Common use of LC Subsidiaries Clause in Contracts

LC Subsidiaries. The designation of any Subsidiary (other than a Borrower) as an LC Subsidiary and the obligation of each Issuing Bank to issue any Letter of Credit for the account of such LC Subsidiary shall not become effective until each of the following conditions is satisfied with respect to such LC Subsidiary (or waived in accordance with Section 9.02):

Appears in 2 contracts

Samples: Credit Agreement (Graftech International LTD), Credit Agreement (Graftech International LTD)

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LC Subsidiaries. The designation of any Subsidiary (other than a Borrower) as an LC Subsidiary (other than Swissco) and the obligation of each the Issuing Bank to issue any Letter of Credit for the account of such LC Subsidiary shall not become effective until each of the following conditions is satisfied with respect to such LC Subsidiary (or waived in accordance with Section 9.02):

Appears in 1 contract

Samples: Credit Agreement (Graftech International LTD)

LC Subsidiaries. The designation of any Subsidiary (other than a Borrower) as an LC Subsidiary and the obligation of each the Issuing Bank to issue any Letter of Credit for the account of such LC Subsidiary shall not become effective until each of the following conditions is satisfied with respect to such LC Subsidiary (or waived in accordance with Section 9.02):

Appears in 1 contract

Samples: Credit Agreement (Graftech International LTD)

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LC Subsidiaries. The designation of any Subsidiary (other than a Borrower) as an LC Subsidiary and the obligation obligations of each the Issuing Bank to issue any Letter of Credit for the account of such LC Subsidiary shall not become effective until each of the following conditions is satisfied with respect to such LC Subsidiary (or waived in accordance with Section 9.0210.02):

Appears in 1 contract

Samples: Credit Agreement (GrafTech Holdings Inc.)

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