Common use of Obligation to Issue Clause in Contracts

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 7 contracts

Samples: Loan Agreement (Myers Industries Inc), Loan Agreement (Diebold Inc), Loan Agreement (Myers Industries Inc)

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Obligation to Issue. Subject to the terms and conditions of this Agreement (including without limitation the terms of Section 2.15.2(e)) and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's ’s Lending Installations or Affiliates as the such Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Replacement Facilities Effective Date and ending five Business Days prior to the Facility Revolving Termination Date.

Appears in 5 contracts

Samples: Credit Agreement (DIEBOLD NIXDORF, Inc), Incremental Amendment (DIEBOLD NIXDORF, Inc), Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement (including without limitation the terms of Section 2.15.2(e)) and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the thesuch Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement (including without limitation the terms of Section 2.15.2(e)) and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the such Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's ’s Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

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Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein Borrower set forthforth herein, the Issuers Issuer hereby agree agrees to issue upon the request of and for the account of a Borrower the Borrower, through such of the Issuer's Lending Installations or Affiliates as the Issuer and the Borrower may determinemutually agree, one or more Facility Letters of Credit in accordance with this Section 2.152.17, from time to time during the period, period commencing on the Effective Date and ending five on the Business Days Day prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Interim Services Inc)

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