Common use of Transitional Provision Clause in Contracts

Transitional Provision. Subject to the satisfaction of the conditions contained in Sections 5.1, 5.2, 5.3 and 5.4, from and after the Effective Date each of the letters of credit identified on Schedule 3.2 hereto and issued for the account of the Company and its Subsidiaries pursuant to the Existing Credit Agreement (or deemed to be issued as of the Closing Date under the Existing Credit Agreement) shall be deemed to be Letters of Credit issued pursuant to this Article III.

Transitional Provision. Subject to the satisfaction of the conditions contained in Sections 5.1, 5.2, 5.3 5.2 and 5.45.3, from and after the Effective Closing Date each of the letters of credit identified on Schedule 3.2 hereto and issued for the account of the Company and its Subsidiaries pursuant to the Existing Credit Agreement (or deemed to be issued as of the Closing Date under the Existing Credit Agreement) shall be deemed to be Letters of Credit issued pursuant to this Article III.

Transitional Provision. Subject to the satisfaction of the conditions contained in Sections 5.1, 5.2, 5.3 5.2 and 5.45.3, from and after the Effective Closing Date each of the letters of credit identified on Schedule 3.2 hereto and issued for the account of the Company and its Subsidiaries pursuant to one of the Existing Credit Agreement Agreements (or deemed to be issued as under one of the Closing Date under the Existing Credit AgreementAgreements) shall be deemed to be Letters of Credit issued pursuant to this Article III.

Transitional Provision. Subject to the satisfaction of the conditions contained in Sections 5.1, 5.2, 5.3 6.1 and 5.46.2, from and after the Effective Date each Closing Date, all Existing Letters of the letters of credit identified on Schedule 3.2 hereto and issued for the account of the Company and its Subsidiaries pursuant to the Existing Credit Agreement (or deemed to be issued as of the Closing Date under the Existing Credit Agreement) shall be deemed to have been issued pursuant to this Section 2.2 and to be Letters of Credit issued pursuant and outstanding hereunder and shall be subject to this Article IIIand governed by the terms, provisions and conditions hereof.

Transitional Provision. Subject to the satisfaction of the conditions contained in Sections 5.1, 5.2, 5.3 6.1 and 5.46.2, from and after the Effective Date each Closing Date, all Existing Letters of the letters of credit identified on Schedule 3.2 hereto and issued for the account of the Company and its Subsidiaries pursuant to the Existing Credit Agreement (or deemed to be issued as of the Closing Date under the Existing Credit Agreement) shall be deemed to have been issued pursuant to this Section 2.2 and to be Letters of Credit issued pursuant and outstanding hereunder and shall be subject to this Article III.and governed by the terms, provisions and conditions hereof. 2.2.6

Transitional Provision. Subject to the satisfaction of the conditions contained in Sections 5.1, 5.2, 5.3 5.2 and 5.45.3, from and after the Effective Closing Date each of the letters of credit identified on Schedule 3.2 hereto and issued for the account of the Company and its Subsidiaries pursuant to that certain Credit Agreement, dated as of December 1, 2000, among the Company, the subsidiary borrowers parties thereto, the lenders parties thereto and Bank One, NA, as administrative agent (as amended, the "Existing Credit Agreement Agreement" (or deemed to be issued as of the Closing Date closing date under the Existing Credit Agreement) shall be deemed to be Letters of Credit issued pursuant to this Article III.