Common use of Agreement to Issue or Cause To Issue Clause in Contracts

Agreement to Issue or Cause To Issue. Subject to all of the terms and conditions of this Agreement, the Agent agrees to cause each Letter of Credit Issuer to issue for the account of the Company (or for the support of any other Borrower or any Subsidiary of the Company or any of their franchisees, so long as the Company and such other Borrower are co-applicants) one or more commercial/documentary and standby letters of credit (i) denominated in Dollars, Canadian Dollars or any Alternative Currency under the Multicurrency Credit Facility (each a “Multicurrency Facility Letter of Credit” and collectively the “Multicurrency Letters of Credit”), as requested by the Borrowers’ Agent or (ii) denominated in Dollars under the U.S. Credit Facilities (each, a “U.S. Facility Letter of Credit” and, collectively, the “U.S. Facility Letters of Credit,” and together with the Multicurrency Facility Letters of Credit, each a “Letter of Credit” and, collectively, the “Letters of Credit”), as requested by the Borrowers’ Agent, and to amend, renew or extend Letters of Credit previously issued by the applicable Letter of Credit Issuer (unless otherwise provided below).

Agreement to Issue or Cause To Issue. Subject to all of the terms and conditions of this Agreement, the Agent agrees to cause each Letter of Credit Issuer to issue for the account of the Company (or for the support of any other Borrower or any Subsidiary of the Company or any of their franchisees, so long as the Company and such other Borrower are co-applicants) one or more commercial/documentary and standby letters of credit (i) denominated in Dollars, Canadian Dollars or any Alternative Currency under the Multicurrency Credit Facility (each a “Multicurrency Facility Letter of Credit” and collectively the “Multicurrency Letters of Credit”), as requested by the Borrowers’ Agent or (ii) denominated in Dollars under the U.S. Credit Facilities (each, a “U.S. Facility Letter of Credit” and, collectively, the “U.S. Facility Letters of Credit,” and and, together with the Multicurrency Facility Letters of Credit and the Existing Letters of Credit, each a “Letter of Credit” and, collectively, the “Letters of Credit”), as requested by the Borrowers’ Agent, and to amend, renew or extend Letters of Credit previously issued by the applicable Letter of Credit Issuer (unless otherwise provided below).