Common use of Supporting Letter of Credit; Cash Collateral Clause in Contracts

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 any Letter of Credit is outstanding on the Stated Termination Date or earlier termination of this Agreement, the Borrowers shall deposit with the Bank, at its discretion, with respect to each Letter of Credit then outstanding either (A) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the Bank, issued by an issuer satisfactory to the Bank in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Bank is entitled to draw amounts necessary to reimburse the Bank for payments made by the Bank under such Letter of Credit or under any credit support or enhancement provided through the Bank with respect thereto, or (B) cash in amounts necessary to reimburse the Bank for payments made by the Bank under such Letter of Credit or under any credit support or enhancement provided through the Bank. Such Supporting Letter of Credit or deposit of cash shall be held by the Bank, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 2.4 any Letter of Credit is outstanding on the Stated Termination Date or earlier termination of this Agreement, the Borrowers shall deposit with the Bank, at its discretion, with respect to each Letter of Credit then outstanding either (A) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the Bank, issued by an issuer satisfactory to the Bank in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Bank is entitled to draw amounts necessary to reimburse the Bank for payments made by the Bank under such Letter of Credit or under any credit support or enhancement provided through the Bank with respect thereto, or (B) cash in amounts necessary to reimburse the Bank for payments made by the Bank under such Letter of Credit or under any credit support or enhancement provided through the Bank. Such Supporting Letter of Credit or deposit of cash shall be held by the Bank, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 any Letter of Credit (including an IRB Letter of Credit) is outstanding on upon the Stated Termination Date or earlier termination of this Agreement, then upon such termination the Borrowers shall deposit with the BankLender, at its discretion, with respect to each Letter of Credit then outstanding outstanding, either (A) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the BankLender, issued by an issuer satisfactory to the Bank Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Bank Lender is entitled to draw amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the Bank Lender with respect thereto, or (B) cash in amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the BankLender. Such Supporting Letter of Credit or deposit of cash shall be held by the BankLender, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14, any Letter of Credit is outstanding on upon the Stated Termination Date or earlier termination of this Agreement, then upon such termination the Borrowers Borrower shall deposit with the BankLender, at its discretion, with respect to each Letter of Credit then outstanding outstanding, either (A) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the BankLender, issued by an issuer satisfactory to the Bank Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Bank Lender is entitled to draw amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the Bank Lender with respect thereto, or (B) cash in amounts an amount necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the BankLender. Such Supporting Letter of Credit or deposit of cash shall be held by the BankLender, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14, any Letter of Credit is outstanding on upon the Stated Termination Date or earlier termination of this Agreement, then upon such termination the Borrowers Borrower shall deposit with the BankLender, at its discretion, with respect to each Letter of Credit then outstanding outstanding, either (A) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the BankLender, issued by an issuer satisfactory to the Bank Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Bank Lender is entitled to draw amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the Bank Lender with respect thereto, or (B) cash in amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the BankLender. Such Supporting Letter of Credit or deposit of cash shall be held by the Bank, Lender as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 any Letter of Credit is outstanding on upon the Stated Termination Date or earlier termination of this Agreement, then upon such termination the Borrowers shall deposit with the BankLender, at its discretion, with respect to each Letter of Credit then outstanding outstanding, either (Ai) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the BankLender, issued by an issuer satisfactory to the Bank Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Bank Lender is entitled to draw amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the Bank Lender with respect thereto, or (Bii) cash in amounts necessary to reimburse the Bank Lender for payments made by the Bank Lender under such Letter of Credit or under any credit support or enhancement provided through the BankLender. Such Supporting Letter of Credit or deposit of cash shall be held by the BankLender, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.