For Further Credit to Sample Clauses

For Further Credit to. Trust Acct. No. C29458, The Chase Manhattan Bank, as Collateral Agent, Tenaska Georgia -Revenue Fund. Attention: X. Xxxxxxx Exhibit B to CONSENT AND AGREEMENT APPROVALS None Exhibit C to CONSENT AND AGREEMENT FORM OF OPINION OF COUNSEL November ____, 1999 Xxxxxxx, Sachs & Co. The Toronto-Dominion Bank 00 Xxxxx Xxxxxx 00 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxx Xxxx, Xxx Xxxx 00000 Credit Lyonnais Tenaska Georgia Partners, L.P. 1301 Avenue of the Americas 0000 Xxxxx 000xx Xxxxxx 20th Floor Suite 400 New York, New York 10019 Xxxxx, Xxxxxxxx 00000-0000 TD Securities (USA) Inc. The Chase Manhattan Bank 00 Xxxx 00xx Xxxxxx Xxxxxxx Xxxxxxx Xxxxxxxxx Services Xxx Xxxx, Xxx Xxxx 00000 International & Project Finance Service Delivery 000 Xxxx 00xx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Re: Natural Gas-Fired Electric Generating Facility Located in Heard County, Georgia (the "Project") Ladies and Gentlemen: In connection with the generation facility to be constructed in Heard County, in the State of Georgia we have acted as counsel to Tenaska Operations, Inc., a Delaware corporation. This opinion is being provided to you pursuant to the Agreement as to Certain Understandings, Common Representations, Warranties, Covenants and Other Terms dated as of November 1, 1999 (the "Common Agreement") by and among Tenaska Georgia Partners, L.P., The Chase Manhattan Bank, as Trustee, the Toronto-Dominion Bank as DSR LOC Agent, The Toronto-Dominion Bank, as PPA LOC Agent and The Chase Manhattan Bank, as Collateral Agent. Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Common Agreement. In connection with this opinion, we have examined copies, certified or otherwise identified to our satisfaction, of the documents, i.e., the Operations and Maintenance Agreement and the Consent and Agreement of Tenaska Operations, Inc. executed on September 10, 1999 by and between Tenaska Operations, Inc. and Tenaska Georgia Partners, L.P. and Amendment to Operations and Maintenance Agreement executed on October 26, 1999 by and between Tenaska Georgia Partners, L.P. and Tenaska Operations, Inc., and the Second Amendment to Operations and Maintenance Agreement executed on November ____, 1999 by and between Tenaska Georgia Partners, L.P. and Tenaska Operations, Inc. (the "Documents"). In addition, we have examined and are familiar with originals or copies, certified or otherwise identified to our satisfaction, of authorizing resolutions...
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For Further Credit to. Trust Acct. No. C29458, The Chase Manhattan Bank, as Collateral Agent, Tenaska Georgia - Revenue Fund. Attention: X.
For Further Credit to. The Borrower hereby represents and warrants that no Event of Default has occurred and is continuing under the Loan Agreement. Very truly yours,

Related to For Further Credit to

  • Other Creditors The Credit Parties shall provide to the Administrative Agent promptly after the giving or receipt thereof, copies of any material default notices given or received by the Borrower or by any of its Subsidiaries pursuant to the terms of any indenture, loan agreement, credit agreement, or similar agreement evidencing Debt in an amount in excess of $2,000,000.

  • Other Credit Documents (i) Any Credit Party shall default in the due performance or observance of any term, covenant or agreement in any of the other Credit Documents and such default shall continue unremedied for a period of at least 30 days after the earlier of a Borrower becoming aware of such default or notice thereof given by the Administrative Agent or (ii) any Credit Document (or any provision of any Credit Document) shall fail to be in full force and effect or any Borrower or any of its Subsidiaries shall so assert or any Credit Document shall fail to give the Administrative Agent and/or the Lenders the security interests, liens, rights, powers and privileges purported to be created thereby.

  • Lender Credit Decision Each Lender acknowledges that it has, independently and without reliance upon the Agent or any other Lender and based on the financial statements referred to in Section 4.01 and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement.

  • Reference to and Effect on the Credit Agreement and the Other Credit Documents (i) On and after the First Amendment Effective Date, each reference in the Credit Agreement to “this Amendment”, “hereunder”, “hereof”, “herein” or words of like import referring to the Credit Agreement, and each reference in the other Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Amendment.

