Common use of Cash Collateral Clause in Contracts

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 25 contracts

Samples: Credit Agreement (Flex Ltd.), Credit Agreement (Flextronics International Ltd.), Credit Agreement (Flextronics International Ltd.)

AutoNDA by SimpleDocs

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 16 contracts

Samples: Credit Agreement (Hcp, Inc.), Credit Agreement (Fortress Investment Group LLC), Credit Agreement (Arthrocare Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to 103% of such Outstanding Amount determined as of the date of such L/C Borrowing or the Letter of Credit Expiration Date, as the case may be).

Appears in 7 contracts

Samples: Credit Agreement (APi Group Corp), Credit Agreement (APi Group Corp), Credit Agreement (APi Group Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer any Issuing Bank has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation Exposure for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount L/C Exposure of all L/C ObligationsExposures.

Appears in 5 contracts

Samples: Credit Agreement (Dole PLC), Credit Agreement (Dole PLC), Assignment and Assumption (Dole Food Co Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 5 contracts

Samples: Credit Agreement (American Eagle Outfitters Inc), Credit Agreement (Fortress Investment Group Holdings LLC), Credit Agreement (Fortress Investment Group LLC)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer any Issuing Bank has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation Exposure for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsExposure attributable to the Letters of Credit issued for the benefit of the Borrower.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Viatris Inc), Revolving Credit Agreement (Viatris Inc), Credit Agreement (Mylan N.V.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 4 contracts

Samples: Credit Agreement (Elcor Corp), Utility Services (California Water Service Group), Assignment and Assumption Agreement (Granite Construction Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations in an amount equal to 103% of the Outstanding Amount thereof.

Appears in 4 contracts

Samples: Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Anixter shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 4 contracts

Samples: And Incremental Facility Agreement (Anixter International Inc), Year Revolving Credit Agreement (Anixter International Inc), Revolving Credit Agreement (Anixter International Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.all

Appears in 3 contracts

Samples: Credit Agreement (Telephone & Data Systems Inc /De/), Credit Agreement (United States Cellular Corp), Credit Agreement (Aztar Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the any L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, Borrowing or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Parent Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the an L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Loan Parties shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount outstanding amount of all L/C Obligations.Obligations (in an amount equal to such outstanding amount determined as of the date of such L/C Borrowing EXHIBIT K, PAGE 4

Appears in 3 contracts

Samples: Construction Loan Agreement (Skechers Usa Inc), Construction Loan Agreement (Skechers Usa Inc), Construction Loan Agreement (Skechers Usa Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer Issuing Lender has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowinga deemed borrowing, or (Bii) if, as of the expiration date of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize cash collateralize the then Outstanding Amount outstanding amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Language Line, Inc.), Credit Agreement (Language Line Costa Rica, LLC), Credit Agreement (Language Line Holdings, Inc.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the an L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation Obligations for any reason remains outstanding, the Company applicable Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit Agreement (GFI Group Inc.), Credit Agreement (GFI Group Inc.), Credit Agreement (GFI Group Inc.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shallshall (or shall cause the applicable Borrower to), in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Albemarle Corp), Credit Agreement (Albemarle Corp), Credit Agreement (Albemarle Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer Issuing Bank has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 3 contracts

Samples: Revolving Credit Facility Agreement (Lennox International Inc), Revolving Credit Facility Agreement (Lennox International Inc), Revolving Credit Facility Agreement (Lennox International Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.reason

Appears in 3 contracts

Samples: Credit Agreement (Florida East Coast Industries Inc), Credit Agreement (Laureate Education, Inc.), Credit Agreement (Infrasource Services Inc)

Cash Collateral. (i) Upon the request of the Administrative AgentAgent and any Issuing Bank, as applicable, (A1) if the L/C Issuer such Issuing Bank has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingUnreimbursed Amount, or (B2) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize 102% of the then Outstanding Amount amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.), Credit and Guaranty Agreement (Cheniere Energy, Inc.), Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.outstanding and

Appears in 2 contracts

Samples: Security Agreement (Gaylord Entertainment Co /De), Credit Agreement (Gaylord Entertainment Co /De)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the an L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.Outstanding

Appears in 2 contracts

Samples: Credit Agreement (MSGE Spinco, Inc.), Credit Agreement (Madison Square Garden Entertainment Corp.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrowers shall immediately Cash Collateralize the Obligations in an amount equal to the then Outstanding Effective Amount of all the L/C Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Argosy Gaming Co), Credit Agreement (Argosy Gaming Co)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingUnreimbursed Amount, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately within two Business Days of the occurrence of any event in (A) or (B) above, Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 2 contracts

Samples: Credit Agreement (L 3 Communications Holdings Inc), Credit Agreement (L 3 Communications Holdings Inc)

Cash Collateral. (i) Upon i)Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations in an amount equal to 103% of the Outstanding Amount thereof.

