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 Revolving Credit Lender is a Defaulting Lender, (i) intentionally omitted and (ii) 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 1 contract
New Letters of Credit. So long as any Revolving Credit Lender Bank is a Defaulting Lender, (i) intentionally omitted and (ii) no Issuing a Fronting 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 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. Section 2.21. [Reserved] Section 2.22.
Appears in 1 contract
Samples: Credit Agreement (Science Applications International Corp)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, (i) intentionally omitted and (ii) in each case after giving effect to Section 2.20(a)(iv), 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. SECTION 2.21. Increase in the Aggregate Commitments.
Appears in 1 contract
Samples: Credit Agreement (Dollar Tree, Inc.)