  • Lender Credit Decision, Etc Each of the Lenders and the Issuing Bank expressly acknowledges and agrees that neither the Administrative Agent nor any of its Related Parties has made any representations or warranties to the Issuing Bank or such Lender and that no act by the Administrative Agent hereafter taken, including any review of the affairs of the Borrower, any other Loan Party or any other Subsidiary or Affiliate, shall be deemed to constitute any such representation or warranty by the Administrative Agent to the Issuing Bank or any Lender. Each of the Lenders and the Issuing Bank acknowledges that it has made its own credit and legal analysis and decision to enter into this Agreement and the transactions contemplated hereby, independently and without reliance upon the Administrative Agent, any other Lender or counsel to the Administrative Agent, or any of their respective Related Parties, and based on the financial statements of the Borrower, the other Loan Parties, the other Subsidiaries and other Affiliates, and inquiries of such Persons, its independent due diligence of the business and affairs of the Borrower, the other Loan Parties, the other Subsidiaries and other Persons, its review of the Loan Documents, the legal opinions required to be delivered to it hereunder, the advice of its own counsel and such other documents and information as it has deemed appropriate. Each of the Lenders and the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, any other Lender or counsel to the Administrative Agent or any of their respective Related Parties, and based on such review, advice, documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action under the Loan Documents. The Administrative Agent shall not be required to keep itself informed as to the performance or observance by the Borrower or any other Loan Party of the Loan Documents or any other document referred to or provided for therein or to inspect the properties or books of, or make any other investigation of, the Borrower, any other Loan Party or any other Subsidiary. Except for notices, reports and other documents and information expressly required to be furnished to the Lenders and the Issuing Bank by the Administrative Agent under this Agreement or any of the other Loan Documents, the Administrative Agent shall have no duty or responsibility to provide any Lender or the Issuing Bank with any credit or other information concerning the business, operations, property, financial and other condition or creditworthiness of the Borrower, any other Loan Party or any other Affiliate thereof which may come into possession of the Administrative Agent or any of its Related Parties. Each of the Lenders and the Issuing Bank acknowledges that the Administrative Agent’s legal counsel in connection with the transactions contemplated by this Agreement is only acting as counsel to the Administrative Agent and is not acting as counsel to any Lender or the Issuing Bank.

  • Amount and Terms of Revolving Credit Commitments 3.1 Revolving Credit Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to the extent of its Revolving Credit Commitment to extend credit to the Company from time to time on any Borrowing Date during the Revolving Credit Commitment Period (i) by purchasing an L/C Participating Interest in each Letter of Credit issued by the Issuing Lender and (ii) by making loans in Dollars (individually, such a Loan is a "Revolving Credit Loan", and collectively such Loans are the "Revolving Credit Loans") to the Company from time to time. Notwithstanding the above, in no event shall any Revolving Credit Loans be made, or Letter of Credit be issued, if the aggregate amount of the Revolving Credit Loans to be made or Letter of Credit to be issued would, after giving effect to the use of proceeds, if any, thereof, exceed the aggregate Available Revolving Credit Commitments nor shall any Letter of Credit be issued if after giving effect thereto the sum of the undrawn amount of all outstanding Letters of Credit and the amount of all L/C Obligations would exceed $10,000,000. During the Revolving Credit Commitment Period, the Company may use the Revolving Credit Commitments by borrowing, prepaying the Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof, and/or by having the Issuing Lender issue Letters of Credit, having such Letters of Credit expire undrawn upon or if drawn upon, reimbursing the Issuing Lender for such drawing, and having the Issuing Lender issue new Letters of Credit.

  • Amount and Terms of Revolving Commitments 2.1 [Reserved].

  • Purpose of Loans and Letters of Credit The Borrower will use the Letters of Credit and the proceeds of the Loans to (a) provide for working capital, capital expenditures and general corporate purposes of the Credit Parties and their Subsidiaries (including, without limitation, Permitted Acquisitions), (b) on the Closing Date to refinance the Existing Credit Agreement, and (c) pay fees and expenses relating to any of the foregoing.

  • AMOUNTS AND TERMS OF THE ADVANCES AND THE LETTERS OF CREDIT SECTION 2.01. The Advances and the Letters of Credit. (a)

  • Amounts and Terms of the Advances and Letters of Credit Section 2.01 The Revolving Advances and Letters of Credit.

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