued Guarantees. Upon request of the any Borrower, and at the sole discretion of the Administrative Agent, the Guarantee Lender shall issue Lender Issued Guarantees (within the Letter of Credit Sublimit)) in support of obligations of the Administrative Borrower or any of its Subsidiaries, the form and substance of which shall be satisfactory to the Administrative Agent.
Appears in 1 contract
