Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 34 contracts
Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day promptly following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC each Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.19(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 31 contracts
Samples: Secured Revolving Credit Agreement (Sixth Street Specialty Lending, Inc.), Secured Revolving Credit Agreement (Sixth Street Lending Partners), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day promptly following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.19(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 24 contracts
Samples: Assignment and Assumption (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (Varagon Capital Corp), Revolving Credit Agreement (Pennantpark Investment Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.21(a)(iv2.16(a)(iv) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 21 contracts
Samples: Credit Agreement (Healthpeak Properties, Inc.), Credit Agreement (Physicians Realty Trust), Credit Agreement (Healthpeak Properties, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any the LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 19 contracts
Samples: Credit Agreement (Jack Henry & Associates Inc), Credit Agreement (Universal Electronics Inc), Credit Agreement (Henry Jack & Associates Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 14 contracts
Samples: Credit Agreement (Tri Pointe Homes, Inc.), Credit Agreement (Radian Group Inc), Credit Agreement (Tri Pointe Homes, Inc.)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the each Issuing Bank’s LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.26(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount103% of such Issuing Bank’s LC Exposure with respect to such Defaulting Lender.
Appears in 13 contracts
Samples: Credit Agreement (PACS Group, Inc.), Credit Agreement (Pennant Group, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank L/C Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ cash collateralize such L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(v) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 11 contracts
Samples: Credit Agreement (APi Group Corp), Credit Agreement (Element Solutions Inc), Credit Agreement (APi Group Corp)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to any reallocation pursuant to Section 2.21(a)(iv2.20(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 11 contracts
Samples: Credit Agreement (Hexcel Corp /De/), Credit Agreement (Dollar General Corp), Credit Agreement (Dollar Tree, Inc.)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.24(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Minimum Collateral AmountIssuing Bank’s LC Exposure with respect to such Defaulting Lender.
Appears in 8 contracts
Samples: Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Designated Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Designated Agent) the Borrower shall Cash Collateralize the each LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (M.D.C. Holdings, Inc.), Credit Agreement (M.D.C. Holdings, Inc.), Credit Agreement (M.D.C. Holdings, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Letter of Credit Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing BanksLetter of Credit Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (WideOpenWest, Inc.), Credit Agreement (WideOpenWest Finance, LLC), Credit Agreement (WideOpenWest Finance, LLC)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.26(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Minimum Collateral AmountIssuing Bank’s LC Exposure with respect to such Defaulting Lender.
Appears in 7 contracts
Samples: Subsidiary Guaranty Agreement (Healthstream Inc), Credit Agreement (LendingTree, Inc.), Credit Agreement (LendingTree, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank the L/C Issuer (with a copy to the Administrative Agent) the ), Borrower shall Cash Collateralize the LC Issuing Banks’ L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any the LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (Polaris Inc.), Credit Agreement (Polaris Inc.), Credit Agreement (Polaris Inc.)
