LC Conditions. With respect to the procurement of any Letter of Credit after the Closing Date, each of the LC Conditions is satisfied.
LC Conditions. With respect to issuance of any Letter of Credit, each of the LC Conditions shall be satisfied or waived in accordance with the terms of this Agreement;
LC Conditions. With respect to the procurement of any Letter of Credit after the Closing Date, each of the conditions to Section 1.2.3 is satisfied.
LC Conditions. With respect to issuance of a Letter of Credit, the LC Conditions shall be satisfied (or waived). Each request (or deemed request) by Administrative Borrower, on behalf of Borrowers, for funding of a Loan or issuance of a Letter of Credit to or for the benefit of Borrowers (other than, for the avoidance of doubt, any conversion or continuation of an existing Loan) shall constitute a representation by Borrowers that the foregoing conditions are satisfied on the date of such request and on the date of such funding or issuance.
LC Conditions. With respect to the issuance of any Letter of Credit on the Restatement Effective Date, each of the LC Conditions is satisfied.
LC Conditions. Each of the LC Conditions shall have been satisfied.
LC Conditions. With respect to the procurement of any Letter of Credit each of the LC Conditions is satisfied.
LC Conditions. With respect to the issuance of any Letter of Credit after the Post-Confirmation Effective Date, each of the LC Conditions is satisfied.
LC Conditions upon giving effect to the issuance of a Letter of Credit, (a) the conditions in Section 6 are satisfied; (b) total LC Obligations do not exceed the Letter of Credit Subline and Revolver Usage does not exceed the Borrowing Base; (c) the Letter of Credit and payments thereunder are denominated in Dollars or other currency satisfactory to Lender; and (d) the purpose and form of the Letter of Credit are satisfactory to Lender in its reasonable discretion. LC Documents: all documents, instruments and agreements (including requests and applications) delivered by any Borrower or other Person to Lender in connection with a Letter of Credit.
LC Conditions. Each Borrower may borrow by way of LC subject to the following conditions:
(a) each LC shall expire on a Business Day and the expiry date shall not be more than 364 days after the date of issuance unless the Bank has advised the Borrowers it is not extending the Credit Facility in which case such expiry date shall not be later than the Maturity Date.
(b) prior to the issue of an LC, the Borrower shall execute a duly authorized application and/or indemnity with respect to such LC in form and substance satisfactory to the Bank, acting reasonably.
