Common use of Conditions to Issuance of Letters of Credit Clause in Contracts

Conditions to Issuance of Letters of Credit. The obligation of the Letter of Credit Issuer to issue any Letter of Credit, and the Lenders' obligation to purchase participations therein, is subject to the satisfaction of the following conditions:

Conditions to Issuance of Letters of Credit. The obligation of the Letter Bank to issue the Letters of Credit Issuer to issue any Letter of Credit, and the Lenders' obligation to purchase participations therein, is shall be subject to the satisfaction Bank's receipt of the following conditionsfollowing, in form and substance satisfactory to the Bank:

Conditions to Issuance of Letters of Credit. The obligation of the a Letter of Credit Issuer Bank to issue any Letter Letters of Credit, and the LendersBanks' obligation to purchase participations therein, is subject to the satisfaction of the following conditions:

Conditions to Issuance of Letters of Credit. The obligation of any Issuing Bank to issue (or renew or extend the term of) any Letter of Credit Issuer to issue at the request of any Letter of Credit, and the Lenders' obligation to purchase participations therein, Borrower is subject to the satisfaction of the following conditions: