Common use of Issuances and Extensions Clause in Contracts

Issuances and Extensions. (a) On the terms and subject to the conditions of this Agreement (including ARTICLE VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 2 contracts

Samples: Credit Agreement (Fibreboard Corp /De), Credit Agreement (Fibreboard Corp /De)

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Issuances and Extensions. (a) On the terms and subject to the conditions of this Agreement (including ARTICLE Article VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and notify each of the Lenders with a copy of such Letter of Creditthe issuance) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 2 contracts

Samples: Credit Agreement (Simpson Industries Inc), Credit Agreement (Simpson Industries Inc)

Issuances and Extensions. (a) On the terms and subject to the conditions of this Agreement (including ARTICLE VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 1 contract

Samples: Credit Agreement (Fibreboard Corp /De)

Issuances and Extensions. (a) On the terms and subject to the conditions of this Agreement (including ARTICLE VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 1 contract

Samples: Credit Agreement (Cornerstone Propane Partners Lp)

Issuances and Extensions. (a) On the terms and subject to the conditions of this Agreement (including ARTICLE Article VI), the Issuer shall issue Letters of Credit, and extend extend, one or more times, the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Upon such issuance or extension, the Issuer shall promptly notify the Administrative Agent thereof. The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Inc)

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Issuances and Extensions. (a) On the terms and subject to the conditions of this Agreement (including ARTICLE VI), the Issuer shall issue Letters of Credit, and extend extend, one or more times, the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Upon such issuance or extension, the Issuer shall promptly notify the Administrative Agent thereof. The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 1 contract

Samples: Pledge Agreement (Amc Entertainment Inc)

Issuances and Extensions. (a) On Subject to the terms and subject to the conditions of this Agreement (including ARTICLE Article VI), the Issuer Bank shall issue Letters of Credit, Credit and extend the Stated Expiry Dates of outstanding Letters of CreditCredit for additional periods of the shorter of (a) one (1) year, or (b) the Commitment Termination Date, in accordance with the Issuance Requests made therefor. Each Issuer The Bank will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Revolving Borrower and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit issued by it of any extension of the Stated Expiry Date or other renewal thereof.

Appears in 1 contract

Samples: Credit Agreement (Edison Schools Inc)

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