Common use of Immediately payable Clause in Contracts

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. (a) If Subject to the terms of this Agreement, 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 that Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) shall repay or prepay that Letter of Credit or that amount within three Business Days of demandimmediately.

Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable under this Agreement, the Borrower that requested the issue and no claim (as defined in paragraph (a) of the Letter of Credit must (in accordance with Clause 7.4 7.2 (Claims under a Letter of Credit)) has been made in respect of that Letter of Credit, the Borrower that requested (or otherwiseon behalf of which the Obligors’ Agent requested) the issue of that Letter of Credit shall repay or prepay that Letter of Credit or that amount within three Business Days of demandimmediately.

Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable under this Agreementpayable, the Borrower that requested (or on behalf of which the Parent requested) the issue of the that Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) shall repay or prepay that Letter of Credit or that amount immediately, and in any event within three four Business Days of demanddemand (however, for the purposes of Clause 14.3 (Default interest), that amount shall be treated as an overdue amount from the date of demand in respect thereof).

Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable under this Agreementpayable, the Borrower that requested the issue of the that Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) shall repay or prepay that amount within 3 Business Days’ of demand by the Fronting Bank (or, if later, upon the Fronting Bank becoming liable to pay such amount under the Letter of Credit or that amount within three Business Days of demandCredit).

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 shall repay or prepay the issue of amount on demand by the Letter of Credit must (Issuing Bank 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 demandparagraph 6.2.

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 and no claim (as defined in paragraph (a) of the Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) repay or prepay has been made in respect of that Letter of Credit or amount outstanding under that Letter of Credit, the Borrower that requested the issue of that Letter of Credit shall repay or prepay that amount within three Business Days of demandimmediately.

Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit becomes immediately payable and no claim (as defined in paragraph (a) of Clause 7.3 (Claims under this Agreementa Letter of Credit)) has been made in respect of that Letter of Credit or amount outstanding under that Letter of Credit, the Borrower that requested the issue of the that Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) shall repay or prepay that Letter of Credit or that amount within three Business Days of demandimmediately.

Immediately payable. (a) If a Letter of Credit or any amount outstanding under a Letter of Credit becomes immediately payable and no claim (as defined in paragraph (a) of clause 8.3 (Claims under this Agreementa Letter of Credit)) has been made in respect of that Letter of Credit or amount outstanding under that Letter of Credit, the Borrower that requested the issue of the that Letter of Credit must (in accordance with Clause 7.4 (Claims under a Letter of Credit) or otherwise) shall repay or prepay that Letter of Credit or that amount within three Business Days of demandimmediately.