Common use of Credit Extension Clause in Contracts

Credit Extension. Each of the following (a) a Borrowing and (b) the issuance, extension, amendment or renewal of a Letter of Credit.

Appears in 3 contracts

Sources: Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Credit Agreement (Montpelier Re Holdings LTD)

Credit Extension. Each each of the following (a) a Borrowing borrowing of a Revolver Loan and (b) the issuanceissuance of, extension, amendment extension of the expiry of or renewal increase in the amount of a Letter of Credit.

Appears in 2 contracts

Sources: Loan and Security Agreement (Lawton Surgery Investment Company, LLC), Loan and Security Agreement (NPMC Holdings, LLC)