Common use of Conditions to Letters of Credit Clause in Contracts

Conditions to Letters of Credit. The obligation of any Issuing Lender to issue or extend any Letter of Credit hereunder is subject to prior or concurrent satisfaction of all of the following conditions:

Appears in 6 contracts

Samples: Possession Credit Agreement (Wherehouse Entertainment Inc), Credit Agreement (Nu Kote Holding Inc /De/), Credit Agreement (Borg Warner Security Corp)

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Conditions to Letters of Credit. The obligation of any the Issuing Lender to issue or extend any Letter of Credit hereunder as provided herein is subject to prior or concurrent the satisfaction of all by Borrower of the following conditionsconditions and requirements:

Appears in 4 contracts

Samples: Credit Agreement (Amresco Inc), Loan Agreement (Amresco Inc), Credit Agreement (Amresco Inc)

Conditions to Letters of Credit. The obligation of any the Issuing Lender to issue or extend any Letter of Credit hereunder as provided herein is subject to prior or concurrent the satisfaction of all by Borrowers of the following conditionsconditions and requirements:

Appears in 2 contracts

Samples: Revolving Loan Agreement (Amresco Inc), Loan Agreement (Amresco Inc)

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Conditions to Letters of Credit. The obligation of any Issuing Lender Bank to issue or extend any Letter of Credit hereunder and each Lender to participate therein is subject to the prior or concurrent satisfaction of all of the following conditions:

Appears in 1 contract

Samples: Loan and Security Agreement (Cunningham Graphics International Inc)

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