Issuances and Extensions Sample Clauses

Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including Article IV), the applicable Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide each of the Lenders and the Borrower with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof.
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Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including Article VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly notify each of the Lenders of the issuance) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof.
Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including Article VI) and the terms of the Amendment Agreement (including Article III thereof), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor and, if applicable, the Enhancement Letter of Credit Application and Agreement relating thereto; provided, however, that the issuance of an Enhancement Letter of Credit (a "Replacement Enhancement Letter of Credit") to replace another outstanding Enhancement Letter of Credit (an "Outstanding Enhancement Letter of Credit") shall not require the satisfaction of the terms and conditions set forth in Section 6.2.1 so long as (a) the issuance of the Replacement Enhancement Letter of Credit is required under the Enhancement Letter of Credit Application and Agreement relating to the Outstanding Enhancement Letter of Credit, (b) the Replacement Letter of Credit has terms substantially identical to those of the Outstanding Enhancement Letter of Credit, and (c) the Outstanding Enhancement Letter of Credit is terminated contemporaneously with the issuance of the Replacement Enhancement Letter of Credit. The Issuer shall promptly confirm any such issuance or extension (including the date of such issuance or extension), as the case may be, to the Administrative Agent. The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request and the Enhancement Letter of Credit Application and Agreement, if applicable, therefor to the beneficiary thereof (and will promptly provide each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof.
Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including Article VI), the Issuer shall issue Revolving Credit Letters of Credit, and extend the Stated Expiry Dates of outstanding Revolving Credit Letters of Credit, in accordance with the Issuance Requests made therefor. Each Issuer will make available the original of each Revolving Credit Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide each of the Revolving Credit Lenders with a Revolving I Credit Commitment with a copy of such Revolving Credit Letter of Credit) and will notify the beneficiary under any Revolving Credit Letter of Credit of any extension of the Stated Expiry Date thereof.
Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including Article VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof (and will promptly provide the Agent and each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof. The Issuer is under no obligation to issue any Letter of Credit if:
Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including ARTICLE VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof. Upon the expiration of any Letter of Credit, the Borrower may re-use any portion of the Letter of Credit Availability for the issuance of new Letters of Credit prior to Commitment Termination Date. The Issuer is under no obligation to issue any Letter of Credit if:
Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including ARTICLE VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. Each Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof.
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Issuances and Extensions. Subject to the terms and conditions of this Agreement and of any applicable Continuing Letter of Credit Agreement (but in the event of any direct and clear conflict between this Agreement and the Continuing Letter of Credit Agreement, this Agreement shall control), the Issuer shall issue Letters of Credit in accordance with the Issuance Requests made therefore. The Issuer will make available to Borrower (or, at Borrower's request, the beneficiary) the original of each Letter of Credit which it issues in accordance with the Issuance Request therefore. The Issuer shall not be liable to any Lender with respect to any Letter of Credit if, at the time of such issuance, it has not received from Borrower, Agent or any Lender notice that any condition for the issuance of such Letter of Credit has not been satisfied.
Issuances and Extensions. On the terms and subject to the conditions of this Agreement (including Article VI), the applicable Issuer or Issuers shall issue Letters of Credit (and extend the Stated Expiry Dates of outstanding Letters of Credit) in accordance with the Issuance Requests made therefor pursuant to Section 4.2. Each Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request therefor to the beneficiary thereof, and will promptly provide each of the Lenders with a copy of such Letter of Credit (and will notify the beneficiary under any such Letter of Credit of any extension of the Stated Expiry Date thereof). Each Letter of Credit (as defined in the Existing Credit Facility) outstanding under the Existing Credit Facility on the Closing Date (each, an "Existing Letter of Credit") shall be deemed to have been issued hereunder on the Closing Date and, on and as of the Closing Date, each Issuer of each Existing Letter of Credit hereby releases each Lender (as defined in the Existing Credit Facility) from all obligations under the Existing Credit Facility in respect of any Existing Letter of Credit.
Issuances and Extensions. Subject to the terms and conditions of this Agreement, the Lender shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor. If the Issuance Request consists of, or is supplemented by, the Lender's standard letter of credit application form, the terms of such application shall apply with respect to such Letter of Credit, but only to the extent such terms are not inconsistent with the provisions hereof.
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