Conditions Precedent to All Credit Events. The obligation of each Lender to make any Revolving Credit Loan requested to be made by it on any date (including its initial Revolving Credit Loans) and the obligation of each Letter of Credit Issuer to issue, extend or increase Letters of Credit on any date is subject to the satisfaction of the following conditions precedent:
Appears in 14 contracts
Samples: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)
Conditions Precedent to All Credit Events. The obligation of each Lender to make any Revolving Credit Loan or Swingline Loan requested to be made by it on any date (including its initial Revolving Credit Loans) and the obligation of each Letter of Credit Issuer to issue, extend or increase Letters of Credit on any date is subject to the satisfaction of the following conditions precedent:
Appears in 5 contracts
Samples: Amendment and Restatement Agreement (ITC Holdings Corp.), Amendment and Restatement Agreement (ITC Holdings Corp.), Amendment and Restatement Agreement (ITC Holdings Corp.)
Conditions Precedent to All Credit Events. The obligation of each Lender to make any Revolving Credit Loan requested to be made by it on any date Loans (including its initial Revolving Credit Loans) Loans made on the Effective Date), and the obligation of each any Issuing Bank to issue any Letter of Credit, is subject, at the time of each such Credit Issuer to issueEvent (except as hereinafter indicated), extend or increase Letters of Credit on any date is subject to the satisfaction of the following conditions precedentconditions:
Appears in 4 contracts
Samples: Credit Agreement (Host Marriott Corp/), Credit Agreement (Host Marriott L P), Management Agreement (Host Hotels & Resorts, Inc.)
Conditions Precedent to All Credit Events. The obligation agreement of each Lender to make any Revolving Credit Loan requested to be made by it on any date (including its initial Revolving Credit Loans) and the obligation of each Letter of Credit Issuer to issue, extend or increase Letters of Credit on any date is subject to the satisfaction of the following conditions precedent:
Appears in 2 contracts
Samples: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)
Conditions Precedent to All Credit Events. The obligation of each Lender to make any Revolving Credit Loan or Swingline Loan requested to be made by it by any Borrower on any date (including its initial Revolving Credit Loans) and the obligation of each Letter of Credit Issuer to issue, extend or increase Letters of Credit for the account of any Borrower on any date is subject to the satisfaction of the following conditions precedent:
Appears in 1 contract
Conditions Precedent to All Credit Events. The obligation agreement of each Lender to make any Revolving Credit Loan to either Borrower requested to be made by it on any date (including its initial Revolving Credit Loans) and the obligation of each Letter of Credit Issuer to issue, extend or increase Letters of Credit for account of either Borrower on any date is subject to the satisfaction of the following conditions precedentprecedent with respect to such Borrower:
Appears in 1 contract
