Common use of Acceleration of US LC Obligations Clause in Contracts

Acceleration of US LC Obligations. If the US Obligations or any part thereof become immediately due and payable pursuant to Section 8.1 then, unless Required Lenders otherwise specifically elect to the contrary (which election may thereafter be retracted by Required Lenders at any time), all US LC Obligations shall become immediately due and payable without regard to whether or not actual drawings or payments on the Letters of Credit have occurred, and US Borrower shall be obligated to pay to US LC Issuer immediately an amount equal to the aggregate US LC Obligations which are then outstanding.

Acceleration of US LC Obligations. If the US Obligations or any part thereof become immediately due and payable pursuant to Section 8.1 then, unless Tranche A Required Lenders otherwise specifically elect to the contrary (which election may thereafter be retracted by Tranche A Required Lenders at any time), all US LC Obligations shall become immediately due and payable without regard to whether or not actual drawings or payments on the Letters of Credit have occurred, and US Borrower shall be obligated to pay to US LC Issuer immediately an amount equal to the aggregate US LC Obligations which are then outstanding.

Acceleration of US LC Obligations. If the US Obligations or any part thereof become immediately due and payable pursuant to Section 8.1 then, unless Required all US Lenders otherwise specifically elect to the contrary (which election may thereafter be retracted by Required Lenders any US Lender at any time), all US LC Obligations shall become immediately due and payable without regard to whether or not actual drawings or payments on the US Letters of Credit have occurred, and US Borrower shall be obligated to pay to US LC Issuer immediately an amount equal to the aggregate US LC Obligations which are then outstandingoutstanding to be held as US LC Collateral.

Acceleration of US LC Obligations. If the US Obligations or any part --------------------------------- thereof become immediately due and payable pursuant to Section 8.1 then, unless Required all US Lenders otherwise specifically elect to the contrary (which election may thereafter be retracted by Required Lenders any US Lender at any time), all US LC Obligations shall become immediately due and payable without regard to whether or not actual drawings or payments on the US Letters of Credit have occurred, and US Borrower shall be obligated to pay to US LC Issuer immediately an amount equal to the aggregate US LC Obligations which are then outstandingoutstanding to be held as US LC Collateral.