Appears in 2 contracts

Samples: Credit Agreement (Allient Inc), Credit Agreement (Allied Motion Technologies Inc)

Cash Collateral. (i) (A) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, the Borrowers shall immediately Cash Collateralize the amount of such L/C Borrowing or (B) if, as of the Letter of Credit Expiration Maturity Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations of all Letters of Credit issued for its account.

Appears in 2 contracts

Samples: Credit Agreement (Donaldson Co Inc), Credit Agreement (Donaldson Co Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 2 contracts

Samples: Credit Agreement (MULTI COLOR Corp), Credit Agreement (Multi Color Corp)

Cash Collateral. (i) Upon Within 3 Business Days following the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company applicable Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 2 contracts

Samples: Security Agreement (Asyst Technologies Inc), Credit Agreement (Asyst Technologies Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Maturity Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.;

Appears in 2 contracts

Samples: Credit Agreement (TUTOR PERINI Corp), TUTOR PERINI Corp

Cash Collateral. (ia) Upon the request of the Administrative Agent, (A) if the L/C Issuer an Issuing Bank has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 2 contracts

Samples: Credit Agreement (PENTAIR PLC), Credit Agreement (Pentair Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingBorrowing which is an Unreimbursed Amount, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations in an amount equal to 105% thereof.

Appears in 2 contracts

Samples: Credit Agreement (American Vanguard Corp), Credit Agreement (American Vanguard Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the applicable Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Solectron Corp), Credit Agreement (Solectron Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Knoll Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an a L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Boyds Collection LTD)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the any L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, Borrowing or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Parker Drilling Co /De/)

Cash Collateral. (i) Upon the request of the Administrative AgentAgent after and during the continuance of an Event of Default, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 1 contract

Samples: Credit Agreement (Lee Enterprises Inc)

Cash Collateral. (i) Upon the request of the Administrative AgentL/C Issuer, (A) if the L/C Issuer has honored any full or partial drawing request under any the Letter of Credit and such drawing has resulted in an L/C BorrowingUnreimbursed Amounts, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations in an amount equal to 105% of the Outstanding Amount thereof.

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Flir Systems Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Avnet shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 1 contract

Samples: Credit Agreement (Avnet Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit L/C Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (CompuCredit Holdings Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Loan Parties shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all such L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Gtech Holdings Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.. Sections 2.06 and 8.02(c) set forth certain additional

Appears in 1 contract

Samples: Lease Agreement (Herbst Gaming Inc)

Cash Collateral. (i) Upon the request of the applicable Administrative Agent, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an a L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company applicable Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all its L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Georgia Gulf Corp /De/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrowers shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.C

Appears in 1 contract

Samples: Credit Agreement (Famous Daves of America Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrowers shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 1 contract

Samples: Utility Services (California Water Service Group)

Cash Collateral. (i1) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations in an amount equal to 103% of the Outstanding Amount thereof.

Appears in 1 contract

Samples: Credit Agreement (Columbus McKinnon Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the any L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Parker Drilling Co /De/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Maturity Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.C

Appears in 1 contract

Samples: Credit Agreement (GT Solar International, Inc.)

Cash Collateral. (i) Upon the request of the Administrative AgentAdministrator, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations for so long as such L/C Obligations remain outstanding.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kaman Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shallwill, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Starbucks Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company L/C Parties shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Toro Co)

Cash Collateral. (i) Upon the request of the Administrative AgentAgent after and during the continuance of an Event of Default, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 1 contract

Samples: Credit Agreement (NCH Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if --------------- the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingBorrowing that remains outstanding, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.(52)

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an a L/C Borrowing, or (Bii) if, as of the Letter of Credit L/C Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstanding, remain outstanding and partially or wholly undrawn the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.Outstanding

Appears in 1 contract

Samples: Credit Agreement (Live Nation, Inc.)

