New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C 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 50 contracts
Samples: Credit Agreement (FirstCash Holdings, Inc.), Credit Agreement (Shimmick Corp), Credit Agreement (Amplify Energy Corp.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer 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 24 contracts
Samples: Loan Agreement (RCM Technologies, Inc.), Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (LTC Properties Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C 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 22 contracts
Samples: Credit Agreement (BJs RESTAURANTS INC), Credit Agreement (Uber Technologies, Inc), Credit Agreement (Highwoods Realty LTD Partnership)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer 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 17 contracts
Samples: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Credit Agreement (BGC Group, Inc.), Credit Agreement (Newmark Group, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer 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 15 contracts
Samples: Revolving Credit Agreement (AGL Private Credit Income Fund), Revolving Credit Agreement (Lord Abbett Private Credit Fund), Revolving Credit Agreement (Oaktree Gardens OLP, LLC)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C 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 theretothereto (determined after giving effect to Section 2.15(a)(v) and any cash collateral provided by such Defaulting Lender).
Appears in 14 contracts
Samples: Credit Agreement (Element Solutions Inc), Credit Agreement (Acuren Corp), Credit Agreement (APi Group Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer 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 fronting exposure after giving effect thereto.
Appears in 6 contracts
Samples: Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.)
New Letters of Credit. So Notwithstanding anything in this Agreement to the contrary, so long as any Revolving Credit Lender is a Defaulting Lender, no L/C 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 5 contracts
Samples: Credit Agreement, Credit Agreement (Meredith Corp), Credit Agreement (Time Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer 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 4 contracts
Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no L/C Issuer 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 3 contracts
Samples: Abl Credit Agreement (MKS Instruments Inc), Abl Credit Agreement (MKS Instruments Inc), Abl Credit Agreement (MKS Instruments Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, Lender no L/C 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 in respect of Letters of Credit after giving effect thereto.
Appears in 3 contracts
Samples: Credit Agreement (DoubleVerify Holdings, Inc.), Amendment and Restatement Agreement (DoubleVerify Holdings, Inc.), Amendment and Restatement Agreement (DoubleVerify Holdings, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer shall not be required to issue, extend, increase, reinstate or renew or increase any Letter 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 (Boston Beer Co Inc), Credit Agreement (PJT Partners Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer 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.. CREDIT AGREEMENT – Page 50
Appears in 2 contracts
Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement (Gulfport Energy Corp), Restructuring Support Agreement (Gulfport Energy Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Letter of Credit Issuer 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 (Mirion Technologies, Inc.), Credit Agreement (Mirion Technologies, Inc.)
New Letters of Credit. So long as any Dollar Revolving Lender is a Defaulting Lender, no L/C 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 theretothereto (determined after giving effect to Section 2.15(a)(iv) and any cash collateral provided by such Defaulting Lender).
Appears in 2 contracts
Samples: Amendment No. 9 (Platform Specialty Products Corp), Credit Agreement (Platform Specialty Products Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C 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 2 contracts
Samples: Credit and Term Loan Agreement (Ares Real Estate Income Trust Inc.), Credit Agreement (Ares Real Estate Income Trust Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Letter of Credit Issuer 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.. Section 180. Letters of Credit
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer 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 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer 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 theretoto such issuance, extension, increase, reinstatement or renewal, as applicable.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, increase, reinstate or 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 L/C Issuer 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; it being understood that to the extent that either of the actions specified in clauses (a)(iv) or (a)(v) have been taken, the L/C Issuer will be deemed satisfied.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C 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.. III. TAXES, YIELD
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C LC Issuer 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 L/C 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 Letter of Credit Exposure after giving effect thereto.
Appears in 1 contract
Samples: Credit Agreement (Green Plains Renewable Energy, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, Lender no L/C 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 in respect of Letters of Credit after giving effect thereto..
Appears in 1 contract
New Letters of Credit. So Notwithstanding anything in this Agreement to the contrary, so long as any Lender is a Defaulting Lender, no L/C 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 1 contract
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C 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 1 contract
Samples: Credit Agreement (Donaldson Co Inc)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C 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 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer 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.
ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C 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.. ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
Appears in 1 contract
Samples: Credit Agreement (Wageworks, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C 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 1 contract
Samples: Credit Agreement (Auxilio Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, the no L/C Issuer 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.. ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY Section 3.01
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer 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.. TAXES, YIELD PROTECTION AND ILLEGALITY
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer 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 1 contract
