Types and Amounts. The Issuing Bank shall not have any obligation to: (i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank; (ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,000; (iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision to extend such date, to a date which is after the Business Day immediately preceding the Maturity Date; or (iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 5 contracts
Samples: Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc), Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc), Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue or Modify any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit or Modification requested hereunder, hereunder shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue or Modify any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00040,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve fifteen (1215) months after the date of its issuance.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Duke Realty Limited Partnership/), Revolving Credit Agreement (Duke Realty Corp), Revolving Credit Agreement (Duke Realty Corp)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such the Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such the Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount Total Revolving Exposure would exceed the then current Aggregate Revolving Commitment, or (2) the Facility Letter of Credit Obligations LC Exposure would exceed $30,000,00050,000,000;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date to a date, to a date which is after the thirtieth (30th) Business Day immediately preceding the Maturity Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date to a date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 2 contracts
Samples: Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc), Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount Total Domestic Exposure plus the amount of all outstanding Competitive Bid Loans would exceed the then current Aggregate Commitmentaggregate Domestic Revolving Commitments, or (2) the Facility Letter of Credit Obligations LC Exposure would exceed $30,000,00050,000,000;
(iii) issue any Alternative Currency Letter of Credit if it has determined that it is unlawful to fund obligations in the Alternative Currency in which it is denominated;
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision to extend such date, to a date which is after the Business Day immediately preceding the Maturity Date; or
(ivv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 2 contracts
Samples: Unsecured Revolving Credit and Term Loan Agreement (First Industrial Realty Trust Inc), Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00020,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after later than five (5) Business Days prior to the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 2 contracts
Samples: Credit Agreement (Developers Diversified Realty Corp), Credit Agreement (Developers Diversified Realty Corp)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00010,000,000;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision to extend such date, to a date which is after the fifth (5th) Business Day immediately preceding the scheduled Maturity Date; or
or (iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Samples: Unsecured Revolving Credit Agreement (Bradley Real Estate Inc)
Types and Amounts. The Issuing Bank shall not have any obligation to:: -----------------
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00010,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after the Business Day immediately preceding the Maturity Revolving Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve fifteen (1215) months after the date of its issuance.
Appears in 1 contract
Types and Amounts. The Issuing Bank shall not have any obligation to:: -----------------
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit ifi, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,000$ 10,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve fifteen (1215) months after the date of its issuance.
Appears in 1 contract
Samples: Revolving Credit Agreement (National Golf Properties Inc)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00075,000,000;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic an extension provision to extend such date, to a date which is after the Business Day immediately preceding the Maturity Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic an extension provisions provision to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00050,000,000;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision to extend such date, to a date which is after the Business Day immediately preceding the Maturity Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Samples: Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00020,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Samples: Credit Agreement (Developers Diversified Realty Corp)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00015,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve fifteen (1215) months after the date of its issuance.
Appears in 1 contract
Samples: Revolving Credit Agreement (Duke Weeks Realty Limited Partnership)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00050,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after later than five (5) Business Days prior to the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Samples: Credit Agreement (Developers Diversified Realty Corp)
Types and Amounts. The Issuing Bank shall not have any obligation to:to (and without the prior approval of all of the Lenders, shall not):
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00010,000,000;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision to extend such date, to a date which is after the Business Day immediately preceding the Maturity Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is after the Business Day immediately preceding the scheduled Maturity Date; or
(iv) issue any Facility Letter of Credit having an expiration date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Samples: Unsecured Revolving Credit Agreement (Great Lakes Reit)
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue or Modify any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit or Modification requested hereunder, hereunder shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue or Modify any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,00080,000,000 or the Allocated Facility Amount would exceed the Aggregate Commitment;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve fifteen (1215) months after the date of its issuance.
Appears in 1 contract
Types and Amounts. The Issuing Bank shall not have any obligation to:
(i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank;
(ii) issue any Facility Letter of Credit if, after giving effect thereto, either (1) the then applicable Facility of Credit Obligations would exceed $20,000,000 or the Allocated Facility Amount would exceed the then current Aggregate Commitment, or (2) the Facility Letter of Credit Obligations would exceed $30,000,000;
(iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provision provisions to extend such date, to a date which is after later than five (5) Business Days prior to the Business Day immediately preceding the Maturity Facility Termination Date; or
(iv) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date which is more than twelve (12) months after the date of its issuance.
Appears in 1 contract
Samples: Credit Agreement (Developers Diversified Realty Corp)