Common use of Immediately payable Clause in Contracts

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.

Appears in 6 contracts

Samples: Additional Facility Accession Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC)

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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.

Appears in 4 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Agreement (Virgin Media Inc.)

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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 Parent requested) the issue of that Documentary Credit shall repay or prepay that Documentary Credit or that amount within 3 Business Days of demand.

Appears in 1 contract

Samples: Senior Facilities Agreement (Liberty Global PLC)

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