Common use of Each Advance and Letter of Credit Clause in Contracts

Each Advance and Letter of Credit. The Lenders shall not be required to make any Advance, or convert or continue any Advance, or issue any Letter of Credit and no Swing Line Bank shall be required to make any Swing Line Loans hereunder, unless on the applicable Borrowing Date, or in the case of a Letter of Credit, the date on which the Letter of Credit is to be issued:

Appears in 8 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Sybron Dental Specialties Inc), Credit Agreement (Chicago Bridge & Iron Co N V)

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Each Advance and Letter of Credit. The Lenders shall not be required to make any Advance, or convert or continue any Advance, or issue any Letter of Credit and no Swing Line Bank shall be required to make any Swing Line Loans hereunder, unless on the applicable Borrowing Date, or in the case of a Letter of Credit, the date on which the Letter of Credit is to be issued:the

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

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