Common use of Letter of Credit Facility Clause in Contracts

Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower for the account of the Borrower from time to time during the period commencing on the date hereof and ending on December 20, 2000 (or if earlier on the Termination Date); PROVIDED, HOWEVER, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 2 contracts

Samples: Credit Agreement (Elder Beerman Stores Corp), Credit Agreement (Elder Beerman Stores Corp)

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Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower for the account of the Borrower from time to time during the period commencing on the date hereof and ending on December 20, 2000 (or if earlier on the Termination Date); PROVIDEDprovided, HOWEVERhowever, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 2 contracts

Samples: Credit Agreement (WHX Corp), Credit Agreement (WHX Corp)

Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower Company for the account of the Borrower Company or one or more Borrowers from time to time during the period commencing on the date hereof and ending on December 20, 2000 (or if earlier on seven calendar days prior to the Termination Date); PROVIDEDprovided, HOWEVERhowever, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Credit Agreement (Nine West Group Inc /De)

Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower for the account of the Borrower from time to time during the period commencing on the date hereof and ending on December 20April __, 2000 2003 (or or, if earlier earlier, on the Termination Date); PROVIDED, HOWEVER, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Credit Agreement (Elder Beerman Stores Corp)

Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the any Borrower for the account of the Borrower Borrowers from time to time during the period commencing on the date hereof and ending on December 20, 2000 (or if earlier on the Termination Date); PROVIDEDprovided, HOWEVERhowever, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Possession Credit Agreement (WHX Corp)

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Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower for the account of the Borrower from time to time during the period commencing on the date hereof and ending on December 20July 9, 2000 2005 (or or, if earlier earlier, on the Termination Date); PROVIDED, HOWEVER, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Credit Agreement (Elder Beerman Stores Corp)

Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower for the account of the Borrower Borrower, up to an aggregate face amount at any one time outstanding equal to the applicable Letter of Credit Sublimit, from time to time during the period commencing on the date hereof and ending on December 20, 2000 (or if earlier on the Business day prior to the Termination Date); PROVIDEDprovided, HOWEVERhowever, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Credit Agreement (Intergraph Corp)

Letter of Credit Facility. (a) On the terms and subject to the conditions contained in this Agreement, each Issuer agrees to issue one or more Letters of Credit at the request of the Borrower for the account of the Borrower from time to time during the period commencing on the date hereof and ending on December 20, 2000 (or if earlier on the Termination Date); PROVIDED, HOWEVER, that no Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Credit Agreement (Wheeling Pittsburgh Corp /De/)

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