New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 48 contracts
Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.), Credit and Guaranty Agreement (Cheniere Energy, Inc.), Senior Secured Revolving Credit Agreement (Viper Energy Partners LP)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 43 contracts
Samples: Credit Agreement (NNN Reit, Inc.), Credit Agreement (Vitesse Energy, Inc.), Credit Agreement (Vitesse Energy, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Banks shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 35 contracts
Samples: Credit Agreement (Jazz Pharmaceuticals PLC), Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Jazz Pharmaceuticals PLC)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 35 contracts
Samples: Credit and Security Agreement (AvidXchange Holdings, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 33 contracts
Samples: Credit Agreement (Construction Partners, Inc.), Credit Agreement (Construction Partners, Inc.), Credit Agreement (Beazer Homes Usa Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 14 contracts
Samples: Credit Agreement (Ultra Petroleum Corp), Credit Agreement (Ultra Petroleum Corp), Credit Agreement (Ultra Petroleum Corp)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 11 contracts
Samples: Credit Agreement (Century Communities, Inc.), Credit Agreement (UDR, Inc.), Credit Agreement (American Homes 4 Rent, L.P.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 11 contracts
Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Fourth Amendment Agreement (TPG Partners, LLC)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting L/C Exposure after giving effect thereto.
Appears in 10 contracts
Samples: Revolving Credit Agreement (Carlyle Group Inc.), Revolving Credit Agreement (Carlyle Group Inc.), Second Amendment (KKR & Co. Inc.)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 10 contracts
Samples: Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting LC Exposure after giving effect thereto.
Appears in 9 contracts
Samples: Credit Agreement (Ring Energy, Inc.), Revolving Credit and Term Loan Agreement (Amneal Pharmaceuticals, Inc.), Revolving Credit and Term Loan Agreement (Amneal Pharmaceuticals, Inc.)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 9 contracts
Samples: Fifth Amendment to Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp), Fourth Amendment (Science Applications International Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Letter of Credit Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 8 contracts
Samples: Credit Agreement (Altus Power, Inc.), Credit Agreement (WideOpenWest, Inc.), Credit Agreement (WideOpenWest Finance, LLC)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 8 contracts
Samples: Amendment No. 4 (RXO, Inc.), Credit Agreement (GXO Logistics, Inc.), Credit Agreement (GXO Logistics, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Banks shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure with respect to such Defaulting Lender after giving effect thereto.
Appears in 7 contracts
Samples: Abl Credit Agreement (Claire's Holdings LLC), Abl Credit Agreement (Claire's Holdings LLC), Senior Secured Priming and Superpriority Debtor in Possession Credit Agreement (Claires Stores Inc)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew extend or increase amend any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 7 contracts
Samples: First Lien Credit Agreement (Mister Car Wash, Inc.), Credit Agreement (Ironwood Pharmaceuticals Inc), Credit Agreement (Hornbeck Offshore Services Inc /La)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto.
Appears in 6 contracts
Samples: Credit Agreement (Ribbon Communications Inc.), Credit Agreement (Enfusion, Inc.), Credit Agreement (Gerson Lehrman Group, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Letter of Credit Exposure after giving effect thereto.
Appears in 5 contracts
Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Horton D R Inc /De/), Credit Agreement (Horton D R Inc /De/)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Letter of Credit Issuer shall be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.), Revolving Credit Agreement (Lafayette Square USA, Inc.), Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, amend, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 5 contracts
Samples: Borrower Assignment and Assumption Agreement (BrightSphere Investment Group Inc.), Revolving Credit Agreement (BrightSphere Investment Group Inc.), Revolving Credit Agreement (BrightSphere Investment Group Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 5 contracts
Samples: Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 4 contracts
Samples: Credit Agreement (Essential Properties Realty Trust, Inc.), Credit Agreement (Essential Properties Realty Trust, Inc.), Credit Agreement (Essential Properties Realty Trust, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew extend or increase any Letter of Credit unless it is satisfied that it will have no Fronting Letter of Credit Exposure after giving effect thereto.
