Common use of Immediately payable Clause in Contracts

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.

Appears in 2 contracts

Sources: Multicurrency Guarantee Facility Agreement (Acergy S.A.), Multicurrency Revolving Credit and Guarantee Facility Agreement (Acergy S.A.)

Immediately payable. If a Guarantee or any amount outstanding under a Guarantee becomes immediately payable under this Agreement, the relevant Borrower shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Multicurrency Revolving Credit and Guarantee Facility Agreement (Subsea 7 S.A.)

Immediately payable. If a the Bank Guarantee or any amount outstanding under a the Bank Guarantee becomes is expressed to be immediately payable under this Agreementpayable, the Borrower Company shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Guarantee Facility Agreement (UTAC Holdings Ltd.)

Immediately payable. If a Bank Guarantee or any amount outstanding under a Bank Guarantee becomes is expressed to be immediately payable under this Agreementby the Facility C Lender issuing that Bank Guarantee, the Borrower shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Facility Agreement (Las Vegas Sands Corp)

Immediately payable. If a Bank Guarantee or any amount outstanding under a Bank Guarantee becomes is expressed to be immediately payable under this Agreementby the Lender issuing that Bank Guarantee, the Borrower shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Facility Agreement (Las Vegas Sands Corp)

Immediately payable. If a Bank Guarantee or any amount outstanding under a Guarantee becomes is expressed to be immediately payable under this Agreementpayable, the Borrower Borrowers shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Cascal N.V.)

Immediately payable. If a Bank Guarantee or any amount outstanding under a Bank Guarantee becomes immediately payable under this Agreement, the Borrower shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Development Facility Agreement

Immediately payable. If a Guarantee or any amount outstanding under a Guarantee becomes is expressed to be immediately payable under this Agreementpayable, the Borrower shall repay or prepay that amount immediately.

Appears in 1 contract

Sources: Facility Agreement (Trico Marine Services Inc)