Facility Letters of Credit. (a) Each Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIII, during the period commencing on the Effective Date and ending on the sixtieth (60th) day prior to the Termination Date.
Appears in 3 contracts
Samples: Assignment Agreement, Assignment Agreement (Beazer Homes Usa Inc), Assignment Agreement (Beazer Homes Usa Inc)
Facility Letters of Credit. (a) Each The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIIIIV, during the period commencing on the Effective Date and ending on the sixtieth (60th) day Business Day prior to the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (U S Home Corp /De/), Assignment Agreement (U S Home Corp /De/)
Facility Letters of Credit. (a) Each The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIIIIV, during the period commencing on the Effective Date date of the Original Agreement and ending on the sixtieth (60th) day Business Day prior to the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (U S Home Corp /De/), Credit Agreement (U S Home Corp /De/)
Facility Letters of Credit. (a) Each Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIII, during the period commencing on the Effective Date date hereof and ending on the sixtieth (60th) day prior to the Termination Date.
Appears in 1 contract
Facility Letters of Credit. (a) Each The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIII, during the period commencing on the Effective Date and ending on the sixtieth (60th) day prior to the Termination Date.
Appears in 1 contract
Facility Letters of Credit. (a) Each The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIIIIV, during the period commencing on the Effective Date date hereof and ending on the sixtieth (60th) day prior to the Termination Date.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sunstone Hotel Investors Inc)
Facility Letters of Credit. (a) Each The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIIIIV, during the period commencing on the Effective Date date hereof and ending on the sixtieth (60th) day prior to the Termination Date. The parties acknowledge that the Letter of Credit identified on Schedule 4.1 and issued by Bank One under the Original Credit Agreement constitute Facility Letters of Credit.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sunstone Hotel Investors Inc)
Facility Letters of Credit. (a) Each The Issuing Bank agrees, on the terms and conditions set forth in this Agreement, to issue from time to time for the account of the Borrower, through such offices or branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit in accordance with this Article XIIIIV, during the period commencing on the Effective Date date hereof and ending on the sixtieth (60th) day Business Day prior to the Facility Termination Date.
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