New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 43 contracts
Samples: Credit Agreement (Shimmick Corp), Credit Agreement (Centerspace), Credit Agreement (MSGE Spinco, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 24 contracts
Samples: Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (LTC Properties Inc), Credit Agreement (Cantor Fitzgerald Income Trust, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 20 contracts
Samples: Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (AlTi Global, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer shall not be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 15 contracts
Samples: Credit Agreement (BGC Group, Inc.), Credit Agreement (Newmark Group, Inc.), Credit Agreement (Ooma Inc)
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect theretothereto (determined after giving effect to Section 2.15(a)(v) and any cash collateral provided by such Defaulting Lender).
Appears in 11 contracts
Samples: Credit Agreement (APi Group Corp), Credit Agreement (Element Solutions Inc), Credit Agreement (APi Group Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure fronting exposure after giving effect thereto.
Appears in 6 contracts
Samples: Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C LC Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 6 contracts
Samples: Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.)
New Letters of Credit. So Notwithstanding anything in this Agreement to the contrary, so long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 5 contracts
Samples: Security Agreement, Credit Agreement (Meredith Corp), Credit Agreement (Time Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto. Section 1.17.
Appears in 5 contracts
Samples: Credit Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc)
New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew extend or increase amend any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 3 contracts
Samples: Abl Credit Agreement (MKS Instruments Inc), Assignment and Assumption (MKS Instruments Inc), Security Agreement (MKS Instruments Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer shall not be required to issue, amend, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 3 contracts
Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the LC Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 2 contracts
Samples: Receivables Loan Agreement (Arcbest Corp /De/), Receivables Loan Agreement (Arcbest Corp /De/)
New Letters of Credit. So long as any Lender is a Defaulting Lender, Lender no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto.
Appears in 2 contracts
Samples: Credit Agreement (DoubleVerify Holdings, Inc.), Credit Agreement (DoubleVerify Holdings, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.. CREDIT AGREEMENT – Page 50
Appears in 2 contracts
Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto..
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Ares Real Estate Income Trust Inc.), Credit Agreement (Ares Real Estate Income Trust Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, Lender no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto..
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer shall not be required to issue, extend, increase, reinstate or renew or increase any Letter letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto; it being understood that to the extent that either of the actions specified in clauses (a)(iv) or (a)(v) have been taken, the L/C Issuer will be deemed satisfied.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.. 70
Appears in 1 contract
New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
Samples: Credit Agreement (Donaldson Co Inc)
New Letters of Credit. So long as any Lender is a Defaulting Lender, no the L/C Issuer shall not be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto. TAXES, YIELD PROTECTION AND ILLEGALITY Taxes.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.. ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
Appears in 1 contract
Samples: Amended and Restated Credit Agreement (Wageworks, Inc.)
New Letters of Credit. So long as any Lender is a Defaulting Lender, the no L/C Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.. ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY Section 3.01
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall not be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C the Letter of Credit Issuer shall not be required to issue, amend, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto..
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Issuer shall not be required to issue, extend, increase, reinstate or renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect theretoto such issuance, extension, increase, reinstatement or renewal, as applicable.
Appears in 1 contract
New Letters of Credit. So Notwithstanding anything in this Agreement to the contrary, so long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C LC Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.
Appears in 1 contract
New Letters of Credit. So long as any Lender is a Defaulting Lender, no L/C Letter of Credit Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is reasonably satisfied that it will have no Fronting Exposure after giving effect thereto.. Section 180. Letters of Credit
Appears in 1 contract
