Common use of Stop Issuance Notice Clause in Contracts

Stop Issuance Notice. If the Majority Banks determine at any time that the conditions set forth in Section 4.02 would not be satisfied in respect of a Borrowing at such time, then the Majority Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 4.02 are satisfied; provided that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Banks determine at any time that the conditions set forth in Section 4.02 3.01 (b) would not be satisfied in respect of a Borrowing Loan at such time, then the Majority Banks may request that the Administrative Agent issue a “"Stop Issuance Notice”", and the Administrative Agent shall issue such notice to each Issuing Bankthe Swing Loan Bank and the Borrower. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit Swing Loan shall be issued made while a Stop Issuance Notice is in effect. The Majority Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 4.02 3.01 (b) are satisfied; provided that the Administrative Agent and the Issuing Banks Swing Loan Bank may and shall conclusively rely upon on any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Required Banks reasonably determine at any time that the conditions set forth in Section 4.02 3.03 would not be satisfied in respect of a Borrowing at such time, then the Majority Required Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall promptly issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Required Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Required Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 4.02 3.03 are satisfied; , provided that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Required Banks reasonably determine at any time that the conditions set forth in Section 4.02 ‎Section 3.02 would not be satisfied in respect of a Borrowing at such time, then the Majority Required Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall promptly issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Required Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Required Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 4.02 ‎Section 3.02 are satisfied; , provided that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Banks determine at any time that the conditions set forth in Section 4.02 would not be satisfied in respect of a Borrowing at such time, then the Majority Banks may request that the Administrative Agent issue a “Stop Issuance Notice”"STOP ISSUANCE NOTICE", and the Administrative Agent shall issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 4.02 are satisfied; provided PROVIDED that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Required Banks reasonably determine at any time that the conditions set forth in Section 4.02 3.02 would not be satisfied in respect of a Borrowing at such time, then the Majority Required Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall promptly issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Required Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Required Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 4.02 3.02 are satisfied; , provided that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Banks determine at any time that the conditions set forth in Section ‎Section 4.02 would not be satisfied in respect of a Borrowing at such time, then the Majority Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section ‎Section 4.02 are satisfied; provided that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Required Banks reasonably determine at any time that the conditions set forth in Section 4.02 3.02 would not be satisfied in respect of a Borrowing at such time, then the Majority Required Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to each Issuing Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Required Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued while a Stop Issuance Notice is in effect. The Majority Required Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 4.02 3.02 are satisfied; , provided that the Administrative Agent and the Issuing Banks may and shall conclusively rely upon any Stop Issuance Notice while it remains in effect.

Stop Issuance Notice. If the Majority Banks determine at any time that the conditions set forth in Section 4.02 3.01(B) would not be satisfied in respect of a Borrowing Loan at such time, then the Majority Banks may request that the Administrative Agent issue a “"Stop Issuance Notice”", and the Administrative Agent shall issue such 23 notice to each Issuing Bankthe Swing Loan Bank and Borrower. Such Stop Issuance Notice shall be withdrawn upon a determination by the Majority Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit Swing Loan shall be issued made while a Stop Issuance Notice is in effect. The Majority Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 4.02 3.01(B) are satisfied; provided that the Administrative Agent and the Issuing Banks Swing Loan Bank may and shall conclusively rely upon on any Stop Issuance Notice while it remains in effect.