Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes immediately payable, the relevant Borrower under the Revolving Facility to which such Letter of Credit relates shall repay or prepay that amount immediately.
Appears in 4 contracts
Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable, the relevant Borrower under that requested the Revolving Facility to which such issue of that Letter of Credit relates shall repay or prepay that amount immediately.
Appears in 3 contracts
Samples: Facility Agreement, Linde PLC, Facility Agreement (Enodis PLC)
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable, the relevant Borrower under that requested the Revolving Facility to which such issue of that Letter of Credit relates shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable, the relevant Borrower under that requested (or on behalf of which the Revolving Facility to which such Parent requested) the issue of that Letter of Credit relates shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a the Letter of Credit or any amount outstanding under a the Letter of Credit becomes is expressed to be immediately payable, the relevant Borrower under Company shall pay that amount to the Revolving Facility to which such Bank, or prepay or repay the Letter of Credit relates shall repay (or prepay that the applicable amount immediatelyoutstanding thereunder), immediately on demand by the Bank.
Appears in 1 contract
Samples: Credit Facility Agreement (Axis Capital Holdings LTD)
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable, the relevant Borrower under that requested the Revolving Facility to which such issue of that Letter of Credit relates shall repay or prepay that amount immediately. 7.2.
Appears in 1 contract
Samples: Agreement (Paradigm Ltd.)
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable, the relevant Borrower under the Revolving Facility to which such Letter of Credit relates shall repay or prepay that amount immediately.
Appears in 1 contract
Samples: Facility Agreement (British Sky Broadcasting Group PLC)
Immediately payable. If a Letter of Credit or any amount outstanding under a Letter of Credit becomes is expressed to be immediately payable, the relevant Senior Borrower under the Revolving Facility to which such Letter of Credit relates shall repay or prepay that amount immediately.
Appears in 1 contract
Samples: Senior Facilities Agreement (Central European Distribution Corp)