Cash Collateral. At any time that there shall exist a Defaulting LenderLender under the Revolving Credit Facility, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to any reallocation pursuant to Section 2.21(a)(iv2.20(a) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp), Fourth Amendment (Science Applications International Corp)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize cash collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.31(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.16(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 7 contracts
Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank L/C Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ L/C Issuer’s Fronting Exposure in an amount equal to 103% of such Fronting Exposure or otherwise in an amount and/or in a manner reasonably acceptable to the applicable L/C Issuer with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.18(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 7 contracts
Samples: Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.19(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Kinder Morgan, Inc.), Revolving Credit Agreement (Kinder Morgan, Inc.), Revolving Credit Agreement (Kinder Morgan, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv8.16(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 6 contracts
Samples: Credit Agreement (AEP Texas Inc.), Credit Agreement (Southwestern Electric Power Co), Credit Agreement (Southwestern Electric Power Co)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Agent, the Issuing Bank Lenders (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ all Fronting Exposure of the Issuing Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and Section 2.21(b) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 5 contracts
Samples: Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day promptly following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.19(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Samples: Revolving Credit Agreement, Guarantee and Security Agreement (TCG Bdc, Inc.), Guarantee and Security Agreement (TCG Bdc, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC an Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC such Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Alaska Communications Systems Group Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Samples: Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent Agent, the Swingline Lender or any LC Issuing Bank Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv4.12(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement (Advanced Disposal Services, Inc.), Credit Agreement (Advanced Disposal Services, Inc.), Senior Secured Credit Agreement (ADS Waste Holdings, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv12.07(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Epsilon Energy Ltd.), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC cash collateralize such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Enviva Inc.), Credit Agreement (Enviva Inc.), Credit Agreement (Enviva Inc.)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing BanksIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.21(a)(iii) (Default Lender) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Boardwalk Pipeline Partners, LP), Revolving Credit Agreement, Revolving Credit Agreement (Boardwalk Pipeline Partners, LP)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ all Fronting Exposure of the Issuing Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.21(b) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize cash collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.17(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in by depositing with the Administrative Agent into the XX Xxxx Collateral Account an amount of cash in Dollars not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)
Cash Collateral. At any time that (a) If there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure of the Issuing Lenders with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) 2.21 and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Salesforce, Inc.), Credit Agreement (Salesforce, Inc.), Credit Agreement (SALESFORCE.COM, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.10(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountequal to such Fronting Exposure as of such date.
Appears in 4 contracts
Samples: Credit Agreement (Service Corp International), Credit Agreement (Service Corp International), Credit Agreement (Service Corp International)
Cash Collateral. At (i)At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize cash collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.31(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the applicable Borrower shall Cash Collateralize the LC Issuing BanksIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv5.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing BanksIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 4 contracts
Samples: Credit Agreement (Arcbest Corp /De/), Credit Agreement (Arcbest Corp /De/), Credit Agreement (Arcbest Corp /De/)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the applicable Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such Issuing Bank’s LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.26(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount105% of such Issuing Bank’s LC Exposure with respect to such Defaulting Lender.
Appears in 4 contracts
Samples: Credit Agreement (Apollo Medical Holdings, Inc.), Credit Agreement (Apollo Medical Holdings, Inc.), Credit Agreement (Apollo Medical Holdings, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure of such Issuing Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv5.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Cirrus Logic, Inc.), Credit Agreement (Cirrus Logic Inc), Credit Agreement (Cirrus Logic Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any the LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Revolving Loan Borrower shall Cash Collateralize the LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv6.14.1(d) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.. (a)
Appears in 3 contracts
Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.26(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Minimum Collateral AmountIssuing Bank’s LC Exposure with respect to such Defaulting Lender.
Appears in 3 contracts
Samples: Credit Agreement (Biote Corp.), Guaranty and Security Agreement (RadNet, Inc.), Guaranty and Security Agreement (RadNet, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing BanksLenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.12(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Long Term Credit Agreement (Whirlpool Corp /De/), Assignment Agreement (Whirlpool Corp /De/), Assignment Agreement (Whirlpool Corp /De/)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC cash collateralize such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Enviva Partners, LP), Credit Agreement, Credit Agreement (Enviva Partners, LP)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Agent, the Issuing Bank Lender (with a copy to the Administrative Agent) or any Swingline Lender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the LC Issuing Banks’ all Fronting Exposure of the Issuing Lender and the Swingline Lender with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.21(b) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Samples: Credit Agreement (Lehigh Gas Partners LP), Credit Agreement (Atlas Merger Subsidiary, Inc.), Credit Agreement (Infospace Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to any reallocation pursuant to Section 2.21(a)(iv2.20(a) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Emc Corp), Credit Agreement (SAIC Gemini, Inc.), Credit Agreement (Science Applications International Corp)
Cash Collateral. At any time that there shall exist is a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any the applicable LC Issuing Bank Issuer (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the applicable LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.20(a)(iv) and any Cash Collateral provided by such Defaulting LenderLender pursuant to Section 2.20(a)(ii)) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Hawkins Inc), Credit Agreement (Hawkins Inc), Credit Agreement (Hawkins Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.21(a)(iv2.16(a)(iv) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Samples: Credit Agreement (BurgerFi International, Inc.), Credit Agreement and Joinder (BurgerFi International, Inc.), Credit Agreement (Empire Petroleum Partners, LP)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure Exposures with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Cash Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Oil & Gas Investments, LLC), Credit Agreement (AMERICAN EAGLE ENERGY Corp)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountequal to such Fronting Exposure as of such date.
