Obligation to Replenish Clause Samples
POPULAR SAMPLE Copied 3 times
Obligation to Replenish. Subject to the limitations of Section 4.4 hereof, and subject to any limitations contained in the Grantor’s then applicable indentures and loan agreements, the Grantor agrees to replenish the Trust Fund and to immediately and irrevocably pay to the Trustee any amount (and concurrently transfer all right, title and interest in and to such amount) paid out of the Trust Fund on account of any Claim indemnified hereunder. Such replenished funds shall be deemed added to Exhibit A, and shall be available for the payment of Demands pursuant to Section 4.8.
Obligation to Replenish. Should the entire security deposit, or any portion thereof, be appropriated and applied by Landlord for the payment of overdue basic rent, additional rent or other charges due and payable to Landlord by Tenant hereunder or to compensate Landlord for loss or damage sustained by Landlord due to Tenant's breach hereunder, then Tenant shall, upon Landlord's demand, forthwith remit to Landlord a sufficient amount to restore the security deposit to the original sum deposited. Tenant's failure to so restore the security deposit within five (5) days after receipt of such demand shall constitute a breach of this Lease.
Obligation to Replenish. In the case of every use, application or retention of the Security Deposit, Tenant shall, within three (3) Business Days after demand, either pay to Landlord the sum so used, applied or retained, which shall be added to the Security Deposit, or increase the Letter of Credit by such sum, so that the Security Deposit shall be replenished to the amount which Tenant is required to maintain hereunder.
Obligation to Replenish. If during the term of the Transaction Security Documents the obligations in paragraphs 2.1 (Russian Alcohol Group Companies Obligations) or 2.2 (Whitehall Group Companies Obligations) above are not complied with (as regards compliance with the value and range of the pledged goods), the relevant Obligors shall replenish the pledged goods so that their aggregate value is equal to the required amount or to otherwise restore compliance with paragraphs 2.1 or 2.2 within 10 calendar days following notification to that effect given by the Lender to the relevant Obligors, and in such event, for all purposes under the Finance Documents, no breach of this Schedule 4 (or clause 15.3 (Terms of Collateral) shall have occurred.