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.
Appears in 8 contracts
Samples: Agreement (Inmarsat Launch CO LTD), Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Holdings, Inc.)
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 becomes immediately payablepayable under this Agreement, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 6 contracts
Samples: Restatement Agreement (Mittal Steel Co N.V.), Agreement (Signet Jewelers LTD), Facilities Agreement (Signet Jewelers LTD)
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 (or on behalf of which the Company requested) the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 6 contracts
Samples: Facilities Agreement (NDS Group PLC), Facilities Agreement (Manchester United Ltd.), Facilities Agreement (ShangPharma Corp)
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.
Appears in 3 contracts
Samples: Agreement (Mercer International Inc), Credit Facility Agreement (Mercer International Inc.), Agreement (Mercer International Inc.)
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.
Appears in 2 contracts
Samples: Cascal Facility Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)
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.
Appears in 2 contracts
Samples: Facilities Agreement (Sirona Dental Systems, Inc.), Facilities Agreement (Sirona Dental Systems, Inc.)
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 (or on behalf of which the Company requested) the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 1 contract
Samples: Randstad North America, L.P.
Immediately payable. If a the Letter of Credit or Bank Guarantee or any amount outstanding under a the Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower Company shall pay that requested amount to the issue of that Bank, or prepay or repay the Letter of Credit (or Bank Guarantee shall repay or prepay that the applicable amount immediatelyoutstanding thereunder), immediately on demand by the Bank.
Appears in 1 contract
Samples: Credit Facility Agreement (Axis Capital Holdings LTD)
Immediately payable. If a Letter of Credit or the Bank Guarantee or any amount outstanding under a Letter of Credit or the Bank Guarantee is expressed to be immediately payablepayable or a cash deposit is expressed to be payable under the Bank Guarantee, the relevant Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 1 contract