Appears in 4 contracts
Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Forestar Group Inc.), Credit Agreement (Horton D R Inc /De/)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no each Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 4 contracts
Samples: Credit Agreement (Service Properties Trust), Credit Agreement (Equity Lifestyle Properties Inc), Credit Agreement (Equity Lifestyle Properties Inc)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Defaulting Lender Fronting Exposure after giving effect thereto.
Appears in 4 contracts
Samples: Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 3 contracts
Samples: Credit Agreement (Grizzly Energy, LLC), Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Vanguard Natural Resources, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 3 contracts
Samples: 5 Year Revolving Credit Agreement (Diamond Offshore Drilling, Inc.), Credit Agreement (Diamond Offshore Drilling Inc), 5 Year Revolving Credit Agreement (Diamond Offshore Drilling Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Lender the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 3 contracts
Samples: Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Credit Agreement (CorEnergy Infrastructure Trust, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure unreallocated portion after giving effect thereto.
Appears in 3 contracts
Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no the Issuing Bank Banks shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 3 contracts
Samples: First Lien Credit Agreement (Pennsylvania Real Estate Investment Trust), First Lien Credit Agreement (Pennsylvania Real Estate Investment Trust), First Lien Credit Agreement (Pennsylvania Real Estate Investment Trust)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew renew, increase or increase reinstate any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Oil & Gas Investments, LLC)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Landsea Homes Corp), Credit Agreement (Landsea Homes Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure immediately after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Verint Systems Inc), Credit Agreement (Verint Systems Inc)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Chrysler Group LLC), Credit Agreement (Chrysler Group LLC)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Fronting Bank shall be required to issue, extend, increase, reinstate or renew or increase any Fronted Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Enstar Group LTD), Revolving Credit Agreement
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, (i) intentionally omitted and (ii) no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust)
New Letters of Credit. So long as any Lender is a Defaulting Lender, Lender no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Becton Dickinson & Co), Credit Agreement (Becton Dickinson & Co)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew extend or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto..
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure (after giving effect to any reallocations in accordance with subsection (f) of this Section 3.9 and Cash Collateral provided by the Borrower and any Defaulting Lenders at such time) after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank the Letter of Credit Issuers shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure with respect to such Defaulting Lender after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
Samples: Asset Based Revolving Credit Agreement (Roundy's, Inc.)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure, or all Fronting Exposure has been Cash Collateralized by the Borrower, after giving effect thereto.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Spirit Realty, L.P.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Banks shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure with respect to such Defaulting Lender after giving effect thereto.. Table of Contents
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will shall have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto..
Appears in 1 contract
Samples: Credit Agreement (Enfusion, Inc.)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no the applicable Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So Without limiting any other rights of the Issuing Bank not to extend such credit hereunder, so long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
Samples: Credit Agreement (New Enterprise Stone & Lime Co., Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect theretothereto (taking into account Section 5.14(a)(iv)).
Appears in 1 contract
Samples: Credit Agreement (Wingstop Inc.)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, amend, increase or renew or increase any Letter of Credit Credit, unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.; and
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the Issuing Bank Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto..
Appears in 1 contract
Samples: Credit Agreement (Enfusion, Inc.)
New Letters of Credit. So long as any Dollar Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect theretothereto (determined after giving effect to Section 2.15(a)(iv) and any cash collateral provided by such Defaulting Lender).
Appears in 1 contract
Samples: Credit Agreement (Platform Specialty Products Corp)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no the Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.. - 50 -
Appears in 1 contract
Samples: Credit Agreement (LGI Homes, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.renew
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no Issuing Bank Lender shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no the related Fronting Exposure after giving effect theretoand any other Fronting Exposure of such Issuing Lender with respect to such Defaulting Lender will be fully covered by the Commitments of Non-Defaulting Lenders which are Multicurrency Lenders or by Cash Collateral provided in accordance with the terms hereof.
Appears in 1 contract
Samples: Credit Agreement (NYSE Euronext)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, extend, renew or increase any Revolving Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect theretotherto.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no each Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is they are satisfied that it they will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
Samples: Credit Agreement (Elme Communities)
