Common use of Cash Collateral, Repayment of Swingline Loans Clause in Contracts

Cash Collateral, Repayment of Swingline Loans. If the reallocation described in Section 2.21(a)(iv) cannot, or can only partially, be effected (x) first, the Borrower shall prepay Dollar Swingline Loans or Multicurrency Swingline Loans, as the case may be, in an amount equal to the Swingline Lenders’ Fronting Exposure pro rata based on the Commitments of the Swingline Lenders and (y) second, the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 2.22, in each case within one Business Day following the written request of the Administrative Agent and without prejudice to any right or remedy available to the Borrower hereunder or under law.

Cash Collateral, Repayment of Swingline Loans. If the reallocation described in Section 2.21(a)(iv) cannot, or can only partially, be effected (x) first, the applicable Borrower shall prepay Dollar Swingline Loans or Multicurrency Swingline Loans, as the case may be, in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure pro rata based on the Commitments of the Swingline Lenders and (y) second, the Parent Borrower (on behalf of itself or the Subsidiary Borrower, as applicable) shall Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 2.22, in each case within one Business Day following the written request of the Administrative Agent and without prejudice to any right or remedy available to the applicable Borrower hereunder or under law.

Cash Collateral, Repayment of Swingline Loans. If the reallocation described in Section 2.21(a)(iv) cannot, or can only partially, be effected (x) first, the applicable Borrower shall prepay Dollar Swingline Loans or Multicurrency Swingline Loans, as the case may be, in an amount equal to the Swingline Lenders’ Fronting Exposure pro rata based on the Commitments of the Swingline Lenders and (y) second, the Parent Borrower (on behalf of itself or the Subsidiary Borrower, as applicable) shall Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 2.22, in each case within one Business Day following the written request of the Administrative Agent and without prejudice to any right or remedy available to the applicable Borrower hereunder or under law.

Cash Collateral, Repayment of Swingline Loans. If the reallocation described in Section 2.21(a)(ivclause (iv) above cannot, or can only partially, be effected (x) first, the applicable Borrower shall prepay Dollar Swingline Loans or Multicurrency Swingline Loans, as the case may be, in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure pro rata based on the Commitments of the Swingline Lenders and (y) second, the Parent Borrower (on behalf of itself or the Subsidiary Borrower, as applicable) shall Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 2.222.23, in each case within one Business Day following the written request of the Administrative Agent and without prejudice to any right or remedy available to the applicable Borrower hereunder or under law.