Common use of Posted Credit Support Clause in Contracts

Posted Credit Support. The Chargor will promptly pay when due all taxes, assessments or charges of any nature that are imposed with respect to Posted Credit Support held by the Secured Party upon becoming aware of the same.

Appears in 4 contracts

Sources: Credit Support Deed (Virgin Entertainment Investment Holdings LTD), Credit Support Deed (Virgin Entertainment Investment Holdings LTD), Credit Support Deed (Corvina Holdings LTD)