Appears in 3 contracts
Samples: Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, promptly (and in any event within one two (2) Business Day Days) following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC each applicable Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.21(a)(iv2.16(a)(iv) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount).
Appears in 3 contracts
Samples: Credit Agreement (FutureFuel Corp.), Credit Agreement (FutureFuel Corp.), Credit Agreement (FutureFuel Corp.)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Banks (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting LC Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.25(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 103% of the Minimum Collateral AmountIssuing Banks’ LC Exposure with respect to such Defaulting Lender.
Appears in 3 contracts
Samples: Guaranty and Security Agreement, Guaranty and Security Agreement (Landmark Infrastructure Partners LP), Credit Agreement (Landmark Infrastructure Partners LP)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower Company shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.21(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender that is a Revolving Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) ), the Borrower shall Borrowers shall, jointly and severally, Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Guarantee Agreement (Rayonier, L.P.), Credit Agreement (Rayonier Inc), Credit Agreement (Rayonier Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.24(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Walter Investment Management Corp), Credit Agreement (Walter Investment Management Corp), First Lien Credit Agreement (Walter Investment Management Corp)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize cash collateralize the LC Issuing Banks’ Fronting Exposure Letter of Credit Obligations with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.18(b)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than 105% of the Minimum Collateral AmountLetter of Credit Obligations with respect to such Defaulting Lender.
Appears in 3 contracts
Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.12(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 3 contracts
Samples: Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)
Cash Collateral. (a) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing BanksIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.14(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Assignment Agreement (TRC Companies Inc /De/), Credit Agreement (Mercury Computer Systems Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day promptly following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.18(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Oaktree Finance, LLC), Senior Secured Revolving Credit Agreement (Oaktree Capital Group, LLC)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement, Credit and Guaranty Agreement (TerraForm Power, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv4.06(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (LRR Energy, L.P.), Credit Agreement (LRR Energy, L.P.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Reliant Software, Inc.), Revolving Credit Agreement (Community Choice Financial Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to any reallocation pursuant to Section 2.21(a)(iv2.18(a) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Becton Dickinson & Co), Credit Agreement (Becton Dickinson & Co)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC an Issuing Bank (with a copy to the Administrative Agent) ), the Borrower Company shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure of the applicable Issuing Bank with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.19(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount100% of such Fronting Exposure.
Appears in 2 contracts
Samples: Credit Agreement (Olin Corp), Credit Agreement (Olin Corp)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount105% of such Fronting Exposure at such time.
Appears in 2 contracts
Samples: Credit Agreement (Stonemor Partners Lp), Credit Agreement (Stonemor Partners Lp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower Company shall Cash Collateralize the LC such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Covanta Holding Corp), Project Description Agreement (Covanta Holding Corp)
Cash Collateral. Defaulting Lender. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank's Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.11(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Pyramid Oil Co), Credit Agreement (Pyramid Delaware Merger Subsidiary, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv5.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank the L/C Issuer (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure of the L/C Issuer with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Interval Leisure Group, Inc.), Credit Agreement (Interval Leisure Group, Inc.)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount105% of such Fronting Exposure at such time.
