L/Cs Sample Clauses

L/Cs. Promptly following the acceleration of the maturity of the Revolving Notes pursuant to Section 8.2 or 8.3 hereof, the Borrower shall immediately pay to the Agent for the benefit of the Banks the full undrawn face amount of all then outstanding L/Cs. The Agent shall hold all such funds and proceeds thereof as additional collateral security for the obligations of the Borrower to the Banks under the Loan Documents. The amount paid under any L/C for which the Borrower has not reimbursed the Banks shall bear interest from the date of such payment at the default rate of interest specified in Section 1.3(c)(i) hereof.
L/Cs. Promptly following the acceleration of the maturity of the Notes pursuant to Section 8.2 or 8.3 hereof, the Borrower shall immediately pay to the Administrative Agent for the benefit of the Banks the full aggregate amount of all outstanding L/Cs issued for the Borrower's account hereunder. The Administrative Agent shall hold all such funds and proceeds thereof as additional collateral security for the obligations of the Borrower to the Banks under the Loan Documents. The amount paid under any of the L/Cs for which the Borrower has not reimbursed the Banks shall bear interest from the date of such payment at the default rate of interest specified in Section 1.3(b) hereof.
L/Cs. Promptly following the acceleration of the maturity of the Notes pursuant to Section 8.2 or 8.3 hereof, the Company shall immediately pay to the Agent for the benefit of the Banks the full aggregate amount of all outstanding L/Cs and the Bond L/C. The Agent shall hold all such funds and proceeds thereof as additional collateral security for the obligations of the Company to the Banks under the Loan Documents. The amount paid under any of the L/Cs or the Bond L/C for which the Company has not reimbursed the Banks shall bear interest from the date of such payment at the default rate of interest specified in Section 1.3(d) hereof." 1.12. The Credit Agreement shall be amended by adding the following provision thereto as Section 8.5:
L/Cs. Promptly following the acceleration of the maturity of the Notes pursuant to Section 8.2 or 8.3 hereof, the Borrowers shall immediately pay to the Administrative Agent for the benefit of the Banks the full aggregate undrawn amount of all outstanding L/Cs outstanding hereunder. The Administrative Agent shall hold all such funds and proceeds thereof as collateral security for the obligations of the Borrowers to the Banks under the Loan Documents. All such funds shall be held in an interest bearing deposit account established by the Administrative Agent. Any such funds remaining in such account after all of the Borrowers' indebtedness, obligations and liabilities to the Administrative Agent and the Banks have been -51- 52 paid in full, all Commitments have terminated and all L/Cs have terminated or expired without any further liability of Harr▇▇ ▇▇▇ating thereto shall be returned to the Borrowers or whoever may be legally entitled thereto.
L/Cs 

Related to L/Cs

  • Customer Services Customer Relationship Management (CRM): All aspects of the CRM process, including planning, scheduling, and control activities involved with service delivery. The service components facilitate agencies’ requirements for managing and coordinating customer interactions across multiple communication channels and business lines. Customer Preferences: Customizing customer preferences relative to interface requirements and information delivery mechanisms (e.g., personalization, subscriptions, alerts and notifications).

  • DOMICILIUM CITANDI ET EXECUTANDI The parties choose as their domicilia citandi et executandi for all purposes under this agreement, whether in respect of court process, notices or other documents or communications of whatsoever nature (including the exercise of any option), the addresses on the cover page of this agreement.

  • Customer Support If Customer is entitled to receive Customer Support as part of a separately purchased Service Plan, Sage warrants that while Customer’s Service Plan is in effect and if it has paid all required Service Plan fees, Sage will use qualified personnel to provide Customer Support in a professional manner consistent with industry standards. Customer’s sole remedy under this section 5.2 is limited to Sage’s re-performance of the Customer Support services giving rise to Customer’s claim.

  • Relationship Managers The Participant Relationship Manager and the Reclaim Fund Relationship Manager at the date of this agreement for the purposes of clause 27 of Part B of this agreement are as follows: (a) the Participant Relationship Manager: ▇▇▇▇▇▇ ▇▇▇▇▇▇; and (b) the Reclaim Fund Relationship Manager: ▇▇▇▇▇▇ ▇▇▇▇▇.

  • Stockholder Services (i) Manage services for and communications with Stockholders, including answering phone calls, preparing and sending written and electronic reports and other communications; (ii) Oversee the performance of the transfer agent and registrar; (iii) Establish technology infrastructure to assist in providing Stockholder support and service; and (iv) Consistent with Section 3.01, the Advisor shall perform the various subscription processing services reasonably necessary for the admission of new Stockholders.