Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.3, the Borrower shall within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders to be applied as provided in Section 4.6.
Appears in 2 contracts
Samples: Credit Agreement (Ameripath Inc), Credit Agreement (Ameripath Inc)
Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits limit set forth in Section 2.32.3.1, the Borrower shall cash-collateralize such excess within three (3) Banking Days pay by paying the amount of such excess to the Agent Administrative Agent, for the account of the Lenders Banks to be applied as provided in Section 4.64.5.
Appears in 2 contracts
Samples: Credit Agreement (Energy Transfer Partners Lp), Credit Agreement (Energy Transfer Partners Lp)
Letter of Credit Exposure. If at any time the Letter of ------------------------- Credit Exposure exceeds the limits set forth in Section 2.3, the Borrower shall within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders to be applied as provided in Section 4.64.5.
Appears in 1 contract
Samples: Credit Agreement (Ameripath Inc)
Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.32.2, the Borrower Borrowers shall within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders to be applied as provided in Section 4.64.5.
Appears in 1 contract
Samples: Credit Agreement (Ameripath Inc)
Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits limit set forth in Section 2.32.3.1, the Borrower shall within three Banking Days pay the amount of such excess to the Agent Administrative Agent, for the account of the Lenders Banks to be applied as provided in Section 4.64.5.
Appears in 1 contract
Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits limit set forth in Section 2.32.3.1, the Borrower shall within three Banking Days pay the amount of such excess to the Administrative Agent for the account of the Lenders Banks to be applied as provided in Section 4.64.5.
Appears in 1 contract
Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.3, the Borrower shall within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders to be applied as provided in Section 4.64.5.
Appears in 1 contract
Samples: Credit Agreement (Ameripath Inc)
