Each Borrowing. The obligation of each Lender to make Loans, and of the Issuing Banks to issue, increase or extend Letters of Credit, as part of each Credit Event that increases any Revolving Credit Exposure or the Competitive Loan Exposure of any Lender is subject to the satisfaction or waiver of the following conditions (which conditions, insofar as they apply to any Competitive Loan, may be waived by the Lender that is to make such Competitive Loan):
Appears in 7 contracts
Samples: Five Year Credit Agreement (American Standard Companies Inc), Credit Agreement (American Standard Companies Inc), Assignment and Assumption (WABCO Holdings Inc.)
Each Borrowing. The obligation of each Lender to make Loans, and of the Issuing Banks to issue, increase or extend Letters of Credit, Loans as part of each Credit Event that increases any Revolving Credit Exposure or the Competitive Loan Exposure of any Lender is subject to the satisfaction or waiver of the following conditions (which conditions, insofar as they apply to any Competitive Loan, may be waived by the Lender that is to make such Competitive Loan):
Appears in 1 contract
Samples: Day Credit Agreement (American Standard Companies Inc)
Each Borrowing. The obligation of each Lender to make Loans, and of the Issuing Banks to issue, increase or extend Letters of Credit, as part of each Credit Event Borrowing that increases any Revolving Credit Exposure or the Competitive Loan Exposure of any Lender is subject to the satisfaction or waiver of the following conditions (which conditions, insofar as they apply to any Competitive Loan, may be waived by the Lender that is to make such Competitive Loan):
Appears in 1 contract
Samples: Day Credit Agreement (American Standard Companies Inc)
