Cash Collateral Pledge. If, as of the Revolving Loan Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or upon the occurrence and continuation of the circumstances described in Section 2.07(c) requiring the relevant Borrower to Cash Collateralize Letters of Credit, then, the relevant Borrower shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations or any excess amount.
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Samples: Multicurrency Credit Agreement (Macdermid Inc), Multicurrency Credit Agreement (Macdermid Inc)
Cash Collateral Pledge. IfUpon (i) the request of the Bank, if, as of the Revolving Loan Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or upon (ii) the occurrence and continuation of the circumstances described in Section 2.07(c) subsection 2.07 requiring the relevant Borrower to Cash Collateralize Letters of Credit, then, the relevant Borrower shall immediately Cash Collateralize the L/C Obligations in an amount equal to such the L/C Obligations or any excess amountObligations.
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Samples: Credit Agreement (Matlack Systems Inc), Credit Agreement (Matlack Systems Inc)
Cash Collateral Pledge. If, as of the Revolving Loan Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or upon the occurrence and continuation of the circumstances described in Section 2.07(cSections 2.07(b), (c) or (h) requiring the relevant Borrower Credit Party to Cash Collateralize Letters of Credit, then, the relevant Borrower Credit Party shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations or any excess amount.
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Cash Collateral Pledge. If, as of the Revolving Loan Termination Date, any Letters ---------------------- of Credit may for any reason remain outstanding and partially or wholly undrawn, or upon the occurrence and continuation of the circumstances described in Section 2.07(cSections 2.07(a) or (c) requiring the relevant L/C Borrower to Cash ---------------- --- Collateralize Letters of Credit, then, the relevant L/C Borrower shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations or any excess amountObligations.
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Cash Collateral Pledge. IfUpon (i) the request of the Bank, if, as of the Revolving Loan Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or upon (ii) the occurrence and continuation of the circumstances described in Section 2.07(c) 2.07 requiring the relevant Borrower Company to Cash Collateralize Letters of Credit, then, the relevant Borrower Company shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations or any excess amountObligations.
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