Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit is expressed to be immediately payable, the Borrower shall repay or prepay that amount immediately.
Immediately payable. If a Documentary Credit or any amount outstanding under a Documentary Credit is expressed to be immediately payable, the relevant UK Borrower shall repay that amount immediately.
Immediately payable. (a) If a Documentary Credit or any amount outstanding under a Documentary Credit becomes immediately payable under this Agreement, the relevant Borrower that requested (or on behalf of which the Company requested) the issue of that Documentary Credit shall repay or prepay that Documentary Credit or that amount within 3 Business Days of demand.
Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit becomes immediately payable under this Agreement, the Borrower that requested the issue of the Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) repay or prepay that Letter of Credit or that amount within three Business Days of demand.
Immediately payable. If a Guarantee or any amount outstanding under a Guarantee becomes immediately payable under this Agreement, the Borrower shall repay or prepay that amount immediately.
Immediately payable. If a demand is made by Lloyd’s under a Letter of Credit, the Agent shall promptly notify the Borrower and the Lenders.
Immediately payable. If a Bond or any amount outstanding under a Bond is expressed to be immediately payable, the Applicant shall repay or prepay that amount immediately.
Immediately payable. 5.4 Claims under a Documentary Credit 5.5 Documentary Credit Indemnities
Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit is expressed to be immediately payable, the Borrower that requested (or on behalf of which the Parent requested) the issue of that Letter of Credit shall repay or prepay that Letter of Credit or that amount promptly on demand by the relevant Issuing Bank.
