Common use of Loans and Letters of Credit Clause in Contracts

Loans and Letters of Credit. The obligation of the Lenders to make Loans to the Borrowers upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue any Letters of Credit hereunder (including the Initial Funding) is subject to the delivery of a Borrowing Notice and the further conditions precedent that, as of the date of such Loans and after giving effect thereto:

Appears in 3 contracts

Samples: Credit Agreement (NPC Restaurant Holdings, LLC), Franchise Agreement (NPC Operating Co B, Inc.), Credit Agreement (NPC Restaurant Holdings, LLC)

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Loans and Letters of Credit. The obligation of the Lenders to make Revolving Loans to each of the Borrowers upon the occasion of each borrowing Revolving Borrowing hereunder and to issue, renew, extend extend, increase or reissue any Letters of Credit hereunder (including and to accept and purchase Bankers’ Acceptances for the Initial Funding) account of the US Borrowers is subject to the delivery of a Borrowing Notice and the further conditions precedent that, as of the date of such Loans and after giving effect thereto:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Universal Compression Holdings Inc)

Loans and Letters of Credit. The obligation of the Lenders to make Loans to the Borrowers each Borrower upon the occasion of each borrowing Borrowing hereunder and to issue, renew, extend or reissue any Letters of Credit hereunder (including for the Initial Funding) account of the US Borrower is subject to the delivery of a Borrowing Notice and the further conditions precedent that, as of the date of such Loans and after giving effect thereto:

Appears in 1 contract

Samples: Revolving Credit Agreement (Universal Compression Inc)

Loans and Letters of Credit. The obligation of the Lenders to make Loans to the Borrowers Bor- rowers upon the occasion of each borrowing hereunder and to issue, renew, extend or reissue any Letters of Credit hereunder (including the Initial Funding) is subject to the delivery of a Borrowing Notice and the further conditions precedent that, as of the date of such Loans and after giving effect thereto:

Appears in 1 contract

Samples: Credit Agreement (NPC Restaurant Holdings, LLC)

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Loans and Letters of Credit. The obligation of the Lenders to make Loans to the Borrowers upon the occasion of each borrowing Borrowing hereunder and to issue, renew, extend extend, increase or reissue any Letters of Credit hereunder (including and to accept and purchase Bankers’ Acceptances for the Initial Funding) account of the US Borrower is subject to the delivery of a Borrowing Notice and the further conditions precedent that, as of the date of such Loans and after giving effect thereto:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Exterran Holdings Inc.)

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