Common use of Modification and Extension Clause in Contracts

Modification and Extension. The issuance of any supplement, modification or amendment, renewal, or extensions (excluding extensions on an "evergreen" basis pursuant to Section 2.2(a)) to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

Appears in 3 contracts

Sources: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

Modification and Extension. The issuance of any supplement, modification or restatement, modification, amendment, renewal, or extensions (excluding extensions on an "evergreen" basis pursuant to Section 2.2(a)) to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit Extension hereunder.

Appears in 2 contracts

Sources: Credit Agreement (Amf Bowling Worldwide Inc), Credit Agreement (Amf Bowling Worldwide Inc)

Modification and Extension. The issuance of any supplement, modification or modification, amendment, renewal, or extensions (excluding extensions on an "evergreen" basis pursuant to Section 2.2(a)) to any Revolving Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Revolving Letter of Credit hereunder.

Appears in 1 contract

Sources: Credit Agreement (Maxim Group Inc /)

Modification and Extension. The issuance of any supplement, modification or restatement, modification, amendment, renewal, or extensions (excluding extensions on an "evergreen" basis pursuant to Section 2.2(a)) extension to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit Extension hereunder.

Appears in 1 contract

Sources: Credit Agreement (Hillman Companies Inc)