Common use of The Letter of Credit Subfacility Clause in Contracts

The Letter of Credit Subfacility. x) On the terms and subject to the conditions set forth herein (i) the L/C Issuer agrees, (A) from time to time on any Business Day during the period from the Effective Date to the Revolving Loan Maturity Date to issue Letters of Credit for the account of Holdings, and to amend or renew Letters of Credit previously issued by it, in accordance with Section 3.02(c) and Section 3.02(d), and (B) to honor drafts under the Letters of Credit; and (ii) the Revolving Lenders severally agree to participate in Letters of Credit Issued for the account of Holdings; provided that the L/C Issuer shall not be obligated to Issue, and no Revolving Lender shall be obligated to participate in, any Letter of Credit if such

The Letter of Credit Subfacility. x(a) On the terms and subject to the conditions set forth herein (i) the L/C Issuer Issuing Bank agrees, (A) from time to time on any Business Day during the period from the Effective Closing Date to the Revolving Loan Maturity Termination Date to issue Letters of Credit for the account of Holdings, any Borrower so requesting issuance of such Letters of Credit and to amend or renew Letters of Credit previously issued by it, in accordance with Section 3.02(csubsections 3.2(c) and Section 3.02(d), and (B) to honor drafts under the Letters of Credit; and (ii) the Revolving Lenders Banks severally agree to participate in Letters of Credit Issued for the account of Holdingssuch Borrower; provided that the L/C Issuer shall not be obligated to Issueprovided, and no Revolving Lender shall be obligated to participate in, any Letter of Credit if suchthat

The Letter of Credit Subfacility. x(a) On the terms and subject to the conditions set forth herein (i) the L/C Issuer each Issuing Bank agrees, (A) from time to time on any Business Banking Day during the period from the Effective Closing Date to the Revolving Loan Maturity Termination Date to issue Letters of Credit for the account of HoldingsBorrowers, and to amend or renew Letters of Credit previously issued by it, in accordance with Section 3.02(csubsections 3.2(c) and Section 3.02(d3.2(d), ; and (B) to honor drafts under the Letters of Credit; and (ii) the Revolving Lenders Banks severally agree to participate in Letters of Credit Issued for the account of HoldingsBorrowers; provided that the L/C Issuer no Issuing Bank shall not be obligated to Issue, and no Revolving Lender Bank shall be obligated to participate in, any Letter of Credit if suchas of the date of Issuance of such Letter of Credit (the "Issuance Date"):

The Letter of Credit Subfacility. x(a) On the terms and subject to the conditions set forth herein (i) the L/C Issuer Issuing Lender agrees, (A) from time to time on any Business Day during the period from the Effective Closing Date to the Revolving Loan Maturity Termination Date to issue Letters of Credit for the account of Holdingsthe Company, and to amend or renew Letters of Credit previously issued by it, in accordance with Section subsections 3.02(c) and Section 3.02(d), and (B) to honor drafts under the Letters of Credit; and (ii) the Revolving Lenders severally agree to participate in Letters of Credit Issued for the account of Holdingsthe Company; provided provided, that the L/C Issuer Issuing Lender shall not be obligated to Issue, and no Revolving Lender shall be obligated to participate in, any Letter of Credit if suchobligated