Common use of Each Advance Clause in Contracts

Each Advance. The Lenders shall not be required to make any Advance and no Issuing Bank shall be required to issue, amend or extend a Letter of Credit unless on the applicable Borrowing Date or Issuance Date:

Appears in 9 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Forestar Group Inc.), Credit Agreement (Horton D R Inc /De/)

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Each Advance. The Lenders shall not be required to make any Advance and no the Issuing Bank shall not be required to issue, amend amend, renew or extend a any Letter of Credit unless on the applicable Borrowing Date or Issuance Date:

Appears in 4 contracts

Samples: Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co)

Each Advance. The Lenders shall not be required to make any Advance and no Issuing Bank Loans nor shall any Issuer be required to issue, amend or extend a issue any Letter of Credit Credit, unless on the applicable Borrowing Date or Issuance Date:

Appears in 2 contracts

Samples: Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc)

Each Advance. The Lenders shall not be required to make any Advance and no Issuing Bank nor shall the Issuer be required to issue, amend or extend a issue any Facility Letter of Credit (other than an Advance that, after giving effect thereto and to the application of the proceeds thereof, does not increase the aggregate amount of outstanding Advances), unless on the applicable Borrowing Date or Issuance Dateissuance date:

Appears in 2 contracts

Samples: Assignment Agreement (Platinum Technology Inc), Assignment Agreement (Platinum Technology International Inc)

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Each Advance. The Lenders shall not be required to make any Advance and no Issuing Bank Loans nor shall any Issuer be required to issue, amend or extend a issue any Letter of Credit Credit, unless on the applicable Borrowing Date or Issuance Dateand after giving effect to such extension of credit:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Arvinmeritor Inc), Credit Agreement (Arvinmeritor Inc)

Each Advance. The Lenders Lender shall not be required to make any Advance and no Issuing Bank shall be required or obligated to issue, amend or extend issue a Letter of Credit unless on the applicable Borrowing Date or Issuance Date:

Appears in 1 contract

Samples: Credit Agreement (Kimball International Inc)

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