Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 13 contracts
Sources: Credit Agreement (Peabody Energy Corp), Credit Agreement (Peabody Energy Corp), Revolving Credit Agreement (Nextracker Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender any Letter of Credit Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Letter of Credit Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.15(a)(iii) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 8 contracts
Sources: Credit Agreement (WideOpenWest, Inc.), Credit Agreement (WideOpenWest Finance, LLC), Credit Agreement (WideOpenWest Finance, LLC)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Sources: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.10(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 6 contracts
Sources: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 6 contracts
Sources: Credit Agreement (Richardson Electronics, Ltd.), Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender Lenders (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and Section 2.21(b) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 5 contracts
Sources: Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day promptly following the written request of the Administrative Agent Agent, the Issuing Lender or the Issuing Swing Line Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lender and the Swing Line Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(ii) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Sources: Credit Agreement (Fortegra Group, Inc), Credit Agreement (Tiptree Inc.), Credit Agreement (Fortegra Group, LLC)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent Agent, the Swingline Lender or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Sources: Fifth Agreement Regarding Consents and Amendments (CatchMark Timber Trust, Inc.), Term a 4 Loan Credit Facility (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender that is a Revolving Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) ), the Borrower shall Borrowers shall, jointly and severally, Cash Collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.22(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Sources: Credit Agreement (Rayonier, L.P.), Credit Agreement (Rayonier, L.P.), Incremental Term Loan Agreement and Amendment to Guarantee Agreement (Rayonier, L.P.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the an Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Sources: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Alaska Communications Systems Group Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Sources: Credit Agreement (Construction Partners, Inc.), Fifth Amendment to Third Amended and Restated Credit Agreement (Construction Partners, Inc.), Credit Agreement (Construction Partners, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize cash collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.17(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral cash collateral provided by such Defaulting Lender) in by depositing with the Administrative Agent into the ▇▇ ▇▇▇▇ Collateral Account an amount of cash in Dollars not less than the Minimum Collateral Amount.
Appears in 4 contracts
Sources: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountequal to such Fronting Exposure as of such date.
Appears in 4 contracts
Sources: Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender any Issuer (with a copy to the Administrative Agent) the applicable Borrower shall Cash Collateralize the Issuing Lender’s Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Sources: Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv11.10(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] hereof and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Sources: Credit and Security Agreement (Bel Fuse Inc /Nj), Credit and Security Agreement (Bel Fuse Inc /Nj), Credit Agreement (Bel Fuse Inc /Nj)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Bank (with a copy to the Agent) or Swingline Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s and Swingline Lender’s Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 4 contracts
Sources: Loan and Security Agreement (Guardian Pharmacy Services, Inc.), Loan and Security Agreement (Guardian Pharmacy Services, Inc.), Loan and Security Agreement (Guardian Pharmacy Services, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Sources: Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, promptly (and in any event within one two (12) Business Day Days) following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the each applicable Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 4 contracts
Sources: Credit Agreement (FutureFuel Corp.), Credit Agreement (FutureFuel Corp.), Credit Agreement (FutureFuel Corp.)
Cash Collateral. At any time that (a) If there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] 2.21 and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Sources: Credit Agreement (Salesforce, Inc.), Credit Agreement (Salesforce, Inc.), Credit Agreement (SALESFORCE.COM, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Sources: Credit Agreement (Fiesta Restaurant Group, Inc.), Credit Agreement (Carrols Restaurant Group, Inc.), Credit Agreement (Carrols Restaurant Group, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to the Administrative Agent) or the Swingline Lender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and Section 2.21(b) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Sources: Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.10.1(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Minimum Collateral AmountIssuing Lender’s Fronting Exposure.
