Common use of Existing Letters of Credit Clause in Contracts

Existing Letters of Credit. All Existing Letters of Credit shall be deemed to be Letters of Credit issued under this Agreement as of the Effective Date and shall constitute Letters of Credit for all purposes of the Loan Documents.

Appears in 5 contracts

Samples: Credit Agreement (Ethan Allen Interiors Inc), Credit Agreement (Ethan Allen Interiors Inc), Credit Agreement (Ethan Allen Interiors Inc)

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Existing Letters of Credit. All Existing Letters of Credit shall be deemed to be Letters of Credit have been issued under this Agreement as of on the Effective Closing Date and shall constitute be outstanding hereunder and subject to all provisions contained herein and shall be deemed to be Letters of Credit, and the issuer of each Existing Letter of Credit for all purposes shall be deemed to be the Issuing Lender with respect to each Existing Letter of the Loan DocumentsCredit issued by it.

Appears in 5 contracts

Samples: Credit Agreement (Universal Health Services Inc), Credit Agreement (Universal Health Services Inc), Credit Agreement (Universal Health Services Inc)

Existing Letters of Credit. All The Existing Letters of Credit shall will for all purposes be deemed to be considered Letters of Credit issued under this Agreement as of the Effective Date and shall constitute Letters of Credit for all purposes of the Loan DocumentsAgreement.

Appears in 5 contracts

Samples: Credit Agreement (Service Corp International), Credit Agreement (Service Corp International), Credit Agreement (Service Corp International)

Existing Letters of Credit. All Each of the Existing Letters of Credit shall shall, for all purposes of this Agreement, be deemed to be Letters of Credit issued under this Agreement as of on the Effective Date Date, and shall constitute be subject to all requirements, terms and conditions applicable to Letters of Credit for issued and outstanding under this Agreement at all purposes of times on and after the Loan DocumentsEffective Date.

Appears in 5 contracts

Samples: Credit Agreement (Transocean Ltd.), Credit Agreement (Transocean Ltd.), Credit Agreement (Transocean Ltd.)

Existing Letters of Credit. All Each Existing Letters Letter of Credit shall for all purposes of this Agreement be deemed to be Letters a Letter of Credit issued under this Agreement as of the Effective Date and shall constitute Letters of Credit for all purposes of the Loan DocumentsAgreement.

Appears in 3 contracts

Samples: Five Year Credit Agreement (American Standard Companies Inc), Credit Agreement (American Standard Companies Inc), Year Credit Agreement (American Standard Companies Inc)

Existing Letters of Credit. All existing letters of credit issued under the Existing Agreement or deemed issued under the Existing Agreement and listed on Schedule 2.06 (the “Existing Letters of Credit Credit”) shall be deemed to be Letters of Credit issued under this Agreement as of the Effective Date and shall constitute Letters be subject to the terms of Credit for all purposes of the Loan Documentsthis Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Miller Herman Inc), Credit Agreement (Miller Herman Inc)

Existing Letters of Credit. All Existing Letters of Credit shall be deemed to be Letters of Credit issued under this Agreement as of the Original Effective Date and thereupon shall constitute Letters of Credit for all purposes of the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Boise Cascade Holdings, L.L.C.), Credit Agreement (Boise Cascade Holdings, L.L.C.)

Existing Letters of Credit. All Each of the Existing Letters of Credit shall shall, for all purposes of this Agreement, be deemed to be Letters of Credit issued under this Agreement as of on the Restatement Effective Date Date, and shall constitute be subject to all requirements, terms and conditions applicable to Letters of Credit for issued and outstanding under this Agreement at all purposes of times on and after the Loan DocumentsRestatement Effective Date.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Transocean Ltd.)

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Existing Letters of Credit. All Each of the Existing Letters of Credit shall be deemed to be issued and outstanding as Letters of Credit issued under this Agreement on and as of the Effective Date and shall constitute Letters of Credit for all purposes of the Loan DocumentsClosing Date.

Appears in 1 contract

Samples: Credit Agreement (M & F Worldwide Corp)

Existing Letters of Credit. All Each of the Existing Letters of Credit shall shall, for all purposes of this Agreement, be deemed to be Letters of Credit issued under this Agreement as of on the Effective Date Date, and shall constitute be subject to all requirements, terms and conditions applicable to Letters of Credit for issued and outstanding under this Agreement at all purposes of times on and after the Loan Documents.Effective Date. ​ ‌ ​ ‌ ​ ​

Appears in 1 contract

Samples: Credit Agreement (Transocean Ltd.)

Existing Letters of Credit. All Existing Letters of Credit shall be deemed to be Letters of Credit issued under this Agreement as of the Effective Date and thereupon shall constitute Letters of Credit for all purposes of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Boise Cascade Holdings, L.L.C.)

Existing Letters of Credit. All The Existing Letters of Credit shall be deemed to be Letters of Credit hereunder for all purposes and shall be deemed to have been issued under this Agreement as of the Effective Date and shall constitute Letters of Credit for all purposes of the Loan DocumentsDate.

Appears in 1 contract

Samples: Credit Agreement (Sysco Corp)

Existing Letters of Credit. All Existing Letters of Credit issued shall be deemed to be (i) Letters of Credit issued under this Agreement as and shall be subject to the terms of this Agreement and (ii) issued on the Effective Date and shall constitute Letters of Credit for all purposes of the Loan Documentsdetermining fees payable hereunder.

Appears in 1 contract

Samples: Credit Agreement (Schneider National, Inc.)

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