Common use of Extension of Credit Clause in Contracts

Extension of Credit. The obligation of each Bank to make a Loan on the occasion of each Borrowing and the obligation of the Revolving Fronting Banks to issue a Revolving Letter of Credit on the occasion of each request therefor by the Borrower shall in each case be subject to the satisfaction of the following conditions:

Appears in 6 contracts

Samples: Reimbursement Agreement (Aes Corp), Reimbursement Agreement (Aes Corp), Collateral Trust Agreement (Aes Corp)

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Extension of Credit. The obligation of each Bank to make a Loan on the occasion of each Borrowing and the obligation of the Revolving Fronting Banks to issue a Revolving Letter of Credit on the occasion of each request therefor by the Borrower shall in each case be subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Credit and Reimbursement Agreement (Aes Corp), Credit and Reimbursement Agreement (Aes Corp)

Extension of Credit. The obligation of each Bank to make a Loan on the occasion of each Borrowing under Section 2.02(a) and the obligation of the Revolving any Fronting Banks Bank to issue a Revolving Letter of Credit on the occasion of each request therefor by the Borrower shall in each case be subject to the satisfaction of the following conditions:

Appears in 2 contracts

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

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Extension of Credit. The obligation of each Bank to make a Loan on the occasion of each Borrowing (including the continuation of certain Loans pursuant to Section 2.01) and the obligation of the a Revolving Fronting Banks Bank to issue a Revolving Letter of Credit on the occasion of each request therefor by the Borrower shall in each case be subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Reimbursement and Exchange Agreement (Aes Corporation)

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