Common use of Letter of Credit Accommodations Clause in Contracts

Letter of Credit Accommodations. (a) Subject to and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Loans to Borrower pursuant to this Section 2.

Appears in 5 contracts

Samples: Loan and Security Agreement (Swank Inc), Loan and Security Agreement (Converse Inc), Loan and Security Agreement (Poindexter J B & Co Inc)

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Letter of Credit Accommodations. (a) Subject to and upon the terms and conditions contained herein, at the request of a Borrower (or Waxman Industries on behalf of such Borrower), Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of such Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Loans to Borrower Borrowers pursuant to this Section 2.

Appears in 2 contracts

Samples: Loan and Security Agreement (Waxman Industries Inc), Loan and Security Agreement (Waxman Industries Inc)

Letter of Credit Accommodations. (a) Subject to and upon the terms and conditions contained herein, at the request of a Borrower, or Marketing on behalf of such Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of such Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Loans to such Borrower pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (JLM Industries Inc)

Letter of Credit Accommodations. (a) Subject to to, and upon the terms and conditions contained herein, at the request of BorrowerBorrowers (or xXXxX*s on behalf of Borrowers), Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower Borrowers containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Loans to Borrower Borrowers pursuant to this Section 2.

Appears in 1 contract

Samples: Credit Agreement (Delias Inc)

Letter of Credit Accommodations. (a) a Subject to and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Loans to Borrower pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Startec Global Communications Corp)

Letter of Credit Accommodations. (a1) Subject to to, and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with for any drawings or payments under the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower pursuant to this Section 2.

Appears in 1 contract

Samples: Loan Agreement (Geologistics Corp)

Letter of Credit Accommodations. (a) Subject to and upon the terms and conditions contained herein, at the request of a Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of such Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower Borrowers pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Play by Play Toys & Novelties Inc)

Letter of Credit Accommodations. (a) Subject to and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower pursuant to this Section 23.2.

Appears in 1 contract

Samples: Extension and Modification and Security Agreement (Nutritional Sourcing Corp)

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Letter of Credit Accommodations. (a) a Subject to and upon the terms and conditions contained herein, at the request of a Borrower, or Timet on behalf of Borrowers, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower Borrowers containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Loans to Borrower Borrowers pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Titanium Metals Corp)

Letter of Credit Accommodations. (a) Subject to and upon the terms and conditions contained herein, at the request of Borrower (or Quad Europe on behalf of Borrower), Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions reasonably acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Quad Systems Corp /De/)

Letter of Credit Accommodations. (a) Subject to to, and upon the terms and conditions contained herein, at the request of any Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of such Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with for any drawings or payments under the Letter of Credit Accommodations shall constitute additional Revolving Loans to such Borrower pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Geologistics Corp)

Letter of Credit Accommodations. (a) Subject to to, and upon the terms and conditions contained herein, at the request of any Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of such Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower Borrowers pursuant to this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Grossmans Inc)

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