Common use of REMEDIES RELATING TO LETTERS OF CREDIT Clause in Contracts

REMEDIES RELATING TO LETTERS OF CREDIT. In the event the Commitments are terminated and/or the Debt is accelerated pursuant to Sections 11.01 or 11.02 above, the Borrower shall immediately deposit with the Agent an amount of cash equal to the then aggregate amount of the stated amounts of all letters of credit outstanding hereunder as security for reimbursement of any drawings made on any such letters of credit and as collateral for repayment of the Debt or any part thereof.

REMEDIES RELATING TO LETTERS OF CREDIT. In the event the Commitments are terminated and/or the Debt is accelerated pursuant to Sections Section 11.01 or 11.02 above, the Borrower shall immediately deposit with the Agent an amount of cash equal to the then aggregate amount of the stated amounts of all letters of credit outstanding hereunder as security for reimbursement of any drawings made on any such letters of credit and as collateral for repayment of the Debt or any part thereof.

REMEDIES RELATING TO LETTERS OF CREDIT. In the event the Commitments are terminated and/or the Debt is accelerated pursuant to Sections Section 5.07, 11.01 or 11.02 abovehereof, the Borrower shall immediately deposit with the Agent an amount of cash Cash equal to the then aggregate amount of the stated amounts of all letters Letters of credit Credit outstanding hereunder as security for reimbursement of any drawings made on any such letters Letters of credit Credit and as collateral for repayment of the Debt or any part thereof.

REMEDIES RELATING TO LETTERS OF CREDIT. In the event the Commitments are terminated and/or the Debt is accelerated pursuant to Sections 11.01 or 11.02 above, the Borrower shall immediately deposit with the Agent an amount of cash equal to the then aggregate amount of the stated amounts of all letters of credit outstanding hereunder as security for reimbursement of any drawings made on any such letters of credit and as collateral for repayment of the Debt or any part thereof.

REMEDIES RELATING TO LETTERS OF CREDIT. In the event the Commitments are terminated pursuant to Section 5.07 hereof and/or the Debt is accelerated pursuant to Sections Section 11.01 or 11.02 abovehereof, the Borrower shall immediately deposit with the Agent an amount of cash Cash equal to the then aggregate amount of the stated amounts of all letters Letters of credit Credit outstanding hereunder as security for reimbursement of any drawings made on any such letters Letters of credit Credit and as collateral for repayment of the Debt or any part thereof.