Appears in 2 contracts
Samples: Credit Agreement (Golden Entertainment, Inc.), Credit Agreement (LHC Group, Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or Agent, any LC Issuing Bank or the Swingline Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ and/or Swingline Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv8.16(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC cash collateralize such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Tallgrass Energy GP, LP), Credit Agreement (Tallgrass Energy GP, LP)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure Letter of Credit Obligations with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.17(b)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than one hundred three percent (103%) of the Minimum Collateral AmountLetter of Credit Obligations with respect to such Defaulting Lender.
Appears in 2 contracts
Samples: Credit Agreement (Installed Building Products, Inc.), Credit Agreement (Installed Building Products, Inc.)
Cash Collateral. At In the event that any time that there shall exist Lender becomes a Defaulting Lender, then during any Default Period with respect to such Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC collateralize such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(ivclause (e) above and any Cash Collateral collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Gramercy Property Trust Inc.), Credit and Guaranty Agreement (Gramercy Property Trust Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ ' Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Pacificorp /Or/)
Cash Collateral. At any time that there shall exist a Defaulting Lender that is a Revolving Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender in an amount sufficient to cover the applicable Fronting Exposure (determined after giving effect to Section 2.21(a)(iv2.16(a)(iv) and any Cash Collateral provided by such the Defaulting Lender) in an amount not less than the Minimum Collateral Amount.). (a)
Appears in 2 contracts
Samples: Credit Agreement (Physicians Realty L.P.), Credit Agreement (Physicians Realty Trust)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC an Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC such Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Revolving Facility Administrative Agent or any LC Issuing Bank (with a copy to the Revolving Facility Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Nord Anglia Education, Inc.), Credit and Guaranty Agreement (Nord Anglia Education, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure Exposures with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Cash Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Globant S.A.), Credit Agreement (Globant S.A.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.14(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Andersons, Inc.), Credit Agreement (Andersons, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any the LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Revolving Loan Borrower shall Cash Collateralize the LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv6.14.1(d) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing BanksLenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.17(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing BanksIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.9(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Assignment and Assumption (Gulf Island Fabrication Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit Agreement (Wca Waste Corp)
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC cash collateralize such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iv) and any Cash Collateral cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit Agreement (Platform Specialty Products Corp)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) ), the Borrower shall Cash Collateralize the LC Issuing Banks’ Fronting Exposure of the Issuing Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv4.14(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower Company shall Cash Collateralize the LC Issuing BanksLenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amountequal to 105% of such Fronting Exposure at such time.
Appears in 1 contract
Samples: Credit Agreement (Fei Co)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.26(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit Agreement (Amedisys Inc)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC such Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.21(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (8point3 Energy Partners LP)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank (with a copy to the Administrative Agent) the ), Borrower shall Cash Collateralize the LC such Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing Banks’ Lender's Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Banking Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize cash collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender3.12(a)(iii)) in an amount not less than the Minimum Collateral Amountsuch Defaulting Lender’s L/C Exposure.
Appears in 1 contract
Samples: Credit Agreement (Brookfield Property Partners L.P.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower Borrowers shall Cash Collateralize the LC Issuing Banks’ Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.12.1(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the such LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(ivSection 2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit Agreement (New Home Co Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Issuing Bank Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC Issuing BanksLenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.14(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit Agreement (Midstates Petroleum Company, Inc.)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC Agent, an Issuing Bank or Swing Line Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the LC applicable Issuing BanksBank’s or Swing Line Lenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any LC Issuing Bank Issuer (with a copy to the Administrative Agent) ), the Borrower Borrowers shall Cash Collateralize the such LC Issuing Banks’ Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to the reallocation pursuant to Section 2.21(a)(iv2.11(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
Samples: Credit Agreement (FGL Holdings)
Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any LC the Issuing Bank (with a copy to the Administrative Agent) the Foreign Borrower shall Cash Collateralize the LC Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.21(a)(iv2.22(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Appears in 1 contract