Appears in 3 contracts
Sources: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure of such Issuing Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Sources: Credit Agreement (Cirrus Logic, Inc.), Credit Agreement (Cirrus Logic Inc), Credit Agreement (Cirrus Logic Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv11.10(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] hereof and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Sources: Fourth Amendment Agreement (Universal Logistics Holdings, Inc.), Credit Agreement (Universal Logistics Holdings, Inc.), Credit and Security Agreement (Universal Logistics Holdings, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Sources: Credit Agreement (BurgerFi International, Inc.), Credit Agreement (BurgerFi International, Inc.), Credit Agreement (Empire Petroleum Partners, LP)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Lenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Sources: Long Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to the Administrative Agent) or any Swingline Lender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Sources: Credit Agreement (Lehigh Gas Partners LP), Escrow Agreement (Atlas Merger Subsidiary, Inc.), Credit Agreement (Infospace Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower Company shall Cash Collateralize the such Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.22(a)(iii) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Sources: Credit Agreement (Covanta Holding Corp), Credit and Guaranty Agreement (Covanta Holding Corp), Credit and Guaranty Agreement (Covanta Holding Corp)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender any Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Sources: Credit Agreement, Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.9(i)(D) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Sources: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.), Revolving Credit Facility (Crocs, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Factset Research Systems Inc), Revolving Credit Facility (Factset Research Systems Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s 's Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.18(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Andersons, Inc.), Credit Agreement (Andersons, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to or the Administrative Agent) Swingline Lender, the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lender and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.14(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Ubiquiti Inc.), Credit Agreement (Ubiquiti Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the each Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv11.10(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] hereof and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit and Security Agreement (DMC Global Inc.), Credit and Security Agreement (DMC Global Inc.)
Cash Collateral. (A) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of Administrative Agent, the Administrative Agent Swingline Lender or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(ivSubsection 1.17(A)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Atlantic Tele Network Inc /De), Credit Agreement (Atlantic Tele Network Inc /De)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) two Business Day Days following the written request of the Administrative Agent or the Issuing Lender any Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.20(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Agilon Health, Inc.), Credit Agreement (Agilon Health, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to the Administrative Agent) or any Swingline Lender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.22(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 2 contracts
Sources: Credit Agreement (Gencorp Inc), Credit Agreement (Gencorp Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the an Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)
Cash Collateral. Defaulting Lender. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Bank's Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.11(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Pyramid Oil Co), Credit Agreement (Pyramid Delaware Merger Subsidiary, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) ), the Borrower shall Borrowers shall, jointly and severally, Cash Collateralize the Issuing Lender’s Banks' Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.22(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Five Year Revolving Credit Agreement (Rayonier Inc), First Amendment and Restatement Agreement (Rayonier Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Trupanion, Inc.), Credit Agreement (Aimco OP L.P.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral AmountIssuing Lender’s Fronting Exposure with respect to such Defaulting Lender.
Appears in 2 contracts
Sources: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the an Issuing Lender Bank (with a copy to the Administrative Agent) ), the Borrower Company shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the applicable Issuing Bank with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.19(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount100% of such Fronting Exposure.
Appears in 2 contracts
Sources: Credit Agreement (Olin Corp), Credit Agreement (Olin Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Lenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.17(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.10(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Revolving Credit Facility Agreement (Chesapeake Utilities Corp), Revolving Credit Facility Agreement (Chesapeake Utilities Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Cadre Holdings, Inc.), Incremental Facility Amendment to Credit Agreement (Cadre Holdings, Inc.)
Cash Collateral. At (a) Subject to Sections 3.07(a)(iv) and (v) hereof, at any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv3.07(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (South Jersey Gas Co/New), Revolving Credit Agreement (South Jersey Industries Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.14(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Andersons, Inc.), Credit Agreement (Andersons, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Letter of Credit Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing LenderLetter of Credit Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.2(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent Agent, the Swingline Lender or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Joinder and Amendment Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting LenderLender with a Revolving Credit Commitment, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing LenderAdministrative Agent’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv§4.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Fronting Exposure of the Administrative Agent with respect to Letters of Credit issued and outstanding at such time (the “Minimum Collateral Amount”).
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Life Storage Lp), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender that is a Revolving Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.22(a)(iii) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to Agent), Borrowers shall provide cash collateral to secure the Administrative Agent) the Borrower shall Cash Collateralize Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.13(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] above and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than one hundred three percent (103%) of the Minimum Collateral AmountFronting Exposure of the Issuing Lender.
Appears in 2 contracts
Sources: Credit Agreement (Polyone Corp), Credit Agreement (Polyone Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the each applicable Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 2 contracts
Sources: Credit Agreement (Orion Group Holdings Inc), Credit Agreement (Orion Group Holdings Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Sources: Credit Agreement (ICF International, Inc.), Credit Agreement (ICF International, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent Agent, the Issuing Lender or the Issuing Swingline Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lender and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountequal to such Fronting Exposure.
