Common use of Letters of Credit and Swing Line Loans Clause in Contracts

Letters of Credit and Swing Line Loans. Any Revolving Extension Loan Joinder may provide for the issuance of Letters of Credit for the account of the Parent Borrower, or the provision to the Parent Borrower of Swing Line Loans, pursuant to any New Revolving Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Swing Line Loans under the Revolving Credit Commitments. In addition, if so provided in the relevant Revolving Extension Loan Joinder and with the consent of each L/C Issuer, participations in Letters of Credit expiring on or after the Revolving Maturity Date shall be re-allocated from Lenders holding Revolving Credit Commitments to Lenders holding extended Revolving Credit Commitments in accordance with the terms of such Revolving Extension Loan Joinder; provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding Revolving Credit Commitments, be deemed to be participation interests in respect of such Revolving Credit Commitments and the terms of such participation interests (including, without limitation, the commission applicable thereto) shall be adjusted accordingly.

Letters of Credit and Swing Line Loans. Any Revolving Extension Loan Joinder Agreement may provide for the issuance of Letters of Credit for the account of the Parent Borrower, or the provision to the Parent Borrower of Swing Line Loans, pursuant to any New extended Revolving Commitments of any Class established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Swing Line Loans under the Revolving Credit CommitmentsCommitments of such Class and with the consent of the L/C Issuer of such Class and/or the Swing Line Lender, as applicable. In addition, if so provided in the relevant Revolving Extension Loan Joinder Agreement and with the consent of each applicable L/C Issuer, participations in Letters of Credit of any Class expiring on or after the Revolving Maturity Date with respect to such Class shall be re-allocated from Lenders holding Revolving Credit Commitments of such Class to Lenders holding extended Revolving Credit Commitments of such Class in accordance with the terms of such Revolving Extension Loan JoinderAgreement; provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding Revolving Credit CommitmentsCommitments of such Class, be deemed to be participation interests in respect of such Revolving Credit Commitments and the terms of such participation interests (including, without limitation, the commission applicable thereto) shall be adjusted accordingly.

Letters of Credit and Swing Line Loans. Any Revolving Extension Loan Joinder may provide for the issuance of Letters of Credit for the account of the Parent BorrowerBorrowers, or the provision to the Parent Borrower Borrowers of Swing Line LoansLoans and Protective Advances, pursuant to any New Revolving new Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Credit, Swing Line Loans and Protective Advances under the Revolving Credit Commitments. In addition, if so provided in the relevant Revolving Extension Loan Joinder and with the consent of each L/C Issuer, participations in Letters of Credit expiring on or after the Revolving Maturity Date shall be re-allocated from Lenders holding Revolving Credit Commitments to Lenders holding extended Revolving Credit Commitments in accordance with the terms of such Revolving Extension Loan Joinder; provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding Revolving Credit Commitments, be deemed to be participation interests in respect of such Revolving Credit Commitments and the terms of such participation interests (including, without limitation, the commission applicable thereto) shall be adjusted accordingly.

Letters of Credit and Swing Line Loans. Any Revolving Extension Loan Joinder Agreement may provide for the issuance of Letters of Credit for the account of the Parent Borrower, or the provision to the Parent Borrower of Swing Line Loans, pursuant to any New extended Revolving Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Swing Line Loans under the Revolving Credit CommitmentsCommitments and with the consent of the L/C Issuer and/or Swing Line Lender, as applicable. In addition, if so provided in the relevant Revolving Extension Loan Joinder Agreement and with the consent of each L/C Issuer, participations in Letters of Credit expiring on or after the Revolving Maturity Date shall be re-allocated from Lenders holding Revolving Credit Commitments to Lenders holding extended Revolving Credit Commitments in accordance with the terms of such Revolving Extension Loan JoinderAgreement; provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding Revolving Credit Commitments, be deemed to be participation interests in respect of such Revolving Credit Commitments and the terms of such participation interests (including, without limitation, the commission applicable thereto) shall be adjusted accordingly.

Letters of Credit and Swing Line Loans. Any Revolving Extension Loan Joinder Agreement may provide for the issuance of Letters of Credit for the account of the Parent Borrower, or the provision to the Parent Borrower of Swing Line Loans, pursuant to any New extended Revolving Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Swing Line Loans under the Revolving Credit CommitmentsCommitments and with the consent of the L/C Issuer and/or the Swing Line Lender, as applicable. In addition, if so provided in the relevant Revolving Extension Loan Joinder Agreement and with the consent of each the L/C Issuer, participations in Letters of Credit expiring on or after the Revolving Maturity Date shall be re-allocated from Lenders holding Revolving Credit Commitments to Lenders holding extended Revolving Credit Commitments in accordance with the terms of such Revolving Extension Loan JoinderAgreement; provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding Revolving Credit Commitments, be deemed to be participation interests in respect of such Revolving Credit Commitments and the terms of such participation interests (including, without limitation, the commission applicable thereto) shall be adjusted accordingly.

Letters of Credit and Swing Line Loans. Any Revolving Extension Loan Joinder Agreement may provide for the issuance of Letters of Credit for the account of the Parent Borrower, or the provision to the Parent Borrower of Swing Line Loans, pursuant to any New extended Revolving Commitments of any Class established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Swing Line Loans under the Revolving Credit CommitmentsCommitments of such Class and with the consent of the L/C Issuer of such Class and/or the Swing Line Lender, as applicable. In addition, if so provided in the relevant Revolving Extension Loan Joinder Agreement and with the consent of each applicable L/C Issuer, participations in Letters of Credit of any Class expiring on or after the Revolving Maturity Date with respect to such Class shall be re-allocated from Lenders holding Revolving Credit Commitments of such Class to Lenders holding extended Revolving Credit Commitments of such Class in accordance with the terms of such Revolving Extension Loan JoinderAgreement; provided, however, that such participation interests 77 shall, upon receipt thereof by the relevant Lenders holding Revolving Credit CommitmentsCommitments of such Class, be deemed to be participation interests in respect of such Revolving Credit Commitments and the terms of such participation interests (including, without limitation, the commission applicable thereto) shall be adjusted accordingly.