Common use of Obligation to Issue Clause in Contracts

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 6 contracts

Samples: Loan Agreement (Myers Industries Inc), Credit Agreement (Corrpro Companies Inc /Oh/), Loan Agreement (Diebold Inc)

AutoNDA by SimpleDocs

Obligation to Issue. Subject to the terms and conditions of this Agreement (including without limitation the terms of Section 2.15.2(e)) and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's ’s Lending Installations or Affiliates as the such Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Replacement Facilities Effective Date and ending five Business Days prior to the Facility Revolving Termination Date.

Appears in 5 contracts

Samples: Credit Agreement (DIEBOLD NIXDORF, Inc), Credit Agreement (DIEBOLD NIXDORF, Inc), Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers Borrower herein set forth, the Issuers each Issuer hereby agree agrees to issue upon the request of and for the account of a Borrower the Borrower, through such of the Issuer's ’s Lending Installations or Affiliates as the Issuer and the Borrower may determinejointly agree, one or more Facility Letters of Credit in accordance with this Section 2.15, 2.18 from time to time during the period, period commencing on the Effective Closing Date and ending five Business Days on the fourteenth day prior to the Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers Company herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer and a Borrower may determinejointly agree, one or more Facility Letters of Credit in accordance with this Section 2.152.19, from time to time during the period, commencing on the Effective Closing Date and ending five Business Days prior to the Facility Termination Date.

Appears in 2 contracts

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

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers Borrower herein set forth, the Issuers each Issuer hereby agree agrees to issue upon the request of and for the account of a Borrower the Borrower, through such of the Issuer's ’s Lending Installations or Affiliates as the Issuer and the Borrower may determinejointly agree, one or more Facility Letters of Credit in accordance with this Section 2.15, 2.21 from time to time during the period, period commencing on the Effective Closing Date and ending five Business Days on the fourteenth day prior to the Facility A Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers Borrower herein set forth, the Issuers each Issuer hereby agree agrees to issue upon the request of and for the account of a Borrower the Borrower, through such of the Issuer's ’s Lending Installations or Affiliates as the Issuer and the Borrower may determinejointly agree, one or more Facility Letters of Credit in accordance with this Section 2.15, 2.21 from time to time Table of Contents during the period, period commencing on the Effective Closing Date and ending five Business Days on the fourteenth day prior to the Facility A Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Lennar Corp /New/)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's ’s Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's ’s Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein Borrower set forthforth herein, the Issuers Issuer hereby agree agrees to issue upon the request of and for the account of a Borrower the Borrower, through such of the Issuer's Lending Installations or Affiliates as the Issuer and the Borrower may determinemutually agree, one or more Facility Letters of Credit in accordance with this Section 2.152.17, from time to time during the period, period commencing on the Effective Date and ending five on the Business Days Day prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Interim Services Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forthand the Guarantors in the Credit Documents, the Issuers Issuer hereby agree agrees to issue for the account of a each Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer and the Company may determinejointly agree, one or more Facility Letters of Credit in accordance with this Section 2.152.2 denominated in Dollars, from time to time during the period, commencing on the Effective Date and ending five on the Business Days Day prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Lason Inc)

AutoNDA by SimpleDocs

Obligation to Issue. Subject to the terms and conditions of this Agreement (including without limitation the terms of Section 2.15.2(e)) and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the thesuch Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement (including without limitation the terms of Section 2.15.2(e)) and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the such Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, period commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forth, the Issuers hereby agree to issue for the account of a Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer may determine, one or more Facility Letters of Credit in accordance with this Section 2.15, from time to time during the period, commencing on the Effective Date and ending five Business Days prior to the Facility Termination Date.. 2.15.2

Appears in 1 contract

Samples: Execution Copy (Myers Industries Inc)

Obligation to Issue. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Borrowers herein set forthBorrower and the Guarantors in the Loan Documents, the Issuers Issuer hereby agree agrees to issue for the account of a the Borrower through such of the Issuer's Lending Installations or Affiliates as the Issuer and the Borrower may determinejointly agree, one or more Facility Letters of Credit in accordance with this Section 2.152.2, from time to time during the period, commencing on the Effective Date and ending five on the Business Days Day prior to the Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Experience Management LLC)

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