AutoNDA by SimpleDocs

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Xxxxxxxxx shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Carpenter Technology Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the first anniversary of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Security Agreement (Global Power Equipment Group Inc/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.C

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.. Sections

Appears in 1 contract

Samples: Credit Agreement (Stewart Enterprises Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.Obligations (in an

Appears in 1 contract

Samples: Credit Agreement (Oneok Inc /New/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the any L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, or (C) if there shall exist a Defaulting Lender, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Assignment and Assumption (Parker Drilling Co /De/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has Issuers have honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingBorrowing that is continuing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Clear Channel Communications Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.Borrower

Appears in 1 contract

Samples: Loan Agreement (Cedar Shopping Centers Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, the Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations with respect to such Letter of Credit, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Egl Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the an L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Schnitzer Steel Industries Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.,

Appears in 1 contract

Samples: Credit Agreement (Gilead Sciences Inc)

Cash Collateral. (i) Upon the written request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingUnreimbursed Amount, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately within two Business Days of the occurrence of any event in (A) or (B) above, Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Dade Behring Holdings Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingObligation that remains outstanding, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.,

Appears in 1 contract

Samples: Credit Agreement (Perfumania Holdings, Inc.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer an Issuing Bank has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Pentair Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingBorrowing that remains outstanding, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.C

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

Cash Collateral. (i) Upon the request of the Administrative AgentAgent or of the Required Revolving Loan Lenders, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit issued by such L/C Issuer and such drawing has resulted in an L/C Borrowing, or (B) if, as of the applicable Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations in respect of such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Georgia Pacific Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately within two Business Days of the occurrence of any event in (A) or (B) above, Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Amphenol Corp /De/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) --------------- if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations (in an amount equal to such Outstanding Amount).

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the applicable L/C Issuer has honored any full or partial drawing request under any Letter of Credit or made any payment under any Bankers’ Acceptance and such drawing has resulted in an L/C BorrowingBorrowing that the Company has not repaid within three Business Days of such drawing or payment, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Thermo Electron Corp)

Cash Collateral. (i) Upon the request of the Administrative AgentAdministrator, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C ObligationsObligations for so long as such L/C Obligations remain outstanding.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kaman Corp)

Cash Collateral. (i) Upon the request of the Administrative AgentAgent or the Required Lenders, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.Cash

Appears in 1 contract

Samples: Credit Agreement (Nash Finch Co)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C BorrowingBorrowing which remains unpaid, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately promptly Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Greif Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.. Sections 2.06 and 8.02(c) set

Appears in 1 contract

Samples: Credit Agreement

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Cash Collateral Date, any L/C Obligation Letter of Credit for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.outstanding and partially or wholly undrawn,

Appears in 1 contract

Samples: Credit Agreement (Cousins Properties Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the Obligations in an amount equal to one hundred five percent (105%) of the then Outstanding Effective Amount of all the L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.. Sections 2.05 and 9.02(c) set forth certain additional

Appears in 1 contract

Samples: Credit Agreement (Medassets Inc)

Cash Collateral. (i) Upon the request of the Administrative L/C Issuer or Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit L/C Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Powerwave Technologies Inc)

Cash Collateral. (i) Upon the written request of the Administrative AgentAgent or the Required Lenders, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (Valmont Industries Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount aggregate amount of all such L/C Obligations.C

Appears in 1 contract

Samples: Revolving Credit Agreement (Pmi Group Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, McAfee and the Company Irish Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (McAfee, Inc.)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the an L/C Issuer has honored any full or partial drawing request under any Letter of Credit issued by such L/C Issuer and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.in

Appears in 1 contract

Samples: Credit Agreement (Total System Services Inc)

Cash Collateral. (i) Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit Expiration Date, any L/C Table of Contents Obligation for any reason remains outstanding, the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.

Appears in 1 contract

Samples: Credit Agreement (TRM Corp)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Company Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.all

Appears in 1 contract

Samples: Credit Agreement (Cost Plus Inc/Ca/)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.Obligations (in an amount equal to such Outstanding Amount determined as of the date of such L/C Borrowing or the Letter

Appears in 1 contract

Samples: Credit Agreement (Amo Holdings LLC)

Cash Collateral. (i) Upon the request of the Administrative Agent, (Ai) if the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (Bii) if, as of the Letter of Credit Expiration Date, any L/C Obligation Letter of Credit may for any reason remains outstandingremain outstanding and partially or wholly undrawn, the Company shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.C

Appears in 1 contract

Samples: Credit Agreement (Western Gas Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.