Examples of Letter of Credit Cash Collateral in a sentence
If any Letter of Credit Usage remains or is expected to remain outstanding on the Revolving Termination Date (as it may be extended), Borrower shall, at least 15 days prior to the Revolving Termination Date (as it may be extended), deposit cash in an amount equal to the Letter of Credit Usage applicable to it in a Letter of Credit Cash Collateral Account.
If any Letter of Credit Usage remains outstanding after the Maturity Date, Borrower shall, not later than such date, deposit cash in an amount equal to such Letter of Credit Usage in a Letter of Credit Cash Collateral Account.
Xxxxx Xxxxxxxx Title: Vice President Letter of Credit Cash Collateral Agreement Signature Page Letter of Credit Cash Collateral Agreement Signature Page BANK OF AMERICA, N.A., as Administrative Agent By: Name: Xxxxxx X.
The Company hereby pledges, assigns and grants to the Agent on behalf of the Lenders a security interest in the Letter of Credit Cash Collateral Account, anyand all funds from time to time contained therein, and all products and proceeds of the foregoing.
Letter of Credit Cash Collateral Agreement Signature Page BEARINGPOINT, INC., as Borrower By: /s/ Xxxxxxx X.