Common use of Letter of Credit Advances Clause in Contracts

Letter of Credit Advances. (i) The Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 5 contracts

Samples: Credit Agreement (Moran Transportation Co), Credit Agreement (Private Business Inc), Credit Agreement (Applied Graphics Technologies Inc)

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Letter of Credit Advances. (i) The U.S. Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 3 contracts

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

Letter of Credit Advances. (i) The Borrower Borrowers shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 2 contracts

Samples: Credit Agreement (Microage Inc /De/), Microage Inc /De/

Letter of Credit Advances. (i) The Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and or the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 2 contracts

Samples: Credit Agreement (Cantel Medical Corp), Credit Agreement (Cantel Medical Corp)

Letter of Credit Advances. (i) The Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Working Capital Lender that has made a Letter of Credit Advance on the earlier of demand by the Administrative Agent and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 1 contract

Samples: Credit Agreement (Safety 1st Inc)

Letter of Credit Advances. (i) The Each Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance to or for the benefit of such Borrower on the earlier of demand by the Administrative Agent and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance to or for the benefit of such Borrower made by each of them.

Appears in 1 contract

Samples: Credit Agreement (International Rectifier Corp /De/)

Letter of Credit Advances. (i) The Borrower shall repay to the Administrative Agent for the account of the Issuing Bank, for the account of each Existing Issuing Bank and for the ratable account of each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of themthem on demand.

Appears in 1 contract

Samples: Credit Agreement (Signature Brands Inc)

Letter of Credit Advances. (i) The Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 1 contract

Samples: Credit Agreement (Boca Resorts Inc)

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Letter of Credit Advances. (i) The Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.Letter

Appears in 1 contract

Samples: Credit Agreement (Mosler Inc)

Letter of Credit Advances. (i) The Parent Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Working Capital Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 1 contract

Samples: Credit Agreement (Ipc Communications Inc /De/)

Letter of Credit Advances. (i) The Borrower Borrowers shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 1 contract

Samples: Credit Agreement (Polyvision Corp)

Letter of Credit Advances. (i) The Parent Borrower shall repay to the Administrative Agent for the account of the Issuing Bank and each other Revolving Credit Lender that has made a Letter of Credit Advance on the earlier of demand and the Revolving Credit Termination Date the outstanding principal amount of each Letter of Credit Advance made by each of them.

Appears in 1 contract

Samples: Credit Agreement (Ipc Information Systems Inc)

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