Conditions Precedent to Issuance of the Letter of Credit Sample Clauses

Conditions Precedent to Issuance of the Letter of Credit. As conditions precedent to the obligation of the Bank to issue the Letter of Credit:
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Conditions Precedent to Issuance of the Letter of Credit. The obligation of the Bank to issue the Letter of Credit is subject to the conditions precedent that, unless otherwise agreed to by Bank, the Bank shall have received on or before the Date of Issuance the following, each dated such date, in form and substance satisfactory to the Bank:
Conditions Precedent to Issuance of the Letter of Credit. This Agreement shall become effective, and the Bank will issue the Letter of Credit, on the date the Bonds are issued and sold to the purchaser(s) thereof, provided that all of the following conditions are met:
Conditions Precedent to Issuance of the Letter of Credit. As conditions precedent to the obligation of the Bank to issue the Letter of Credit, the District shall provide to the Bank on the Effective Date, each in form and substance satisfactory to the Bank and Bank Counsel:
Conditions Precedent to Issuance of the Letter of Credit. The obligation of the Fronting Bank to issue the Letter of Credit is subject to the conditions precedent that (i) the Administrative Agent shall have received from the Company the amounts payable by the Company to the Administrative Agent upon the issuance of the Letter of Credit in accordance with Section 2.03, (ii) the Administrative Agent shall have received from the Company pursuant to Section 9.07 payment for the costs and expenses, including legal expenses for which an invoice has been submitted to the Company, of the Administrative Agent incurred and unpaid through such date and (iii) the Administrative Agent shall have received on or before the Date of Issuance the following, each dated such date, in form and substance satisfactory to the Administrative Agent and the Banks, with copies for each Bank:
Conditions Precedent to Issuance of the Letter of Credit. The obligation of the Bank to issue the Letter of Credit is subject to the conditions precedent that the Bonds are issued and sold to the purchaser(s) thereof and all of the following conditions are met:
Conditions Precedent to Issuance of the Letter of Credit. As conditions precedent to the obligation of the Bank to issue the Letter of Credit, the Authority shall provide to the Bank, and the Bank shall have received, on the Closing Date, each in form and substance satisfactory to the Bank and the Bank’s counsel, Xxxxxxx and Xxxxxx LLP (hereinafter, “Bank’s Counsel”):
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Conditions Precedent to Issuance of the Letter of Credit. The obligation of Lender to use commercially reasonable efforts to cause the Bank to issue one or more Letters of Credit is subject to the following conditions precedent:
Conditions Precedent to Issuance of the Letter of Credit. It is a condition precedent to the obligation of FUNB-NC to issue the Letter of Credit that the Credit Institution shall have received each of the following documents or other items in form and substance satisfactory to the Credit Institution, and, in the case of appraisals and environmental reports, insurance and similar certifications and the like, prepared by professionals satisfactory to the Credit Institution; or if any such item shall be waived by the Credit Institution as a condition to the issuance of the Letter of Credit, such item shall be furnished to the Credit Institution at or before the time set forth in such waiver:
Conditions Precedent to Issuance of the Letter of Credit. Except as may be waived by Bank in its discretion, the obligation of Bank to issue the Letter of Credit is subject to the condition precedent that Bank shall have received on or before the day of issuance of the Letter of Credit the following, in form and substance satisfactory to Bank: This Agreement; The Mortgage, together with the following: evidence that the Mortgage has been duly recorded in all filing or recording offices that Bank may deem necessary or desirable in order to create a valid Lien on the Mortgaged Property in favor of Bank and that all filing and recording taxes and fees have been paid,
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