Common use of Letter of Credit Exposure Clause in Contracts

Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.4, the Company will promptly pay the amount of such excess to the Administrative Agent for the account of the Revolving Lenders to be applied as provided in Section 4.4.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

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Letter of Credit Exposure. If at any time the Letter of ------------------------- Credit Exposure exceeds the limits set forth in Section 2.4, the Company will promptly pay the amount of such excess to the Administrative Agent for the account of the Revolving Lenders to be applied as provided in Section 4.44.6.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Oil Co)

Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.42.3, the Company will promptly pay the amount of such excess to the Administrative Agent for the account of the Revolving Lenders to be applied as provided in Section 4.44.5.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.4, the Company will promptly pay the amount of such excess to the Administrative Agent for the account of the Revolving Lenders to be applied as provided in Section 4.44.6.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

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Letter of Credit Exposure. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.4, the Company will promptly pay the amount of such excess to the Administrative Agent for the account of the Revolving Working Capital Lenders to be applied as provided in Section 4.4.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

Letter of Credit Exposure. If at any time the Letter of Credit ------------------------- Exposure exceeds the limits set forth in Section 2.4, the Company will promptly pay the amount of such excess to the Administrative Agent for the account of the Revolving Lenders to be applied as provided in Section 4.44.6.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

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