Letter of Credit Sublimit. If at any time the L/C Obligations shall exceed the Letter of Credit Sublimit, the Company shall immediately Cash Collateralize Letters of Credit in an amount equal to such excess.
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)
Letter of Credit Sublimit. If at any time time, the sum of the aggregate principal amount of L/C Obligations shall exceed the Letter of Credit Sublimit, the Company Borrower immediately shall immediately Cash Collateralize Letters of Credit cash collateralize the L/C Obligations in an amount equal sufficient to eliminate such excess.
Appears in 1 contract
Samples: Credit Agreement (Longview Fibre Co)
