Common use of Stop Issuance Notice Clause in Contracts

Stop Issuance Notice. If the Required Lenders determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time, then the Required Lenders may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to each Issuing Lender and Swing Line Lender. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied; provided that the Administrative Agent, the Issuing Lenders and the Swing Line Lender may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.

Stop Issuance Notice. If the Required Lenders determine at any time that the conditions set forth in Section 3.02 4.01 would not be satisfied ---- in respect of a Revolving Borrowing at such time, then the Required Lenders may request that the Administrative Servicing Agent issue a “"Stop Issuance Notice”", and the Administrative Servicing Agent shall issue such notice to each Issuing the Swingline Lender and Swing Line Lenderto each Fronting Bank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders that the circumstances giving rise thereto no longer exist. No Swingline Loan shall be made and no Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 3.02 4.01 are ---- satisfied; provided that the Administrative Servicing Agent, the Issuing Lenders Swingline Lender and the Swing Line Lender each Fronting Bank may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.

Stop Issuance Notice. If the Required Lenders Banks determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time, then the Required Lenders Banks may request that the Administrative Servicing Agent issue a “"Stop Issuance Notice”", and the Administrative Servicing Agent shall issue such notice to each Issuing Lender and Swing Line LenderBank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied; provided that the Administrative Agent, Servicing Agent and the Issuing Lenders and the Swing Line Lender Banks may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.. ARTICLE 3

Stop Issuance Notice. If the Required Lenders Banks determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time, then the Required Lenders Banks may request that the Administrative Servicing Agent issue a “Stop Issuance Notice”, and the Administrative Servicing Agent shall issue such notice to each Issuing Lender and Swing Line LenderBank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued and no Swing Line Loan shall be made issued, extended or amended to increase the amount thereof while a Stop Issuance Notice is in effect. The Required Lenders Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied; provided that the Administrative Agent, Servicing Agent and the Issuing Lenders and the Swing Line Lender Banks may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.

Stop Issuance Notice. If the Required Lenders Banks determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Revolving Borrowing at such time, then the Required Lenders Banks may request that the Administrative Agent issue a “"Stop Issuance Notice”", and the Administrative Agent shall issue such notice to the Swing Loan Lender and to each Issuing Lender and Swing Line LenderBank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders Banks that the circumstances giving rise thereto no longer exist. No Swing Loan shall be made and no Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied; provided that the Administrative Agent, the Issuing Lenders Swing Loan Lender and the Swing Line Lender Issuing Banks may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.

Stop Issuance Notice. If the Required Lenders determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing Loan at such time, then the Required Lenders may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to each Issuing Lender and Swing Line Lender. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied; provided that the Administrative Agent, the Issuing Lenders Agent and the Swing Line Lender may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing Loan at such time or create any implication that such conditions would be satisfied at such time.

Stop Issuance Notice. If the Required Lenders Banks determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time, then the Required Lenders Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to each Issuing Lender and Swing Line LenderBank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders Banks that the circumstances giving rise thereto no longer exist. No Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied; provided that the Administrative Agent, Agent and the Issuing Lenders and the Swing Line Lender Banks may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.

Stop Issuance Notice. If the Required Lenders Banks determine at any time that the conditions set forth in Section 3.02 3.03 would not be satisfied in respect of a Revolving Borrowing at such time, then the Required Lenders Banks may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative Agent shall issue such notice to the Swing Loan Lender and to each Issuing Lender and Swing Line LenderBank. Such Stop Issuance Notice shall be withdrawn upon a determination by the Required Lenders Banks that the circumstances giving rise thereto no longer exist. No Swing Loan shall be made and no Letter of Credit shall be issued and no Swing Line Loan shall be made while a Stop Issuance Notice is in effect. The Required Lenders Banks may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the Company Borrower for withdrawal of the same on the basis that the conditions in Section 3.02 3.03 are satisfied; provided that the Administrative Agent, the Issuing Lenders Swing Loan Lender and the Swing Line Lender Issuing Banks may and shall conclusively rely on any Stop Issuance Notice while it remains in effect. The absence of a Stop Issuance Notice at any time shall not affect the rights and obligations of the parties hereto at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of a Borrowing at such time or create any implication that such conditions would be satisfied at such time.