Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.
Appears in 7 contracts
Samples: Revolving Credit Agreement (Stratus Technologies International Sarl), Credit Agreement (Atlantic Broadband Finance, LLC), Credit Agreement (Jostens Inc)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 6 contracts
Samples: Credit Agreement (Moore Corporation LTD), Credit Agreement (Us Unwired Inc), Credit Agreement (Falcon Building Products Inc)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) Letter of Credit opened by the Issuing Lender as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Application, an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.
Appears in 6 contracts
Samples: Credit Agreement (Cumulus Media Inc), First Lien Credit Agreement (Cumulus Media Inc), Credit Agreement (Citadel Broadcasting Corp)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Credit, an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.
Appears in 5 contracts
Samples: Credit Agreement (LL Services Inc.), Credit Agreement (Language Line Costa Rica, LLC), Credit Agreement (Language Line Holdings, Inc.)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Application, an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 3 contracts
Samples: Credit Agreement (CSK Auto Corp), Credit Agreement (Kragen Auto Supply Co), Credit Agreement (CSK Auto Corp)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) Letter of Credit as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.
Appears in 3 contracts
Samples: Credit Agreement (Atlantic Broadband Finance, LLC), Credit Agreement (Clearwater Analytics Holdings, Inc.), Credit Agreement (Atlantic Broadband Finance, LLC)
Participating Interests. Effective in the case of each Standby ----------------------- L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 2 contracts
Samples: Credit Agreement (Sailors Inc), Credit Agreement (Harborside Healthcare Corp)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Credit, an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 2 contracts
Samples: Credit Agreement (Werner Holding Co Inc /Pa/), Credit Agreement (Werner Holding Co Inc /Pa/)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening open- ing thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage. 3.7.
Appears in 2 contracts
Samples: Credit Agreement (Hollywood Entertainment Corp), Credit Agreement (Hollywood Entertainment Corp)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Application, an L/C Participating Interest in a percentage equal to such Lender’s Total Revolving Credit Commitment Percentage or Total Additional Revolving Commitment Percentage, as applicable.
Appears in 1 contract
Samples: Credit Agreement (CSK Auto Corp)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Application, an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 1 contract
Samples: Credit Agreement (CSK Auto Corp)
Participating Interests. Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable)Application, an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.
Appears in 1 contract
Samples: Credit Agreement (CSK Auto Corp)
Participating Interests. Effective in the case of each Standby ----------------------- L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 1 contract
Samples: Credit Agreement (Jostens Inc)
Participating Interests. Effective in the case of each ----------------------- Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s 's Revolving Credit Commitment Percentage.
Appears in 1 contract
Samples: Credit Agreement (Iwo Holdings Inc)