Common use of Special Provisions Applicable to Lenders Upon the Occurrence of a Sharing Event Clause in Contracts

Special Provisions Applicable to Lenders Upon the Occurrence of a Sharing Event. (a) On the date of the occurrence of any Sharing Event, or promptly thereafter, if there have been any drawings pursuant to the Letter of Credit which have not yet been reimbursed to Issuing Bank pursuant to Section 2.1(b), Issuing Bank shall seek reimbursement therefor as permitted pursuant to Section 2.1(b)(vi). After giving effect to the actions taken (or required to be taken) pursuant to the preceding sentence, Administrative Agent shall request that Deposit Bank return (in which case Deposit Bank shall return) to Administrative Agent who shall, in turn, return to the Pre-Funded L/C Lenders amounts (if any) representing Pre-Funded L/C Deposits which are permitted to be returned to the Pre-Funded L/C Lenders at such time in accordance with Section 2.1(b)(vi) hereof.

Special Provisions Applicable to Lenders Upon the Occurrence of a Sharing Event. (a) i. On the date of the occurrence of any Sharing Event, or promptly thereafter, if there have been any drawings pursuant to the Letter of Credit which have not yet been reimbursed to Issuing Bank pursuant to Section 2.1(b), Issuing Bank shall seek reimbursement therefor as permitted pursuant to Section 2.1(b)(vi). After giving effect to the actions taken (or required to be taken) pursuant to the preceding sentence, Administrative Agent shall request that Deposit Bank return (in which case Deposit Bank shall return) to Administrative Agent who shall, in turn, return to the Pre-Funded L/C Lenders amounts (if any) representing Pre-Funded L/C Deposits which are permitted to be returned to the Pre-Funded L/C Lenders at such time in accordance with Section 2.1(b)(vi) hereof.