Appears in 1 contract
Sources: Loan Agreement (Omega Protein Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.17(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to or the Administrative Agent) Swingline Lender, the Borrower BorrowersBorrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lender and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.14(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Ubiquiti Inc.)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Lenders’ Fronting Exposure Exposures with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Cash Collateral Amount.
Appears in 1 contract
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender any Letter of Credit Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Letter of Credit Issuers' Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to the Administrative Agent) or the Swingline Lender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.25(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 1 contract
Sources: Credit Agreement (Dollar Tree Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Superior Group of Companies, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.11.1(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Gentex Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the Issuing LenderBank’s Fronting Exposure Exposures with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Cash Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (IBEX LTD)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) two Business Day Days following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Fronting Exposure of the Issuing Lender’s Fronting Exposure , with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (O Charleys Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.19(a)(iii) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Metaldyne Performance Group Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to clause (a)(iv) of Section 2.9(a)(iv) 5.14 [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize cash collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.31(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (B&G Foods, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower Whirlpool shall Cash Collateralize the Issuing Lender’s Lenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Cirrus Logic Inc)
Cash Collateral. At any time that (a) If there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent), the applicable Borrower(s) or the Borrower Company shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] 2.21 and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Salesforce, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to Agent), Borrowers shall provide cash collateral to secure the Administrative Agent) the Borrower shall Cash Collateralize Fronting Exposure of the Issuing Lender’s Fronting Exposure Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.13(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] above and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than one hundred three percent (103%) of the Minimum Collateral AmountFronting Exposure of the Issuing Lenders.
Appears in 1 contract
Sources: Credit Agreement (Polyone Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower Company shall Cash Collateralize the Issuing Lender’s Lenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) 5.13.1.4 [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender which is a Revolving Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lenders or Swing Line Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountsuch Fronting Exposure.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the each applicable Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover all Fronting Exposure (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) the ), Borrower shall Cash Collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.18(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Fusion Telecommunications International Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Penn National Gaming Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.19(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Chugach Electric Association Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the an Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s 's Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the an Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the applicable Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the each applicable Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.9(a)(iv2.16(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount.). 60
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv), Section 2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount to the extent such Fronting Exposure is not less than the Minimum Collateral Amountalready Cash Collateralized.
Appears in 1 contract
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender LC Issuer (with a copy to the Administrative Agent) or such later period as set forth in such written request, the Borrower shall Cash Cash-Collateralize the Issuing LenderLC Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv1.8(a)(iv)) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Cash-Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.10(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Stoneridge Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.26(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Amedisys Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.15(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the an Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.19(a)(iii) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Blue Bird Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to the Administrative Agent) or any Swingline Lender (with a copy to the Borrower Administrative Agent), the BorrowerBorrowers shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent Agent, the Issuing Lender or the Issuing Swingline Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure of the Issuing Lender and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.27(c) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Tw Telecom Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Lenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.14(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit Agreement (Midstates Petroleum Company, Inc.)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender any Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.12(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender (with a copy to the Administrative Agent) ), the Borrower shall Borrowers shall, jointly and severally, Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing LenderBank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountequal to such Fronting Exposure as of such date.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or Agent, the Issuing Lender (with a copy to the Administrative Agent) or the Swingline Lender (with a copy to the Administrative Agent), the U.S. Borrower shall Cash Collateralize all Fronting Exposure of the Issuing Lender’s Fronting Exposure Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.21(b) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the Issuing Lender▇▇▇▇▇▇’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv2.12.1(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Minimum Collateral AmountLetter of Credit Obligations plus accrued and unpaid interest thereon.
Appears in 1 contract
Sources: Revolving Credit Facility Agreement (Cincinnati Financial Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the any Issuing Lender Bank (with a copy to the Administrative Agent) the Borrower shall Borrowers shall, to the extent of available cash pursuant to Section 4.11(a)(ii), Cash Collateralize the Issuing Lender’s Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv4.11(a)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Macquarie Infrastructure Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.9(a)(iv5.15(b)(iv) [Reallocation of Participations to Reduce Fronting Exposure] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract