Common use of Accounts due from Clause in Contracts

Accounts due from. a customer whose principal place of business is located outside the United States of America or Canada unless such Account is backed by a letter of credit, in form and substance acceptable to Agent and issued or confirmed by a bank that is organized under the laws of the United States of America or a State thereof, that is acceptable to Agent; provided that such letter of credit has been delivered to Agent as additional collateral;

Accounts due from. a customer whose principal place of business is located outside the United States of America or Canada unless such Account is backed by a letter of credit, in form and substance acceptable to Collateral Agent and issued or confirmed by a bank that is organized under the laws of the United States of America or a State thereof, that is acceptable to Collateral Agent; provided that such letter of credit has been delivered to Collateral Agent as additional collateral;

Accounts due from. a customer whose principal place of business is located outside the United States of America or Canada unless such Account is backed by a letter of credit, in form and substance acceptable to Agent and issued or confirmed by a bank that is organized under the laws of the United States of America or a State thereof, that is acceptable to Agent; provided provided, that a copy of such letter of credit has been delivered to Agent as additional collateralcollateral (Borrower hereby agreeing to deliver the original of any such letter of credit to Agent as Collateral promptly upon request of Agent);