Common use of Obligation to Issue Clause in Contracts

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof and ending on the Business Day prior to the Termination Date.

Appears in 5 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Finishmaster Inc), Credit Agreement (Finishmaster Inc)

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Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, representations and warranties and covenants of the Borrower herein set forth, each the Issuing Bank hereby agrees to issue for the account of either of the Borrower through such Issuing Bank's branches as it and entities comprising the Borrower may jointly agreeBorrower, one or more Facility Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, period commencing on the date hereof Agreement Effective Date and ending on the a date one Business Day prior to the Termination Maturity Date.

Appears in 4 contracts

Samples: Unsecured Revolving Credit Agreement (Equity Inns Inc), Secured Revolving Credit Agreement (Equity Inns Inc), Credit Agreement (Equity Inns Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower Borrowers herein set forth, each the Issuing Bank hereby agrees to issue for the account of the Borrower Borrowers through such the Issuing Bank's branches as it and the Borrower Borrowers may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof and ending on the Business Day prior to the Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, representations and warranties and covenants of the Borrower herein set forth, each the Issuing Bank hereby agrees to issue for the account of either of the Borrower through such Issuing Bank's branches as it and entities comprising the Borrower may jointly agreeBorrower, one or more Facility Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, period commencing on the date hereof Agreement Execution Date and ending on the a date one Business Day prior to the Termination Maturity Date.

Appears in 2 contracts

Samples: Assignment Agreement (Equity Inns Inc), Assignment Agreement (Equity Inns Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's ’s branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article IIIIV, from time to time during the period, period commencing on the date hereof and ending on the no later than five (5) Business Day Days prior to the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Baxter International Inc), Credit Agreement (Baxter International Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement Agreement, in reliance upon the representations and warranties of Borrower herein set forth and in reliance upon the representations, warranties and covenants agreements of the Borrower herein other Lenders set forthforth in this Article III, each the Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, period commencing on the date hereof Agreement Execution Date and ending on the a date one Business Day prior to the Termination Maturity Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (LNR Property Corp)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each the Issuing Bank hereby agrees to issue for the account of the Borrower through such the Issuing Bank's branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, period commencing on the date hereof and ending on the Business Day six (6) Business Days prior to the Termination Date.

Appears in 1 contract

Samples: Pledge Agreement (CTS Corp)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby severally agrees to issue for the account of the Borrower through such Issuing Bank's ’s branches as it and the Borrower may jointly agree, one (1) or more Letters of Credit denominated in Dollars in accordance with this Article IIIIV, from time to time during the period, period commencing on the date hereof and ending on the no later than five (5) Business Day Days prior to the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Baxalta Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof and ending on the fifth Business Day prior to the Revolving Loan Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Printpack Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof and ending on the Business Day prior to the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Printpack Inc)

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Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, representations and warranties and covenants of the Borrower herein set forth, each the Issuing Bank hereby agrees to issue for the account of the Borrower through such of the Issuing Bank's branches as it and the Borrower may jointly agree, one or more Facility Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof Effective Date and ending on the Business Day prior to the Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (Administaff Inc \De\)

Obligation to Issue. Subject to the terms and conditions of ------------------- this Agreement and in reliance upon the representations, representations and warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby agrees to issue for the account of the Borrower through such of the Issuing Bank's branches as it and the Borrower may jointly mutually agree, one or more Facility Letters of Credit denominated in Dollars in accordance with this Article IIIIV, from time to time during the period, commencing ---------- on the date hereof and ending on the Business Day prior to the Facility Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (Money Store Inc /Nj)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article ARTICLE III, from time to time during the period, commencing on the date hereof and ending on the Business Day prior to the Termination Conversion Date.

Appears in 1 contract

Samples: Credit Agreement (Homeusa Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement Agreement, and in reliance upon the representations, representations and warranties and covenants of the Borrower herein set forth, each the Issuing Bank hereby agrees to shall issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agreeor any Loan Party, one or more Letters of Credit denominated in Dollars Dollars, in accordance with this Article III, from time to time during the period, period commencing on the date hereof Effective Date and ending on the Domestic Business Day prior to the Termination Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Cadmus Communications Corp/New)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein set forth, each the Issuing Bank hereby agrees to issue for the account of the Borrower through such Issuing Bank's branches as it and the Borrower may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof and ending on the Business Day prior to the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Haynes International Inc)

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