Common use of Issuing Lenders Clause in Contracts

Issuing Lenders. The Issuing Lenders shall act on behalf of the Lenders (according to their Pro Rata Shares) with respect to any Letters of Credit issued by them and the documents associated therewith. The Issuing Lenders shall have all of the benefits and immunities (a) provided to Administrative Agent in this Section 14 with respect to any acts taken or omissions suffered by the Issuing Lenders in connection with Letters of Credit issued by them or proposed to be issued by them and the applications and agreements for letters of credit pertaining to such Letters of Credit as fully as if the term “Administrative Agent”, as used in this Section 14, included the Issuing Lenders with respect to such acts or omissions and (b) as additionally provided in this Agreement with respect to the Issuing Lenders.

Appears in 6 contracts

Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.), Credit Agreement (Xponential Fitness, Inc.), Credit Agreement (Primoris Services Corp)

AutoNDA by SimpleDocs

Issuing Lenders. The Issuing Lenders shall act on behalf of the Lenders (according to their Pro Rata Shares) with respect to any Letters of Credit issued by them and the documents associated therewith. The Issuing Lenders shall will have all of the benefits and immunities (a) provided to Administrative Agent in this Section 14 with respect to any acts taken or omissions suffered by the Issuing Lenders in connection with Letters of Credit issued by them or proposed to be issued by them and the applications and agreements for letters of credit pertaining to such those Letters of Credit as fully as if the term “Administrative Agent”, ,” as used in this Section 14, included the Issuing Lenders with respect to all such acts or omissions omissions, and (b) as additionally provided in this Agreement with respect to the Issuing Lenders.

Appears in 3 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (LIV Capital Acquisition Corp.)

Issuing Lenders. The Each Issuing Lenders Lender shall act on behalf of the Lenders (according to their Pro Rata Shares) with respect to any Letters of Credit issued by them it and the documents associated therewith. The Issuing Lenders shall have all of the benefits and immunities (ai) provided to the Administrative Agent in this Section 14 with respect to any acts taken or omissions suffered by the any such Issuing Lenders Lender in connection with Letters of Credit issued by them it or proposed to be issued by them it and the applications and agreements for letters of credit pertaining to such Letters of Credit as fully as if the term “Administrative Agent”, as used in this Section 14, included the such Issuing Lenders Lender with respect to such acts or omissions omissions, and (bii) as additionally provided in this Agreement with respect to the such Issuing LendersLender.

Appears in 2 contracts

Samples: Credit Agreement (SP Plus Corp), Credit Agreement (Standard Parking Corp)

AutoNDA by SimpleDocs

Issuing Lenders. The Issuing Lenders shall act on behalf of the Lenders (according to their Pro Rata Shares) with respect to any Letters of Credit issued by them and the documents associated therewith. The Issuing Lenders shall have all of the benefits and immunities (a) provided to the Administrative Agent in this Section 14 with respect to any acts taken or omissions suffered by the Issuing Lenders in connection with Letters of Credit issued by them or proposed to be issued by them and the applications and agreements for letters of credit pertaining to such Letters of Credit as fully as if the term “Administrative Agent”, as used in this Section 14, included the Issuing Lenders with respect to such acts or omissions and (b) as additionally provided in this Agreement with respect to the Issuing Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Andalusian Credit Company, LLC), Credit Agreement (Morgan Stanley Direct Lending Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.